Word: offsets
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Dates: during 1990-1999
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...combustion engine, a new kind of automobile is on the way. Several major auto manufacturers are designing hybrid electric cars that have twice the fuel economy and half the carbon-dioxide emissions of today's vehicles. The sticker price is admittedly a few thousand dollars higher but is largely offset by lower fuel bills. Toyota plans to bring the first such car to the market in Japan this week, and other carmakers will soon follow suit (see following story...
...greatly exaggerated reaction," in the words of Robert Hormats, vice chairman of Goldman Sachs International, the turmoil will hurt American exports and the profits of U.S. companies heavily invested there. But strong growth at home and in other big U.S. markets--Canada, Mexico and Europe--should offset much of the damage...
Production will grow more slowly, says Zimmerman, in part because "we're running out of labor." The shortage will also push up wages. Weinberg hopes that much of the increase can be offset by higher productivity resulting from the heavy business investment of recent years (business spending on new plant and equipment has been shooting up 18% a year). Nonetheless, prices will be forced up at a slightly faster rate than...
Although most phone cards advertise low per-minute rates, the savings are almost always offset by per-call fees that range from 70 to 95 cents...
Rates may fall when the local phone companies start charging long-distance vendors on a per-line rather than per-minute basis, but the expansion of the Universal Service Fund may more than offset any savings for customers...