Word: northeasterly
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Dates: during 1990-1999
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...Houston, gone are the bad-old-days of the mid-1980s when U-Haul trucks streamed out of town as unemployment rose above 12%. A combination of stable oil prices and the arrival of new businesses has sparked a rebound in Houston home values. At the same time, Northeast housing prices are sinking and the explosive growth of California home prices has begun to cool...
...Northeast: Down at the Heels. From Boston's high-tech wizardry to Wall Street's takeover deals, the Northeast was on a roll during most of the Roaring '80s. But Wall Street launched a series of layoffs after the 1987 crash and the Massachusetts minicomputer industry went into a spin. The double whammy left the region with a glut of unsold houses and banks with billion- dollar portfolios of bad loans. The Massachusetts economy, which grew more than 7% in 1984, shrank about 1% last year...
Petroleum and heating-oil traders were equally bullish. The price of home heating oil for January delivery rose to a 3-year high of more than $1 per gal. in the futures market. Retail prices are soaring. In parts of the . Northeast, consumers are paying as much as $1.40 for a gallon of home heating oil, up more than 40 cents in three weeks...