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...year slump to record the biggest box-office grosses in its history, the story was front-page news and real tinsel was flying from every flagpole in Bel Air. This summer the lines outside movie theaters are even longer, but nobody seems to be shouting. The industry appears so robust that its latest gains are almost unremarkable. According to Variety, ticket sales were up 10.5% for the month of July, and about 9% for the year so far, over comparable 1982 figures...

Author: /time Magazine | Title: Cinema: Hot Summer II | 8/29/1983 | See Source »

...1950s Japan could boast not only a robust film industry but also a vibrant national cinema, with three directors-Kenji Mizoguchi, Yasujiro Ozu and Akira Kurosawa-who could be counted among the handful of film-making giants. Mizoguchi died in 1956, Ozu in 1963, and no younger director has since achieved nearly their stature. As for Kurosawa, he has been able to realize only three films since 1965-all outside the studio system-and in 1971, frustrated by the industry's intransigence, attempted suicide. His latest project, a retelling of King Lear set in medieval Japan, was recently postponed...

Author: /time Magazine | Title: Cinema: Stirrings amid Stagnation | 8/1/1983 | See Source »

Some 4.2 million U.S. visitors are expected in Europe this year, and that's a record. It is not only the robust buck that propels this amicable invasion. Most goods and services in Europe come cheaper this summer because many governments have devalued their currencies. In addition, Americans appear to have increasing faith in their economy. For example, schoolteachers, who traditionally account for an important part of Arthur Frommer Holidays business, are traveling in large numbers again. Connie Sykes, Frommer's general manager, explains: "Either they've decided they will continue to be employed or they...

Author: /time Magazine | Title: Americans Everywhere | 7/25/1983 | See Source »

Suddenly, things are looking up, way up. During the last ten days of June, Ford registered a robust 76.8% increase in sales over the same period in 1982. The whole U.S. auto industry was whipping along in the fast lane during that time, in fact, with a pickup of 58.7%, and sales for the entire month were up 48% over June 1982. But Ford clearly outdistanced the pack...

Author: /time Magazine | Title: Ford Zooms into the Fast Lane | 7/18/1983 | See Source »

...that the White House forecast in January. "The odds are," said Feldstein, "that [the recovery] is going to continue into next year and beyond." The business community was equally elated. Said Jack Albertine, president of the American Business Conference, an organization of medium-size companies: "This is the most robust recovery this economy has seen since the early 1960s...

Author: /time Magazine | Title: Showing Some Real Muscle | 7/4/1983 | See Source »

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