Word: sags
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Cheerful voices pointed out that the heavy sag in employment from October to November-1,132,000-was largely the result of unusually wet, wintry weather that cut more than seasonally deep into farm employment. But with the steel industry operating at 69% of capacity, down from 102% a year ago, the U.S. Chamber of Commerce's Economic Research Director Emerson P. Schmidt predicted that 1958 would very likely see a recession "at least as severe...
...Philosophy. During his early days at Kansas, The Stilt scored astronomically, but he proved to be stoppable. In the finals of the N.C.A.A. championship, North Carolina tied up Kansas by letting four men sag all over The Stilt, and won the game, 54-53-As demonstrated in the Palestra, the rest of the Kansas team is capable of practicing a new philosophy: each does his share of scoring, instead of feeding Wilt. So it is no longer good play for any club to collapse its defense on Wilt; the Jayhawkers have some outside shooters who are too dangerous...
...people are too uncertain to spend dough." The U.S. public seemed more worried about the economy than during the 1953-54 recession. Consumers are deeper in than they were in 1954, more troubled about the cold war, less confident about the Eisenhower Administration, so they find signs of sag more worrisome. The mood of grey caution took some of the cheer away from what a few months ago would have seemed very good news: Secretary of Labor James P. Mitchell declared that "the persistent rise [in consumer prices] has ended," and the Bureau of Labor Statistics followed up by announcing...
...though its initial alarmist handling of the crisis had set off a hysterical rush for Arab "solidarity" with Syria, might yet emerge ahead. It had failed to halt Syria's sag toward Russia. But the Arabs had been plainly scared by the behavior of the nation they had invited into the Middle East. "Positive neutrality" did not look so attractive. Syria had provided a humiliating demonstration of the penalties of flirting with Russia. Distaste for Russia's performance made Arabs more sympathetic...
...austere measures (tightened credit, a ceiling on investment) were beginning to take effect. As he had planned, the pulse of the economy beat slower. The London stock market dipped to a three-year low. Bankers advised clients to postpone expansion plans. In some industries production had already begun to sag. Last week Thorneycroft slashed government investment still further by cutting back allocations for nuclear power plants, modernization of railroads and slum clearance...