The outlook for 1996 United States corporate earnings
Article Abstract:
The Institutional Brokers Estimate System's June survey of 2,500 security analysts affiliated with more than 200 institutional equity research companies predicts the country's corporate earnings to increase by 13.3% in 1996. A 16.1% growth rate is expected in 1997. S&P 500 operating earnings are forecasted to rise by 9.4% to $41.27 in 1996 and by 13.9% to $47.02 in 1997. A 7.9% increase in earnings and a growth of 15.6% is expected in 1997 for the S&P Industrials. Earnings are expected to increase by 5% or $369.25 in 1996 and 15.7% or $427.37 in 1997.1997 for the Dow Jones Industrial Average.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1996
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The outlook for 1996 United States corporate earnings
Article Abstract:
The expected continued growth of the country's economy is unlikely to match past rates. Annual real gross product growth is expected to reach 2.3% in 1996 and 2.5% in 1997. Employment rate is predicted to increase at a 1.8% yearly rate in 1996 and 1997. Federal Reserve policy and continued export growth will cause such increase. The country's long-term economic prosperity will depend on the changing composition of the economy. The emergence of strong growth industries will help the country achieve further economic success.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
When you're right, you're wrong
Article Abstract:
Some of the pitfalls associated with business forecasting are discussed. The consequences of forecasts made by the academic economist and the business practitioner are compared relative to their overall objectives. While the standards for businessforecasts are less rigid than those of scholarly endeavors, the forecasting process for them is no less demanding. Their concrete results can often be measured in terms of jobs, money and even the very survival of their client.
Publication Name: Journal of Business Forecasting
Subject: Business, general
ISSN: 0278-6087
Year: 1992
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