Word: boom
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Dates: during 1980-1989
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Nationwide, 42% of Americans admit they ordered dessert more than once a ! month last year, according to Restaurants & Institutions magazine, up from 17% the year before. But the boom is not confined to eating out. Supermarket bakery sales were up 21% in 1986 and '87. And bakeries are bursting with business. "Desserts in restaurants are only half the loaf," affirms Elliott Medrich, co-owner of Cocolat, a San Francisco Bay-area chocolate shop renowned for its truffles. "The real dessert action is in the high end of take-away- food places or for people cooking at home...
...extending loans for leveraged buyouts. He suggested that Congress take a closer look at tax provisions that encourage such buyouts. Greenspan's views sent a tremor through the stock market, and share prices of companies involved in takeovers took a tumble, as many investors turned fearful that the buyout boom could suddenly go bust...
FOOD: Americans demand their just desserts Despite a national obsession with cholesterol and calories, U. S. restaurants and bake shops report a boom in the demand for mousse, cheesecake and sundry other sweet things in life...
...what are the thieves doing with their booty? Taking advantage of a recent boom in recycling, which generates an estimated $700 million a year, by selling it to scrap dealers who lately have raised their prices. Last year in Detroit, the price of aluminum leaped from 20 cents to 45 cents per lb. "When they go to the scrapyard," fumes Detroit community activist Pat Bosch, "no questions are asked." For law-abiding citizens already beleaguered by drug- trafficking, arson and the indifference of the city administration, aluminum thievery is the last straw. "They're devastating the city," complains Sophie Sroczynski...
...teenage daughter in CBS's Raising Miranda, and Richard Mulligan mugs (insufferably) as a middle-aged widower in NBC's Empty Nest. Meanwhile, Kate Jackson reprises Diane Keaton's role as a Manhattan yuppie trying to juggle a baby and a high- pressure corporate job in NBC's Baby Boom. The pilot episode plays too much like a Reader's Digest version of the movie (both written by Charles Shyer and Nancy Meyers). But this satire of motherhood in the fast lane can be clever: Mom tells little Elizabeth over the phone, "I'll be home in half a Sesame...