Word: droppingly
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...government reported that fourth quarter GDP contracted at an annual rate of 3.8%. That does not approach the 7.8% in the second quarter of 1980 or the 10.4% post-war record set in the first quarter of 1958. The consensus estimate among analysts was for a 5.4% drop...
...fourth quarter number was helped somewhat by a build-up in inventories. Real final sales for domestic product, which excludes inventories, decreased 5.1% in the fourth quarter. This is the biggest drop since 1980. (See pictures of the 1958 recession...
...fourth quarter GDP number may have been a little better than expected. Joblessness and a bleeding off of some of that overstocked inventory spell a historic drop...
...coffee cut joins a long list of cost-reduction measures implemented at Harvard’s schools as they struggle to reduce budgets in the wake of an unpredented drop in the endowment...
...Last year, compensation for HMC’s president and top five officials summed to $26.8 million for the fiscal year ending June 30—a 20 percent increase from the previous year, but a marked drop from that of five years earlier...