Word: slowdowns
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Dates: during 1960-1969
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...Elis may try the same strategy which worked so well against Princeton: a slowdown. Yale did a lot of passing and controlled the ball while waiting for a good shooting opportunity...
...paychecks and prices. In October, the leaders began to level off; for the next five months they zigzagged. During March, to judge by the eight indicators for which the results were in last week, they dropped about 1 %. The apparent shift of the leaders strengthens forecasts of a salutary slowdown in the second half...
...credit seems almost sure to win congressional approval. Once a supporter of the tax credit, Nixon changed his mind last month after surveys showed that corporate spending on new plant and equipment was heading for an inflationary 14% gain this year. Its immediate repeal is intended to make a slowdown in actual corporate spending mesh with the time next year when a lowered tax surcharge would give consumers more pocket money...
Businessmen are increasing their expansion plans for a variety of interwoven reasons. The momentum of 96 consecutive months of economic expansion leaves most executives confident about 1969, despite all the talk of a slowdown. Last week the Commerce Department reported that factory orders for durable goods-an important indicator of future economic activity-rose by $1 billion in February to a record level of $31 billion. Even a small decline in auto assemblies last month did not prevent industrial production from setting a new record for the fourth month in a row. Recovering from a January slump, personal income increased...
Whether the present mix of fiscal and monetary policies will bring the "gradual" economic slowdown that the Administration wants should be known in a few months. Most taxpayers will be painfully reminded in mid-April that not all of last year's 10% income tax surcharge was covered by their withholding taxes. The federal budget will soon shift to a slight surplus after three years of inflationary deficits. At this point, top Administration officials figure that present measures will begin to bring inflation under control-perhaps without another dose of higher interest rates...