Word: predictible
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That decline has given a charge to the housing market. The Commerce Department reported last week that sales of new single-family homes jumped 4.4% in January, to an annual rate of 753,000, the highest level in more than two years. Experts predict that builders will start construction on as many as 1.8 million houses, condos and apartments this year, up slightly from last year's strong showing. Existing homes are selling at an annual rate of 3.32 million units, the highest since 1979. Says Maurice Sanderman, president of Sundance Homes, a Woodridge, Ill.-based builder: "There...
Worse, analysts predict that falling petroleum prices may cost Egypt an additional $700 million in export revenues this year. Plummeting revenues have forced the government to cut back on the $7 billion that it spends in subsidies for basic goods such as bread and gasoline, and this has fed popular discontent...
...Thomas was bouncing around in a standard TWA propeller-driven plane when she entered the contest, which offered cash to whomever could most accurately predict the nature of air travel...
...stretch beyond Wapping. As Murdoch proved by hiring electricians to replace the printers, the historic solidarity of the British union movement is cracking. Following Fleet Street's example, other recalcitrant unions, notably those representing teachers and autoworkers, may be forced to modify their demands. Some government officials even grandly predict international consequences. Said one: "If Fleet Street can move decisively with a minimum of fuss, British industry will clearly present a different image across the world...
Dukakis' official position is that his entire energies are focused on winning gubernatorial re-election, which many predict will be far from difficult. Dukakis press secretary James Dorsey said "He's very serious about running for governor...