Word: slow
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Dates: during 2000-2009
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...sales rose only 1.3%. Scott Krugman, NRF spokesman and vice president, says the dismal forecast should surprise no one. "It is surprising that we had a year's worth of bank consolidations on Wall Street in a week, but low consumer confidence isn't," Krugman says. "This was a slow downward progression throughout the year as far as retailers were concerned...
Even hints from Federal Reserve Chairman Ben Bernanke, testifying on Capital Hill today, of a possible rate cut did not help. His prognosis that slow growth in the American economy, not inflation, is now the Reserve's primary concern only added bad news to a day that included fallout from yesterday's after-hours Bank of America announcement that it will need to cut its dividend and raise $10 billion in capital. The bank, which has acquired Countrywide Financial and plans to do the same with Merrill Lynch, dropped almost 25% on the announcement. Morgan Stanley shares also plummeted...
...factors now present in the economy affect popular thinking as well: energy costs, inflation, credit markets and job availability. Thus, the spectacle of Monday's roller-coaster ride on Wall Street may be just one more push toward the point when Americans start to pocket their wallets and thus slow down the economy drastically. When the stock market crashed in 1987, for example, consumer confidence fell but then quickly recovered, helping the U.S. to dodge a possible recession. It was different in 1991, when rising oil prices added to emerging consumer worries and thus stalled the U.S. economy...
...critically endangered greater bamboo lemur, however, is far from alone. Thanks to deforestation, expanding human settlements, hunting and the slow burn of climate change, more mammals may be endangered today than ever before. According to a worldwide assessment overseen by the International Union for the Conservation of Nature (IUCN) and published Oct. 6 in Science, an estimated one out of four mammals is threatened with extinction. The populations of about half the 5,487 known species of mammals in the world, on land and in the water, are dwindling each year. "Our results paint a bleak picture of the global...
...slow descent into the Looking Glass land that hurricanes create begins just south of Houston along Interstate Highway 45, the road to Galveston Island. The first odd note is the number of blown out billboards and signs. The gold has gone from the Golden Arches, the toll-free phone number on the billboard for the class action law firm has been torn and tossed to the wind. Then the blue tarps begin to appear, stretched taut over the rooftops of strip malls and apartment buildings...