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...ensure that the U.S. will not have a recession soon." Nonetheless, a slowdown in growth is probably inevitable. Many businesses overestimated what their summer sales would be and built up excess inventories. Companies will now moderate their production to get inventories more in line with sales. Data Resources, the Lexington, Mass., consulting firm, predicts that G.N.P growth will slow to a 1% pace by the middle of 1985, but then pick up again. For all of next year, Data Resources expects growth to average 2.7%. That is lower than the 4%-to-6% range often achieved in the 1960s...

Author: /time Magazine | Title: The Pause That Refreshes? | 10/29/1984 | See Source »

...step up to the $250 window and bet a bundle at Keeneland, the racecourse in Lexington, Ky. Nor did she twirl any lariats when she visited a splendid cowboy supply shop in Sheridan, Wyo. (pop. 15,146), or shout "Yippee-yi-o-ay-yay" at her home away from home on the range. Nonetheless, to the eager people who got a glimpse of Elizabeth II, Queen of the United Kingdom and Defender of the Faith, during her trip through the American heartland last week, her mere presence was showy enough. "She's approachable," marveled Bud Precise, a Methodist minister...

Author: /time Magazine | Title: A Horsey Holiday for Her Majesty | 10/22/1984 | See Source »

...even her brief forays into public view made grown men gush. "She's got the whole world to go to," exclaimed Lexington Mayor Scotty Baesler, who greeted the Royal Air Force VC10 at the airport, "and she's coming to Lexington!" Ever a Briton, the Queen carried her own black brolly through the drizzle and immediately decamped to Lane's End Farm, the 1,400-acre estate of her host, Horse Breeder William Parish III. A Humble Oil heir, Parish met the Queen while in England for a polo match. Indeed, the theme of the trip...

Author: /time Magazine | Title: A Horsey Holiday for Her Majesty | 10/22/1984 | See Source »

Wednesday the Lexington, Mass. native ignored her new-found B.C. friends and concentrated instead on getting to know the back of the Eagle...

Author: By Nick Wurf, | Title: Kelly Landry: Going Ape | 10/12/1984 | See Source »

...Lexington...

Author: /time Magazine | Title: Letters: Oct. 8, 1984 | 10/8/1984 | See Source »

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