Word: lag
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...them consumed an elapsed time of only 27 hours, which helped keep his absence from Washington less visible. To minimize the effects of the time lag, Kissinger kept his watch set on Washington time. Several of his trips were timed, perhaps only coincidentally, with big news events that diverted the attention of the White House press corps, such as one on Aug. 15, when Nixon announced the wage-price freeze...
...police, led by Frank Lovejoy, are firm of jaw but slow of wit, and lag far behind the audience in solving the transparent mystery. But no matter. Time makes this hokum endearing. Director Andre de Toth comes up with several chilling images-for instance, the faces of the wax effigies being put to flame and melting into mush-and keeps the action moving briskly along its hopelessly illogical course...
HOUSING STARTS, which hit a record 2.2 million last year, will slip back to 2,000,000 or a bit less; last year's rate was simply too fast to be sustained. But housing completions, which lag six months or more behind starts, will rise to a record 2.1 million this year from 1.7 million last year, and the money spent on new housing will grow 17.5% to $47.7 billion. Moreover, the Americans moving into all these new houses and apartments will have to furnish them. The 1971 housing-start record practically guarantees banner sales this year for makers...
Second Half Lag...
...than good," he said. His speculation was hardly based on the latest economic indicators. Last week the Federal Reserve Board reported that the nation's industrial output in August fell .8% to its lowest point this year -105.1% of the 1967 base. Much of the decline reflected a lag in steel orders caused by stockpiling during the industry's contract negotiations earlier this year. The production figure probably was not influenced by the President's Aug. 15 speech at all, but another key indicator-which should have been-may also be lagging. The Conference Board, a research...