Word: dropping
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...Swine flu virus and the fact that several large American banks may need tremendous infusions of capital. GDP numbers issued by the government were also shockingly bad. The economy contracted 6.1% in the first quarter which was more than any of the estimates of sane analysts. This GDP drop followed a drop of 6.3% in the last quarter of 2008. Experts tried to calm the masses by saying that some of the fall-off was due to a dip in inventories. That could mean that as those inventories are replenished in this quarter, economic activity will pick up. The logic...
...reasons that GDP did so poorly is that capital expenditures fell at an annual rate of 38%. A fair portion of that drop was due to slow activity in the housing market. Recent figures on home sales should cause any capable analyst to believe that housing will not be a source of any hope for a recovery...
Russell Brand slated to greasify DROP DEAD FRED remake...
...leisure consulting at PricewaterhouseCoopers. Even time-shares at top lodging companies are taking hits: Starwood Hotels & Resorts Worldwide reported a 48% decline in revenues from its vacation-ownership business in the fourth quarter, with the average price per unit plunging 31%. Similarly, Marriott International posted a 32% revenue drop in time-share sales. David Loeb, a senior analyst at Robert W. Baird & Co., sees more pain ahead. He projects Starwood's vacation-ownership sales revenues to fall an additional 27% and Marriott's an additional...
...Fitzsimmons ’67 to recent alumni to current Harvard students—who together determine the fate of each applicant, with only 7 percent receiving the coveted acceptance letter earlier this month.THROUGH THE MACHINE Once students click “send” on their computers or drop their applications into the mailbox, Anderson’s work begins. Physical and electronic versions of applications arrive in the basement of 86 Brattle Street, where Anderson leads a team of students and staff who organize the piles of paper.The incoming documents—including the applications, secondary school reports...