Word: tradings
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Dates: during 1980-1989
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Statistics are the heavenly bodies of economics. Not only are they used for navigation by businesses, policy planners and researchers but they also exert a powerful pull over the tides of the economy. A high monthly figure for the trade deficit, for example, can send floods of money rushing out of the stock market in a sell-off. The sheer quantity of statistics available is immense. Nearly every business day the U.S. Government releases one indicator or another, from the Consumer Price Index and capacity utilization to retail sales and housing starts. Too often, however, the overall impact...
...most volatile statistics is the monthly report on the U.S. trade deficit. That figure jumped from $12.4 billion in January to $13.8 billion in | February, only to plunge to $9.7 billion in March. Part of the reason for such swings is that trade flows vary according to seasonal patterns. When the Commerce Department announces the April figure next week, the number will be "seasonally adjusted" in an attempt to smooth out temporary fluctuations...
Lambasting Washington, Wall Street and special-interest groups everywhere, Iacocca, 63, complains that too many Americans are unwilling to make the compromises necessary to attack such problems as federal deficits, trade imbalances, ineffective high schools and shoddy workmanship. Unlike many industrialists, he calls for a more activist Federal Government. "The next President must find a way to ease the polarization, because we don't seem much like a 'United' States anymore -- just a bunch of fifty states, each doing its own thing...
Pointing to the lack of American competitiveness in international trade and the troubling decline in minority enrollment in the nation's colleges and universities, education officials say that America must now renew its committment to education...
Harvard sponsors an education project for trade unions, which encourages cooperation between universities and labor and accepts huge grants and involvement from the local clerical union's parent, the American Federation of State, County and Municipal Employees. This spring the University showed that it is willing to take in the money as long as it doesn't have to learn any lessons...