Word: forecasts
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...forecast can measure the volcanic threat created by the crisis in Asia. Economists generally blame the drop in stocks on slumping U.S. exports to the stricken region. The decline limited the growth of U.S. corporate earnings--a key determinant of stock prices--with industries from chemicals to aerospace reporting lower profits in the second quarter than in the same period a year ago. "Asia is unpredictable," says Allen Sinai, chief global economist for Primark Decision Economics. "I can't guarantee that there will be no recession in the U.S. next year because no one can be sure about Asia." Observes...
...Pirates won a tight one that night, the forecast rain never fell, and the fireworks after the game were spectacular...
...those long-term rains to get some moisture in the ground." Last week the Governor asked the state to pray for rain. The prayers may have been answered. Over the weekend, scattered showers and sea breezes helped firefighters begin to get a handle on the blazes, and rain was forecast for this week...
...workers that is a bad news-good news forecast. Unemployment will rise from the 28-year low of 4.3%, touched in April, to perhaps 5% next year. But employers will still be beating the bushes for every worker they can find, if a bit less feverishly than today. And wages will be pushed up faster than prices...
...checked, but even many of the suspect ones are programmed with manual overrides or "soft-landing" outcomes where safety is an issue. (Nonetheless, the Gartner Group estimates that litigation costs over Y2K service and product failures, both real and imagined, could soar to $1 trillion or more.) Duggan's forecast for the impact of Jan. 1, 2000, sounds like a tolerable weather report: "It's going to be like a couple of inches of snow that stays on the ground for a few days...