Word: slowdown
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History of Art and Architecture professor Jeffrey F. Hamburger suggested that pushing the Allston project back could protect more immediate academic priorities, comparing such a slowdown to “providing major surgery in one area, preventing us from having to bleed the whole body...
...senior research fellow at the University of South Australia who specializes in casino marketing and Chinese gaming. He says the current stumbling blocks may force Macau to address some of the economic and social problems that have started to fester beneath those glowing numbers. "On a whole, [the slowdown] is good for Macau," he says. "It was going too fast." Since 2003, gaming revenue has increased by an average of 30% per year, eclipsing that of the Las Vegas Strip by 2006. With 54% of GDP in 2007 coming from gaming, Macau has become somewhat of a one-trick pony...
...resourcefulness seems to be paying off. As CforC enters its second year, Butler says, its business plan is on track, despite the economic slowdown. Memo to team members: Better keep your boots handy...
...Davy, a Dublin-based brokerage, "Ireland, as a small economy, will rely on trade to generate increases in living standards. We need to get back to that. We lost sight of it." That won't be easy, as long as major trading partners are themselves caught up in the slowdown; the U.S., for instance, buys roughly a fifth of Ireland's exports. It'll take some time, too, for exporters to redeploy resources such as labor freed by the housing slowdown...
...Prior to the economic slowdown, we were prospering," says Jason Hart, president of Aldi U.S., based in Batavia, Ill. And now? "We're certainly getting a lot more attention." The privately held company generated an estimated $5.8 billion in U.S. sales last year, up from $5.3 billion in 2006, according to trade journal Supermarket News. Aldi now has about 950 stores in 29 states and plans to open more than 100 stores in the next two years in Connecticut, Missouri and Texas...