Word: drainings
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...this (a recession is customarily defined as two quarters of declining production), but it unofficially estimated last week that national output of goods and services dropped at an annual rate of 2.4% from April through June. OPEC's oil boosts make this downturn immeasurably harder to reverse; they will drain perhaps $30 billion out of Americans' pockets by the end of 1980. Unemployment has been holding steady at just under 6% so far this year, but is sure to rise?perhaps to 7.5% or 8% next year, according to Heller...
Money Down the Drain...
...sanitation engineers have dug themselves into a hole so deep that they are having trouble getting out. In 1976 giant mechanical moles began work on the largest public works project in the nation: 131 miles of tunnel shafts, reservoirs and pumping stations. The network was designed to drain off rainwater and thus combat sewer backup and subsequent flooding of basements and overflow into the area's reservoirs...
...department's budget--will take a beating under the new system. The post-secondary sector currently accounts for 40 to 50 per cent of federal funds allocated for education, but the inclusion of overseas dependent schools for 135,000 Americans in the Department promises to severely drain available resources...
...coach Peter Raymond watched his charges leave the boat in funereal silence, seven seat Pasha Lakhdhir remained on the dock, his feet resting in the boat and his head buried in his arm. The letdown, the sudden drain of adrenalin and the misery of a second loss to despised Yale kept him rooted there for a good three minutes. Finally Raymond's hand descended to grab the hand of his disconcerted oarsman, and the pair walked away from the shell for moment, in the somber aftermath of defeat...