Word: quarters
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Dates: during 1970-1979
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Officially, the National Economic Plan was 99.7% fulfilled in the first quarter, but that figure is misleading. The Statistical Administration listed the output of 57 products that are basic to the Soviet economy, and 23 were down from the same period in 1978. Such industrial necessities as steel, chemicals, fertilizer, cement, nonferrous metals and forest products were below last year's production levels; such dietary staples as milk, vegetable oil and butter were also produced in smaller quantities...
Last week the industry's critics got some powerful new ammunition. Fifteen of the nation's largest oil companies released first-quarter profit figures, and they showed an acceleration of the winter-long earnings surge. Included in the group were six of the so-called Seven Sisters,* the richest and most powerful oil companies in the world, which, more so than their smaller competitors, have huge investments in all four aspects of the business: drilling, transporting, refining and marketing...
...longest in peacetime history, the U.S. economy is throwing off conflicting signals of whether it is speeding up or slowing down. Largely because inflation-pinched consumers are reducing some spending, the output of goods and services grew at a paltry 0.7% annual rate in this year's first quarter, way down from almost 7% in last year's final quarter. Yet a batch of fairly robust statistics indicates that there was a rebound in March, and that is causing a significant split in the Carter Administration over what policy to pursue...
After moving out quickly to a length-and-a-half lead with a 36 stroke-per-minute cadence, the crew settled at 34, then finished with a burst to seal the two-and-a-quarter-length win and the record...
Juniors Boota deButts and Bob Thomas dodged for three goals each to lead all Princeton scorers. Thomas scored the game-winner at 6:54 of the fourth quarter, slipping past Harvard defenseman Frank Prezioso. After Harvard's Mike Faught made it 10-9, Princeton's Peter Matthews iced the win by cutting past Matt...