Word: falloff
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Dates: during 1980-1989
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...Peace Research Institute, global arms imports totaled $34 billion in constant 1985 dollars, a 14% decline from the previous year. Among the reasons: the winding down of regional conflicts like the Iran-Iraq war, reduced oil prices and fewer petrodollars for military customers in the Middle East, and a falloff in Third World purchasing power caused by high debt levels...
...order of 1981 or '82, that could be a real problem." Consumer debt has increased from $1.7 trillion to $3.3 trillion since the expansion began in late 1982. If Americans cut back abruptly on their spending, the effects would ripple through the economy. Businesses would respond to the sales falloff by reducing their own spending and laying off workers, which would spark a further drop in consumer spending...
...less than two decades old. The first coin- operated video game -- a rather drab, black-and-white job called Computer Space -- was introduced in 1971, to a notably tepid reception. Since then, arcades have seen a parade of breakthrough hits, technological advances, a boom period and then a falloff in popularity. Enough has happened, in short, for the American Museum of the Moving Image to assemble a collection of nearly 50 classic video games and call it historical scholarship. The exhibit, Hot Circuits: A Video Arcade, complete with earnest musings on the sociology of it all, can be seen through...
Maurice Saatchi attributed the setback to a falloff in the firm's consulting business, along with a decline in U.S. advertising spending. But many investors suspect that the British firm's overall strategy of pell-mell growth, including the takeover of the Ted Bates Worldwide agency for $450 million in 1986, may have created an unmanageable corporate sprawl. After many of Saatchi & Saatchi's takeovers, the acquired firms have lost both executives and clients. Last week's announcement suggests that for Saatchi & Saatchi, building an empire was easier than ruling...
...together coalitions combining virtually all black voters with about one-fifth of whites. But that coalition broke apart last week as 91% of whites opted for Daley and 94% of blacks cast their ballots for Sawyer. Turnout was a ho-hum 64.5% (compared with 74% in 1987), and the falloff in black districts was an especially sharp...