Word: ratings
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Dates: during 1970-1979
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...they will have to pay much more for oil-related goods and services as varied as food and rents (tractors and furnaces burn fuel). So consumers will be obliged to buy less of almost everything else, notably cars, appliances and other durable goods. Squeezed by tight money, the construction rate of new homes and apartments could go as low as 1.2 million by March. As demand wanes, businessmen will further reduce production and inventories. But by late fall or early winter, their shelves and warehouses will be fairly empty, and they will have to stock up with new orders. This...
...Alaska, where thinking hard to stay warm can be a requirement for survival, 258 residents?one out of every 2,000 souls, a rate higher than anywhere else in the U.S.?submitted ideas to a Department of Energy small grants program. Elizabeth Hart of Galena won $13,800 to build a solar greenhouse that will use the body heat of chickens as a source of warmth. R. Charles Vowell of Unalaska got $12,000 for a 10,000-gal. bio-gas generator that uses crab wastes from canneries to produce a burnable methane. Craig Anderson of Kenny Lake received...
...them with installation. Insulated window shades, made of a multilayered quilt of polyester and aluminized plastic, are a fancier and costlier option at $60 to $100 per window. For those who can afford to wait out winter in bed, down comforters-selling at four times last year's rate -and electric blankets are recommended. Macy's 15 New York City area stores now offer an array of such items in specialized boutiques aptly known as "65° shops...
...nine months after the new employee-owned company, Republic Hose Manufacturing Corp., took over the one-story plant, productivity is up 40%, and the rate of rejected products has dropped from 8% to 1%. The firm, which today employs 130, estimates that for its first complete fiscal year it will earn a pretax profit of up to $600,000 on revenues of $7 million; that is less than the approximately $12 million in revenues of Aeroquip's final year but at least double the new owners' initial projections...
Egypt's domestic economy is a mess. Despite a growth rate of about 8% this year, the bulk of the country's 40 million people remain desperately poor, with an average income of under $300 (vs. $2,700 for Israel). In the past year, thousands of peasants have abandoned the land to jam into the already swollen cities in hope of sharing in a peace-bred boom. Thus unemployment is soaring at a time when inflation is hovering above...