Word: slowdown
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While most other major businesses were still limping toward recovery from the 1970 recession, the $55 billion housing industry was well into a boom that has all but sent U.S. home builders through their own roofs. Many contractors and economists have expected a slowdown for more than a year. In fact, well aware that the inevitable down cycle would come with a crash if it did not come gradually, they have grown increasingly concerned about the fact that the level of new construction stayed so high so long. Recently the Commerce Department considerably eased their worries. It published housing figures...
...jobless rates among various population groups has hardly changed at all since, say, April 1965 -indicating that the nation has made dishearteningly little progress including blacks, women and youths in productive jobs even in a flat-out boom. And as the boom gives way to an inevitable 1974 slowdown, unemployment rates could well climb next year from the present unsatisfactory level...
...Radcliffe, the training slowdown brought on by exams is the greatest problem at the moment. Since the Sprints, the 'Cliffe has been taking it relatively easy. Now, with the biggest race of the year looming in less than two weeks, the question is can the 'Cliffe bounce back from exam-period inactivity...
...counterproposal to ITT Senior Vice President Edward Gerrity Jr. Broe said that he discussed with Gerrity "the feasibility of possible actions by U.S. companies designed to create or accelerate economic instability in Chile." Broe mentioned such measures as the cancellation of credit lines to Chile by American banks, a slowdown in delivery of machinery spare parts, action to force savings and loan institutions to close down, and the withdrawal of technical assistance. Broe gave Gerrity a list of American companies that might help in such a plan, "providing the economic course was feasible." Gerrity said that he was opposed...
...sophomores, including guard Eddie Morris and center Phil Brown, and has succeeded in getting his outfit to play disciplined basketball. His squad executed an excellent stall during last Saturday's 65-60 win, which left the Crimson bewildered. Harrison said after the game that Harvard was unprepared for the slowdown and had better make some adjustments this week...