Word: falloff
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Dates: during 1980-1989
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...drop in funds has coincided with a decline in the ministries' TV audience. Exact figures on cable viewership are hard to come by, but the falloff of broadcast viewers has been dramatic (see chart). Between February and May, the number of TV households tuning in to Swaggart's weekly show dropped from 2,161,000 to 1,759,000. Robert Schuller's Hour of Power lost 191,000 households, dipping to 1,507,000. Oral Roberts dropped 155,000 households, to 994,000. Jerry Falwell's Old Time Gospel Hour and Robertson's daily 700 Club just about held even...
...striking difference will be the falloff in British oil production from the North Sea. Last year 2.56 million bbl. a day were produced. By 1992 the output is expected to drop below 1.7 million bbl. a day, making Britain a net importer of oil for the first time since 1980. While Mexico's reserves should last well into the 21st century, its production is expected to stay flat for the next few years. Because of the shaky state of the Mexican economy, Pemex, the state-owned oil company, will probably be unable to make the investments needed to bolster...
Investors tried to put the bloodbath in perspective. While severe, it still left the Dow 212 points above what it was at the start of 1986 and a remarkable 1000 points above its level in August 1982, when the bull market started. Quantitatively, it was the largest falloff ever, but the 4.6% drop in share values on Thursday was nowhere near the chilling 12.8% plunge of the Great Crash...
...three-year-old economic recovery is vulnerable to a host of debilitating troubles. Growth has been going on for so long that an unexpected development like poor Christmas sales or a falloff in auto production could tip the economy into recession. After good growth of 3.4% in 1983 and 6.6% in 1984, the U.S. economy in 1985 expanded just 2.4%. Nonetheless TIME's Board of Economists offers an optimistic forecast for American business, predicting steady if unspectacular growth in the coming year. Board members declared that the economy will move forward and avoid a recession...
...despite the falloff in membership and the tranquil surroundings, McManus insists that the John Birch Society is thriving. It occupies three full buildings in the Belmont area alone. It has a national payroll of more than 175. Through its Western Islands Publishing Company, the Society prints four magazines, each with circulation hovering around 45,000. McManus one of the few official spokesmen for the Society--writes a syndicated column published in more than 100 county newspapers, although few big city papers run "The Birch Log." Recently, McManus has appeared on CBS's "Nightwatch" and is also scheduled for "PBS Latenight...