Word: shrunk
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...prices. So for the first 11 months of 2008, GM's sales have fallen 21.9%. While that is comparable to Ford and Chrysler (down 20.6% and 27.7% respectively), it's far worse than Asian competitors. Toyota is down 13.4% this year, Honda has declined just 5.4%, and Nissan has shrunk by 9.1%. They will be far better positioned to rebound once the market recovers...
...true that shoppers intend to spend a larger share of their holiday dollars online this year, with 36% of consumers saying they will spend half their shopping budget on the Web, up from 32% last year, according to a Nielsen Online survey. But overall budgets have shrunk, as tapped-out consumers have grown increasingly anxious about the economy. As a result, people are trading down in the stores they frequent and the number of items they buy. Case in point: the most popular product seen on BlackFriday.info's shopping lists was Wal-Mart's Batman and Spider-Man pajama sets...
...student activism that had been spurred by the death of Martin Luther King Jr. in 1968. Since then, the department has been home to a number of leading intellectuals, such as Henry Louis Gate, Jr. and Cornel R. West. But over the past ten years the Af-Am faculty shrunk to bare bones after University President Laurence H. Summer’s contentious tenure spurred the departure of five prominent scholars...
...Germany's Federal Statistical Office reported that Europe's largest economy had shrunk by half a percentage point in the third quarter, following a 0.4% decline the previous period. The UK revealed a 0.5% slide in GNP over the past three months, while Spain and Italy showed similar contractions. The one small bright spot on the map was France's unexpected 0.14% growth - fueled, just as surprisingly, by a 0.2% rise in consumer spending, and a 0.3% jump in investment outlays by businesses...
...Huebner of Orlando says he has had a number of agents in the past year who have lost their houses to foreclosure. Many, too, have just decided to leave the business. In the past two years, the ranks of agents in his offices have shrunk to 130 from a high of 170. The slower market of the past two years has also forced him to cut costs. He closed one of his four offices and eliminated most his print advertising. In order to survive, Huebner says many of remaining brokers have changed what they do. They have gotten...