Word: growth
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Dates: during 1980-1989
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...astounding growth of Corona Extra beer, a Mexico City brew with a cult following that has made it the No. 2 imported brand in the U.S., apparently has provoked envious wholesalers of rival brands to resort to some below-the- beer-belly tactics. Last week one of Corona's U.S. importers, Barton Beers, revealed that suds fans in the West and Midwest have been shaken by a rumor that the brand is contaminated with urine. Barton's managers thought they had stopped up the source of the malicious tale last month, when they settled a suit against a Reno-based...
...obstacles, most notably the weak dollar. While Britain, Italy and Spain are still moving forward at a relatively brisk rate, such countries as West Germany, France and Sweden are faltering. And just as climbers roped together for safety can progress only at the pace of the slowest team member, growth is now being threatened by the economic laggards...
...picture that emerged from a meeting last month of TIME's European Board of Economists, held at Interlaken, in the shadow of the Swiss Alps. If all goes well, the economists said, Europe's five-year-old expansion could last at least through 1988 and the average growth rate of the major nations could be maintained in the current 2.5% range. TIME's board acknowledged, though, that dangers are looming and that pessimism is on the rise in Europe. Said Board Member Hans Mast, senior economic adviser to the Credit Suisse First Boston investment bank: "In today's climate...
...told, the growth of individual participation in the market should come as a welcome trend for corporate America. The tendency of private investors to put their money on the line for relatively long periods of time is a desirable counterweight to the fickleness of Wall Street money managers, whose what- have-you-done-for-me-lately attitude has long bedeviled corporate managers. Average investors tend to be more patient in waiting for results. Fortunately, their patience is not exactly being put to a test these days...
...short-sleeve shirts, Dukakis offers the Democrats neither charisma nor quixotic causes. Instead, he is running as the Lee Iacocca of state government: the Governor who brought the Massachusetts economy back from the dead. True, a Harvard study concluded that, at most, state government "may have helped sustain the growth once it began." And even Frank Keefe, Dukakis' secretary of administration and finance, claims only that the Governor's policies are responsible for 20% of the drop in state unemployment...