Word: downturn
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...National Safety Council released highway-death-toll figures for the first six months in 1974, deaths were down a heartening 23% from the same period in 1973. While noting that the energy crisis had decreased the number of cars on the road, the council still gave credit for the downturn to the 55-m.p.h. speed limit, calling it a "major contributing factor...
ECONOMIC DISTRESS involves people who find themselves in serious economic trouble. The indicator was derived from a series of questions about urgent problems, among them difficulties in meeting bills, mortgage and rent payments, deep-seated fears of losing jobs because of an economic downturn, and serious worries about not being able to save for the future...
...slow-working and painful. Worse, they sound like a prescription for ensuring the defeat of any President who tries them, since they amount to taking on every vested interest in the economy at once. So there will be a strong temptation to avoid them and hope that a recent downturn in inflation-from an annual rate of 12.3% in the first quarter to 8.8% in the second-continues on its own. But that improvement is scarcely satisfactory; the Government must do all it can to bring the rate down further...
...said, would hinder his ability to give "candid and uninhibited" advice to Nixon in private. So the committee postponed the hearings, to the disappointment of members who had hoped to ask Rush what led the President to predict recently a late-1974 pickup in national production and a downturn in inflation...
Doubtless the deep first-quarter downturn in productivity is temporary and will be reversed when employers either lay off more workers or increase production-or both. Yet the longer-term trend is not totally reassuring. In global terms, the U.S.'s long lead in productivity has been narrowed. The country's productivity grew at a healthy annual average of about 3% through most of the postwar period, helped by such developments as the fast spread of computers. But between 1965 and 1970 productivity grew only 2% per year in the U.S. v. 13.2% in Japan, 5.7% in West...