Word: forecasting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...among most economists is that the economy will achieve a real growth rate of about 7% and that inflation will average out for the year at perhaps slightly less than 6%. That would be a creditable performance -and a somewhat better one than was called for by the consensus forecast at the start of the year. The economy may be losing a bit of momentum, but it is going at about the right pace for the long haul back to full prosperity...
...finish will be so tight that John Sears, Reagan's campaign manager, predicts that his man will be ahead, but perhaps by three votes−1,131 to 1,128. Ford's aides forecast a squeaker victory for the President, but last week were not speculating on numbers. Both sides agree that the party's nominee will be determined by the 60 to 70 truly uncommitted delegates...
...head of the Holy Spirit Association for the Unification of World Christianity, Reverend Moon, whose country was once a target for Christian missionaries, is now three years into his program for turning the tables on the West and evangelizing it for his own (TIME, Nov. 10). He had forecast an overflow crowd of 200,000, perhaps even an absurd million, for his stadium extravaganza. In preparation, 1,500 of his relentlessly smiling young followers held brass-band rallies from Harlem to Wall Street, plastered every available wall with red-white-and-blue posters bearing Moon's smiling face...
...inveterate optimists. Late last year, when the industry was just beginning to grope its way out of its worst slump since the 1930s, General Motors Chairman Thomas Murphy guessed that 1976 sales, including imports, might rise to 10,250,000 cars. Since then, he has raised his forecast to "at least 10,500,000." Other auto executives foresee sales of 10,600,000 this year. Either prediction would place 1976 far above 1975's dismal sales of 8,600,000 and make this year the industry's third best ever (the record is 11,350,000 cars sold...
Still, most economists forecast that inflation by year's end will be running at about 5% to 6%. Such a rate would be modest by the standards of recent years arid would not greatly dampen consumer optimism, especially if the current expansion in personal income continues to put more money in buyers' pockets. Already the rise in consumer installment credit for the first three months of the year ($3.9 billion) tops the increase for all of 1975 ($3.7 billion...