Word: slowdown
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
WITH the boom still picking up speed, most U.S. economists have stopped worrying about the present, started looking into the future to answer a prime question: When will the U.S. have another recession? They have little doubt that a slowdown will come. "One of the outstanding facts of the postwar economy is the re-emergence of the classic business cycle," says Presidential Economic Adviser Don Paarlberg. Other economists throughout the land are in surprising agreement that business will boom into 1960, slump somewhat...
...Cuba's 2,300,000-man labor force-roughly one-third-are without work. With the sugar cut and milled, 200,000 seasonally employed cane cutters and millworkers will join the 400,000 Cubans chronically unemployed and the 160,000 workers made jobless by the construction slowdown. Says a Havana businessman: "The country is going broke in a hell of a hurry." Said a sugar broker: "Cuba is being reduced from a first-rate nation with a sound peso to a third-rate nation...
...Neil McElroy, courteous, forceful Donald Quarles made enemies. He refused to favor old Air Force friends, chopped their budget as severely as the Army's and Navy's. From Quarles's office came the orders for cutbacks and stretch-outs in defense contracts, for a slowdown on wild-blue-yonder research, for an end to competitive missile programs-all to keep the Defense budget within bounds while the U.S. maintained a weapons "sufficiency...
...Slowdown. As the gilded cone climbed through the earth's weakening gravitational field, it slowed down. Nineteen hours after launch, it was 190,000 miles from the earth's surface and moving at 4,700 m.p.h. Forty-one hours after launch, it passed the moon's orbit and plunged into translunar space, still moving at 4,525 m.p.h...
...judge the constantly changing, increasingly complex U.S. economy solely by G.N.P. is also a risky business. Much of the slowdown in the rate of gain between 1952 and 1958 can be attributed to slowing in industrial production of hard goods. But consumers bought so many other things that the volume of consumer buying kept growing an average 3.5% annually, well above the 3% "norm." The continuing consumer demand means that production-and thus G.N.P.-must take another jump...