Word: rising
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
These increases have stunned benefits managers, who believed health costs were finally starting to moderate. After all, medical care inflation, which was running at double-digit levels in the early 1980s, was just 5.8% last year. That was not much more than the 4.4% rise in the Consumer Price Index...
President Reagan seems able to find encouragement in the trade figures no matter which way they are moving. After Friday's news, Reagan said the rise in exports showed that "our competitive position in the world is steadily improving." That was a bit at odds with a comment he had made four days earlier, when he called the deficit with other nations a "sign of strength" because "our growing economy enables us to buy their goods." This rationalization provoked ridicule from Democratic critics. Congressman Richard Gephardt of Missouri, a champion of fair trade and a presidential candidate, labeled Reagan...
...goes lower, its 50% decline against major currencies since early 1985 has started to work wonders for American exporters, who have watched their products become progressively cheaper to foreign buyers. U.S. exports were an estimated $251 billion last year, up nearly 15% from 1985, and most economists expect the rise to continue. Jason Benderley, a senior economist at the Goldman, Sachs investment firm, predicts that if the dollar stays at its current level, overseas shipments could grow by as much as 15% a year through 1991. If imports level off or decline, the trade deficit could finally start to shrink...
...rise to power marked a historic turning point for Taiwan. For the first time since Chiang Kai-shek led his defeated Nationalist troops there in 1949, the Taipei government will be led by one of the native Taiwanese, who make up 80% of the total population of 20 million. Lee, 65, was born to a family of rice and tea farmers on the island's north coast. A devout Presbyterian who speaks English fluently, he was educated in Kyoto, Japan, and earned a Ph.D. in agricultural economics from Cornell in 1968. Lee joined the Cabinet as a Minister Without Portfolio...
...month, the country can no longer claim to offer cheap labor by Asian standards, yet it has been slow to invest in higher- technology fields. Exports of textiles, a key industry, last year grew by an impressive 23%. But other sectors have been hurt by a 40% rise since late 1985 in the value of the New Taiwan dollar against the U.S. greenback, which has increased the price of the island's products in many overseas markets...