Word: boomingly
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Dates: during 1980-1989
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...erode," says Richard Delaney, chairman of the Coastal States Organization, a group that advocates better coastal management in 30 states (including those that border the Great Lakes) and five territories. The problem, however, is Americans' passion for living and vacationing at the seashore. That has led to a boom in the development of U.S. coastal areas since World War II. "When you ; put a permanent structure onto a piece of land that is by nature mobile," says Delaney, "you have a very serious problem...
...first boom time for rule writers came during the Great Depression of the 1930s. At the urging of President Franklin Roosevelt, Congress commissioned ranks of regulators to repair the economic damage and prevent its recurrence by monitoring banks, stockbrokers and other businesses. Among the new watchdog agencies were the Federal Deposit Insurance Corp. (1933), the Securities and Exchange Commission (1934) and the National Labor Relations Board (1935). When regulatory legislation was first challenged, a conservative Supreme Court thought the Constitution did not provide the authority for such federal meddling, but Roosevelt's appointment of more liberal members...
...freezer boom is being powered by the increasing presence of grownup appetites in a market traditionally associated with children: most frozen snacks are now bought by the free-spending, sweet-toothed 25-to-44 age group. Among the favorite treats of these young adults are the frozen fruit and juice bars, supermarket items made essentially of water and natural fruit chunks or juice. Sales of the bars jumped nearly 50% last year, to more than $300 million. Frozfruit, a small company based in Gardena, Calif., introduced the first frozen fruit bar nationally eight years ago. But the novelty...
There has been no shortage of irony and drama in Paul Volcker's eight-year tenure as Federal Reserve chairman. During that time, the U.S. went through one of its deepest economic slumps since the Great Depression, as well as its second longest peacetime boom in modern times. Volcker shares in the blame -- and credit -- for both those cycles, but one major accomplishment was virtually all his own. He was the valiant tamer of U.S. inflation, the tightfisted money manager who stopped one of the worst price spirals in this century and made it bearable once again for Americans...
Troubled economic waters threaten the Venice summit. -- Has James Baker' s star waned? -- A new debt boom in home- equity loans...