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...month before, it still marks the longest consecutive decline since the 1991 recession. That followed news that after 21Ú2 years of steady and sometimes spectacular growth, the U.S. economy lost 101,000 jobs in May. The month before witnessed the third decline in a row in the index of leading economic indicators, which is used to forecast economic conditions six to nine months from now-when Campaign '96 will be well under way. "This is a pretty sizable slowdown," observes economist Victor Zarnowitz of Columbia University. "In many ways it resembles past slowdowns that have become recessions...

Author: /time Magazine | Title: IS THAT SOMETHING IN THE AIR A RECESSION? | 6/26/1995 | See Source »

...product for the first quarter of this year rose at an annual rate of 2.7%, down sharply from the previous quarter's 5.1% growth; orders to U.S. factories plunged 1.9% in April, and sales of new homes dipped 2.7%; business payrolls dropped by 101,000 in May; and the index of leading economic indicators fell for the third straight month, declining 0.6% in April...

Author: /time Magazine | Title: THE WEEK: MAY 28-JUNE 3 | 6/12/1995 | See Source »

...Rudenstine has not testified in front of Congress during his four years as president, according to the Congressional CIS index. Bok testified eight times during his presidency, but only once in his first seven years in office...

Author: By Todd F. Braunstein, | Title: Is Rudenstine's A National Voice? | 6/8/1995 | See Source »

Last year the endowment grew by 9.8 percent andsignificantly outperformed the benchmark Standardand Poor's 500 Index by about eight points...

Author: By Jonathan N. Axelrod, | Title: Managers Get Record Earnings | 6/8/1995 | See Source »

...poison-gas attack, I noticed on my arrival at the building that his stand was closed and flowers and gifts had been left there. I was told he had been killed in the subway disaster. To my surprise, when I picked up my copy of Time, on your index page I saw a picture of Watanabe lying on the subway platform. To say the least, I was saddened. Thank you for acknowledging his death. He as well as others who died in this meaningless display of violence will be greatly missed...

Author: /time Magazine | Title: Letters, Apr. 24, 1995 | 4/24/1995 | See Source »

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