Word: dipped
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...keep the currency's value down. Until recently, the Administration had said that it would intervene only when the markets were especially volatile. On Friday the value of the dollar dropped back from its record highs, and the Administration's new policy may have played a role in the dip...
...stock prices of 30 major companies, including General Motors and Westinghouse, hundreds of second-tier stocks stayed hot. Several broad indexes, including Standard & Poor's 500 and the New York Stock Exchange composite of 1,200 issues, set record highs day after day. Only on Friday did they dip a bit. Thursday's session marked the 19th consecutive trading day in which rising stocks outnumbered losers, another Big Board record. The string was broken on Friday, but volume for the week was 652 million shares, the fourth- highest in history...
...Wisconsin. Moreover, financial experts consider a healthy surplus to be 5% of total state spending; this year's surpluses average between 3% and 4%. The reserves are highly sensitive to economic fluctuations. Explains James Burton, executive secretary of California's commission on state finances: "A small dip in the national economy can wipe us out fast...
...round, think pleasant," said Tan Brunet, a championship carver from Galliano, La. "A bird has no corners." As he talked, a neighbor, Jimmie Vizier, another prizewinning carver, addressed a block of tupelo. Shavings flew. Brunet chalked a map of the United States on a blackboard, understandably skewing the southern dip of Louisiana so that it was more prominent than that of Texas, than that of Florida. He explained migratory patterns, different woods, paints, patterns of feathers, and as his listeners took notes, he threw in a little about the Cajun way of life...
...make sure the economic expansion continues." The U.S. recovery is about to celebrate its second birthday. Since World War II, the average upturn has lasted about four years, and so it is unlikely that the Reagan Administration will go through its entire second term without another economic dip, perhaps a sizable...