Word: gloom
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...coasts. The authors of The Bi-Coastal Economy managed to make it look that way only by excluding from the ranks of "coastal" states timber- producing Washington and Oregon and steel-dependent Pennsylvania (which lacks a coastline but is considered part of the Mid-Atlantic region). Nor is all gloom in the heartland. Michigan, one of the most depressed states a few years ago, has achieved a remarkable turnaround, thanks to heavy spending by the auto companies to battle import competition and successful efforts to attract electronics and other high-tech industries...
...Jersey, he and his brother Laurence built a $7 billiona-year conglomerate. Tisch's mandate at the Postal Service will be to cut costs without alienating labor or losing an edge to increasingly competitive and technologically innovative private industry. Not an easy task, never mind snow, rain, heat or gloom of night...
There is no gloom at Kleinfeld's, however, or anywhere else in the wedding industry. Everyone, in fact, seems downright delirious--from the usual near- frantic nuptial logistics and from unconcealed fiscal rapture. In 1985, according to Bride's magazine, which takes proprietary pride in such things, the industry raked in $10.9 billion (including money spent on gifts and other wedding bounty), up 43% in the past decade. Manhattan's swank Pierre Hotel has seen a 20% increase in its wedding business over the past five years. Many couples are opting for "weekend weddings": multi-event affairs that stretch...
Amid the deepest gloom since three Apollo astronauts died in a gruesome launch-pad fire at the cape in 1967, the U.S. space program has been forced into a long-needed reassessment of its goals and the means to reach them. Not since President John F. Kennedy insisted, just 25 years ago last month, that America should place astronauts on the moon within ten years have national leaders concurred on what the U.S. should be doing in space. "That was the last presidential policy for space," contends former NASA Administrator Thomas Paine, who now chairs a Reagan-appointed National Commission...
...mystique of Texas. Observes Historian Joe Frantz: "Texans are not like the Yankee who puts his money in the bank and collects compounded interest. We take risks. And when it doesn't pan out, we don't blame a man. Going broke is not an occasion for gloom. It just means you're short on cash." But as State Treasurer Ann Richards says, "This is the first time I know of that everything hit at once...