Word: forecasts
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Dates: during 1970-1979
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Still, a lot depends upon the weather this winter--and Eckstein's computer can't forecast that. The wooly caterpillar--perhaps the most accurate weather forecaster in recent years--is said to have had especially thick rings this year, indicating a reversal in the warming trend of the past few winters. If the caterpillar is right, the nation could face very serious fuel problems in coming months...
...months immediately ahead, Americans can take some solace from one rather tenuous forecast. Long-range weather predictions indicate that the winter could be relatively mild. If that is the case, the discomfort and dislocation arising from the energy crisis may be not disastrous but merely arduous...
INFLATION. Consumer prices will rise higher than earlier anticipated. Robert Nathan, a private consultant, believes that they will advance 7% or more, up 2 percentage points from his previous forecast. The reason: shortages of not only oil but also such essential petroleum-based products as plastics, synthetic fibers and fertilizer. The University of Minnesota's Walter W. Heller agrees that the petroleum squeeze alone will add 1% or more to inflation, but he pegs the consumer-price increases at 6% to 7% in the first half of 1974, dropping to 5% to 6% in the second half...
...desolate scene, a nightly occurrence since late September, could be a dramatic forecast of the future for other cities in the U.S., Europe and Japan. The Pacific Northwest is in the grip of a serious energy crisis, ironically brought on by the same mild weather that allowed the remainder of the nation to slip relatively easily through last winter's fuel-oil shortage. Because snow did not build up in normal amounts in the Cascades and Canadian Rockies, this spring's runoff into the hydroelectric reservoirs along the Columbia River was the lowest in 95 years. The problem...
...Today's forecast for New England weather is overcast and the outlook in the Ivy League football race is equally cloudy. The Ivy winner was not determined last year until the last week of the season and another tight championship contest seems likely this season...