Word: hoadley
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Dates: during 1960-1969
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...September upturn, which most economists dismiss as a freak performance by volatile statistics, the rate of housing starts may dip below 1,000,000 by year's end. "We are facing the worst housing shortage that we have had since the end of World War II," says Walter Hoadley, executive vice president of California's Bank of America. "The crisis is going to get worse...
...business, it is a valuable (but sometimes flawed) barometer of the economic future. A stock-market decline is perhaps the strongest signal yet that the Government is finally beginning to bring the overexuberant U.S. economy under control. "Inflation is being wrung out of the stock market," says Walter E. Hoadley, executive vice president of California's Bank of America. "The correction is a prerequisite to a resumption of healthy growth...
...real shock is the lack of shock," said Walter Hoadley, senior vice president and economist of the Bank of America. "People seem reconciled to it. Nowadays 71% only seems to confirm inflationitis." It also validates a growing concern that inflationary psychology may be every bit as disabling and difficult to cure as inflation itself...
...history. Now, that standing is jeopardized by the soaring cost of homes and apartments. Only last year, according to one recent survey, the cost of housing jumped 10% in most areas of the U.S. "Housing prices are going up faster than people's ability to pay," warns Walter Hoadley, senior vice president and economist of the Bank of America. "The demand for housing is on a collision course with rising costs...
...group headed by Gainsbrugh: N.Y.U. Professor Solomon Fabricant, Du Pont Economist Ira T. Ellis, Michigan U. Professor Paul W. McCracken, American Airlines Vice President George P. Hitchings, Bank of America Vice President Walter E. Hoadley, U.S. Steel Economist William H. Peterson, N.Y.U. Professor Jules Backman, Bankers Trust Vice President Roy L. Reierson, Ragnar D. Naess of Naess & Thomas, investment counselors, Commerce Department Economist Louis J. Paradiso, and James W. Knowles, research director of the Congressional Joint Economic Committee...