Word: climbed
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...last week in Manhattan to review the nation's quickly deteriorating business situation. After looking at the economy's vital signs, the experts concluded that the recession of 1980 will be longer, deeper and more painful than was expected only a few weeks ago. Unemployment threatens to climb to a peak of 9% or more by early 1981, matching and perhaps even surpassing the 9% jobless rate that was briefly touched during the 1973-75 slump. Next month's release of growth figures for the second quarter is expected to show the economy dropping by about...
...average worldwide cost of oil is about $31 per bbl., but Eckstein projects that it will rise to $35 per bbl. by year's end and $42 per bbl. by the end of 1981. A rise of that magnitude, more than double the U.S.'s projected climb in consumer prices during the period, would stoke up inflation all over again...
...business career will have to wait a while, but her whole life is not just golf--"If it were, I wouldn't have come here." She has full confidence she will eventually "climb the corporate ladder," and adds that "golf certainly helps, it's a very social game." Though golf has a lot to do with "shaping character," she insists she can live without it, and has no delusions about the stacked deck she must play with in her quest to be a pro golfer. "I think I'm one up on many women on the tour who bank...
...into the synfuel business. Though more than two dozen small-scale synfuel projects are already either being constructed or operated around the country, many oilmen remain unenthusiastic about starting up plants of their own. The technology for synfuels is expensive and cumbersome, and even though petroleum prices seem to climb higher almost daily, synfuel continues to be one of the costliest and least competitive of all energy sources...
Their journey repeats the classic American immigrant sagas. To escape the old country (the ration line, the future foreclosed, the totalitarian rant), they climb aboard overcrowded boats and go pitching out across the water to a different life. When they glimpse the new land, they throng to the rails; they peer toward the dock with that vulnerable immigrant look of yearning that everyone carries in memory, like a cracked photograph: the faces at Ellis Island, the Golden Door-or at least the servants' entrance-to the new world and all its redemptions...