Word: boom
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Dates: during 1980-1989
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...Midwest, however, the heat and drought have had a mixed result. Commodity markets have been on a rollercoaster ride of boom and bust this year. Prices went into a tailspin last January, after the President announced the Soviet grain embargo. But reports of the drought began pushing them up again by the end of June. The market has also been helped by the timing of the Soviet decision to resume buying American grain on the last year of a five-year contract. It was announced last week that the Soviets will make an initial purchase of 100,000 metric tons...
...Reagan years, should they come to pass, will occur in a different world. The Eisenhower years were postwar boom-time; American power dominated the world then, and gasoline cost 30? per gal. But even then Americans were skittish, with a sense of things sliding out of their hands, of an un controllable future...
...tale in office construction is entirely different. Rather than being in a recessionary tail spin, commercial building has embarked on what may turn out to be its greatest boom ever. The burst of construction is being fed, in part, by the growth of white-collar jobs. During the past five years, the U.S. work force has risen dramatically to 106 million, vs. 95 million in 1975. Since much of the growth has taken place in the service and financial sectors, the demand for office space has outstripped the surplus supply created by the last big building bonanza...
...office building boom about to bust? Obviously the industry is cyclical, and the current rapid rate of activity cannot continue indefinitely. The present construction, however, appears so soundly based that the outlook is optimistic. Given a bit of luck, the boom will continue for at least three years, and possibly four or five. Then the industry will need to pause for breath and find new funds...
...numbered about 20 per cent of the population, and relations between the Cuban and the non-Latin white (or "Anglo") communities were good. The Anglos had welcomed the Cubans fleeing Castro with open arms, and in return the Cubans settled in a decaying neighborhood and turned it into a boom town. But as it turned out, the decision to chase South American pesos shattered the fragile Cuban-Anglo harmony and turned it into hatred. In addition, the "New Prosperity" of the 1970s, as Miamians call it, created racial problems where none had seemed to exist beforehand and, some say, turned...