Word: downturn
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...industrial elite, but a rebirth of a political spirit of cooperation and determination. Muller's scope extends beyond domestic boundaries to the problems of the Third World--a topic conspicuously absent in the discussions of most corporate zealots. He places American stagnation in the context of a world-wide downturn afflicting both Western nations as well as those trying to industrialize for the first time...
...rise seems to be making many consumers more hesitant and fearful of another economic downturn. Says the Commerce Department's Adren Cooper...
...this year the aloha spirit is suddenly subdued. Tourism is down for the first time since 1949. After growing at an annual average of 15% for the past 15 years, the number of visitors so far in 1980 is off 1.5%. And new figures indicate that the downturn is gathering force. In October, 8.4% fewer tourists visited Hawaii than in the same month last year. The number from the U.S. and Canada slumped 10.8%, while that from Asia was up a small 1.2%. Group travel, which used to constitute about half of all tourism, this year is 19.9% below...
Seated on the stage of Vanderbilt's Underwood Auditorium, simultaneously slicked up and rumpled in his Sunday best, he could pass for a stranger who got lost on his way to the Grand Ole Opry, Nashville's other landmark. His mouth has the patient downturn of one who has endured flood and drought, and can survive this occasion too. When he speaks to the overflow audience, resolutely ignoring the mike, his parched hills-and-hollows drawl has the rasp of red dust in the throat on a July afternoon...
Most regrettably, the year is winding up as it began: interest rates are rising, the pace of price increases is accelerating, and a growing chorus of experts and officials is warning of a downturn dead ahead. The grim prospect is of an inflation-weakened economy struggling to recover from recession, only to be knocked flat all over again by tight money and high interest-a possibility that would make 1981 as big a policymaking headache for Ronald Reagan as 1980 has been for Jimmy Carter...