Word: demands
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Dates: during 1970-1979
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...past five years the long dormant wood-stove industry has been fanned back to life by the energy crisis, and nowhere is demand stronger than in New England, where good old-fashioned Yankee self-reliance and vast stands of hardwood forests stretching from the Canadian border to the New York City suburbs are combining to help free the region from its 80% dependence on foreign oil. Since 1970, the use of wood for energy in New England has grown sixfold, and in Maine, Vermont and New Hampshire a full 18% of all households now rely on the fuel as their...
...more to fight inflation and foster energy conservation in the U.S. One specific problem they mentioned was the widespread concern in Western Europe that Washington might bargain away too much in the SALT negotiations with the Soviets. A particular worry: the U.S. might bow to Moscow's demand for tight restrictions on the transfer of weapon technology. For the British, this could mean a sharp curtailment of cooperation with the Pentagon on nuclear weaponry, the backbone of Britain's strategic deterrent. And Bonn does not want to be prevented from acquiring nonnuclear cruise missiles, which it has been...
Rising consumer confidence should boost demand, predicts the OECD, lifting total output of goods and services by 3.5% in Europe, vs. 2% in the U.S. Demand will also increase because West Germany and Japan are moving to stimulate their powerful economies, opening their markets to imports from less affluent trading partners. West German tax cuts and other expansive measures will amount to $8 billion this year...
Though the prospect is for "moderation" in wages, that may translate into less than moderate increases of 12% in Britain, 8% in France and possibly 15% in Italy. In West Germany, 100,000 steelworkers who demand a 35-hour instead of a 40-hour week have been on strike or locked out, some for as long as six weeks. This is the worst German steel confrontation in 50 years, and by mid-January it will slow auto and electronics production. So, while Europe heads into the new year with more vigor than the U.S., the year of the scissors will...
...demand for foreknowledge of practically everything supports a professional industry whose size is barely hinted at by the hovering legions of astrologers, fortune tellers, palmists, mystics, clairvoyants, tarot cardists and stock-market analysts. In fact, the craze for foretelling (and being foretold) runs so deep that it has incurably infected the one profession whose redeeming mission is actually to discover what happened yesterday: journalism. Even though this obligation regularly taxes its competence, journalism today spends a surprising amount of its energy transmitting what it cannot possibly know for sure. Not only tabloids like the National Enquirer but sober organs like...