Word: prediet
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Dates: during 1970-1979
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...nationwide number of travelers using mass transit has risen an average 4.4% a month over the preceding year, to an estimated 27,775,000 a day. In May, as California began taking the brunt of the first gasoline shortfalls, ridership across the U S Climbed 7.3%. Mass transit experts prediet that the June figures will show an increase "in the double digits," perhaps adding up to a two-month gain of 2 million travelers each...
...most economists are not unduly concerned by the slowdown. They continue to prediet a 6% increase in real G.N.P. (not counting inflation) for the remainder of this year and a reduction in the level of joblessness to 7%. Even so, growth in second-half profits is likely to slow down. One reason for the strong first-half showing is that companies were able to raise prices faster than their labor costs went up, thus improving profit margins. That advantage will diminish in the months ahead as the economy picks up momentum and industry comes closer to using its full capacity...
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