Word: slowdowns
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Dates: during 1960-1969
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...workers were idled. When two car bodies came off the Jaguar line poorly polished and were sent back to be redone, polishers said no, and Jaguar was shut down for four weeks. Nor is the auto industry unique. Last week thousands of London commuters were fuming over a railroad slowdown called against the union leader's orders...
...said that local authorities were cooperating "almost 100%" in Georgia and Alabama, but were still resisting in some parts of Mississippi and Louisiana. But even a hint of federal intervention was often enough to make local registrars see the light. In Mississippi's Lauderdale County, where a calculated slowdown limited Negro registration to under 80 a day, a pair of Justice Department agents came by for a look in response to N.A.A.C.P. complaints. As if by magic, Lauderdale's registrars enrolled 300 Negroes in that one day, and have been accepting applicants at the higher rate ever since...
...JAPAN. What expansion-minded businessmen regard as a recession would be a boom anywhere else: the economy is still growing at about 7% a year. Prime Minister Eisaku Sato calls the Japanese slowdown "an adjustive stage after years of phenomenal growth," predicts an upsurge soon. Main problem: too many companies are deep in debt, vulnerable to slight dips in sales...
...Jones industrial average reached an alltime high of 939.62 a month ago. Many professionals fretted that the market had climbed too high too fast (it jumped more than 400 points in less than three years), and were concerned about the possibility that the U.S. economy was heading for a slowdown in the months ahead. Some experts began to look far afield for excuses for a fall they felt was coming. They were bothered about prospects of a hotter war in Viet Nam, about possible currency devaluation in Britain, about current recessions in France and Japan. Then along came Bill Martin...
...across the U.S. are down 8% from a year ago despite gains in March and April. But in the West, where a quarter of the nation's new housing is normally concentrated, the decline is much sharper because of earlier overbuilding, cutbacks in defense industries and a slight slowdown in the influx of new families. More than 50,000 completed houses remain unsold in California, according to Bank of America officials. Says Los Angeles Entrepreneur Jerome Snyder: "Builders in trouble here seem to be more the rule than the exception...