Word: peake
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Dates: during 1970-1979
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...NUMBER of confirmed radicals here probably hovers somewhere around 200--perhaps half what it was at the peak of the 1969-70 activism. Though smaller, this number is still large enough to provide the initial spark for successful activist campaigns. Moreover, most of the Harvard left is centralized in the New American Movement, a group which eschews the fanatic factionalism of the most recent incarnation of SDS. Organizationally, the left is stronger than it has been since 1970. NAM conducted a wide range of activities this year, including support for the United Farmworkers lettuce boycott, a petition campaign against Harvard...
Actual housing starts in April fell back to an annual rate of 2,100,000, down about 16% from their peak of 2,500,000 in January. The number of new building permits issued across the nation-an indicator of how many starts will be recorded in future months -took an even sharper fall of 18%, to an annual rate of 1,800,000 units (see chart). That was the biggest monthly drop since the Government began tabulating figures on permits more than 80 years ago. "The widely predicted end of the housing boom of 1971-72 has finally arrived...
...irony of horse racing that its champions-unlike any other great athletes-are worth more after they retire than at the peak of their form. When they retire they go to stud, which means that they are mated to 30 or 35 high-class mares every spring, in the hope that they will reproduce their own good qualities in their offspring...
Still, the board generally agreed on the picture for the rest of 1973: sheer momentum will propel the gross national product to a new peak of roughly $1,282 billion, a gain of $130 billion from 1972. Last week boom euphoria even lifted the battered stock market; the Dow Jones industrial average leaped 29 points on Thursday, its biggest one-day jump in 21 months. The rise partly reflected news that U.S. international trade has swung back into surplus...
...enjoys a nightmare situation," says a Dallas associate-and that is exactly what Perot has found on Wall Street. Though the stock market last week rebounded from a four-month tail spin, prices as measured by the Dow Jones industrial average have still fallen 15% from their mid-January peak...