Word: consumerized
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Dates: during 1980-1989
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Restraining consumer prices, which rose at a 6.4% annual rate in March, will be no easy task for Federal Reserve Chairman Alan Greenspan. To cool the economy, he may have to nudge interest rates upward. But doing so could drop a political bombshell on the presidential campaign of Vice President...
A sobering problem is that some U.S. industries are virtually gone, with little hope of coming back. In consumer electronics, a dynamic field that represents a major source of imports, U.S. manufacturers have held on to only 18% of their home market. Among the new products that are made by...
While agreeing that a better balance between consumer demand and supply in the U.S. economy is crucial, many trade experts, along with nearly all politicians, think the Government should take specific actions to reduce imports and boost exports. Clyde Prestowitz, a former trade negotiator for the Reagan Administration, suggests that...
Foreign competitors have made startling gains in many fields once dominated by American manufacturers. These graphs show how the percentage of the U.S. market held by American industries has declined since 1970. While steel producers are making at least a modest comeback, the figures show that U.S. consumer electronics is...
DESCRIPTION: Percentage of United States market held by American manufacturers of steel, automobiles, machine tools, textiles and clothing, consumer electronics, 1970 to 1987.