Word: rebounding
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Dates: during 1980-1989
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...haphazard play led to the Crimson's final goal of the afternoon. Four minutes into the second half, Sophomore Fullback Martin Sabelli dribbled out of the defense completely unchallenged and blasted a 35-yard rocket that bent the Engineer's crossbar. Ayraut picked up the rebound in a crowded penalty box, but was sandwiched by three MIT defenders. The ball squirted out of the goalmouth pack and a hovering Berkman jammed it into the twines from eight yards...
...highs or slumping to new lows. Last week the rattled and schizoid market seemed to be trying to do both. It was a nerve-testing five days of reversals and price swings that first stirred and then frustrated investor hopes for the market's much anticipated summertime rebound...
Business leaders in the community generally predict that the economy will rebound in the near future, allowing businesses to occupy these revitalization sites. "The city is bursting at the seams," says Barbara Sullivan of the Cambridge Chamber of Commerce. "You can only hold back development for so long," she adds John Conally, executive director of the Private Industry Council, which works with CETA officials to locate private sector jobs, says. "I believe the upturn will happen shortly. If the government program [to improve the economy] doesn't do it, business will take the bull by the horns...
American retailers wish there were a lot more people like Patricia Goodson around these days. Such a free-spending attitude would help lift the economy from the painful recession that has gripped the U.S. since last July. Economists agree that the consumer is the most important factor behind the rebound that many expect to start in the summer. Says Robert Ortner, chief economist for the Commerce Department: "The consumer is going to have to bring us out of this recession. The other major sectors of the economy aren't going to contribute much, if anything...
...figures stirred hopes that the auto industry, which has lost nearly $6 billion since 1979 and laid off roughly 250,000 workers, may be poised, at last, for a rebound. Says General Motors Vice Chairman Howard Kehrl: "The market seems to have strength again." Chrysler Chairman Lee lacocca believes his slimmed-down company may be able to turn a profit of close to $100 million in the April-June quarter, compared with an operating loss of $89 million in the first three months of the year...