Word: growth
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Dates: during 1980-1989
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Like a champion motorcycle racer, the U.S. economy has managed to keep going under the toughest of conditions. Now in its 65th month, the current period of growth is the longest peacetime expansion in U.S. history. By contrast, the typical expansion of the post-World War II era has lasted 24 to 45 months. Only during the 1960s, when Viet Nam War spending spurred the economy, did a growth cycle last longer -- 106 months -- than the current...
...survive one hazard after another. Even the worst stock-market crash in history, the 508- point drop in the Dow Jones industrial average last Oct. 19, failed to throw the economy off course. The expansion's resilience has prompted economists to ask some searching questions: What is keeping growth going? Is the traditional business cycle a thing of the past...
Ordinarily, this gene--and other tumor suppressing genes like it--"act as guardian genes," preventing tumor growth, Seizinger said. When something happens to disturb the function of these genes--such as a mutation--they produces defective proteins and tumors may result...
Seizinger said he hopes in the future to isolate the protein product of the VHL gene and understand exactly how the gene and its products suppress tumor growth. Then "you might be able to design drugs that interfere with the defective molecules," and stop the growth of tumors...
...study cites lagging income growth, high real interest rates and sharp inflation in the late 1970s as major causes of the housing crunch...