Word: forecasted
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Dates: during 1920-1920
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...inauguration of price recessions among various basic commodities heretofore unaffected, the extension of price revisions to retail markets, an increase in the number of business failures, easier money as the result of the release of credit by liquidation in commodity market and an increase of security prices," is the forecast of the Advance Letter on General Business Conditions issued recently by the University Committee on Economic Research...
...Forecast of Great Value...
These prophecies come with special interest and significance at a time of such general financial uncertainty, and from an organization that has been so successful in previous forecasts. As early as December, 1919, the committee predicted the recession of commodity prices some time between the spring and fall of this year. In January, 1920, a definite announcement was made declaring that the recent recession in speculative activities led to the expectation of a check in the rise of prices early in the period between April and September. The marked drop of prices in April bore out this forecast surprisingly well...
...Committee on Economic Research offers to business men a practical statistical service based on scientific principles. Financial conditions, particularly the trend of prices, are carefully studied, and from them a forecast of future conditions is made. In addition to the general study of economic situations, several special investigations have been made possible by gifts from Mr. Frank A. Vanderlip, Philip Cabot '94, the Consolidated Steel Corporation, the American International Corporation, J. P. Morgan & Company, the National City Bank of New York, the United States Steel Products Company (the exporting branch of the United States Steel Corporation), and W. R. Grace...
...committee for private individuals are always published in the Monthly Review. The Review of Economic Statistics constitutes the chief part of the statistical service. In it an index of speculative, general business and banking activity is given and a careful interpretive analysis made from this index, together with a forecast of general business conditions for the coming month. Finally there is an appendix of current statistics covering domestic and international trade...