Word: slowdowns
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Dates: during 1970-1979
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...other hand, several factors are reducing the incentive for the multinationals to expand outside the U.S. While the American economy now is at last speeding up (see BUSINESS), growth is slowing in most European countries and Japan. The slowdown could be aggravated by new difficulties that some of these countries will have selling their goods abroad against American competition. Devaluation also may increase the number of dollars that multinationals must spend to buy, build or expand foreign factories. Adding up the pluses and minuses, Wall Street analysts think that the multinationals will invest a greater share of their money...
Painstaking Correction. The slowdown is something of a puzzle to scientists: some suspect that it may be due to the slippage of the earth's mantle over its underlying core. Whatever the cause, the slowdown is a major nuisance to the National Bureau of Standards-which watches over the national time standard with its cesium clocks at Boulder, Colo.-and other institutions and laboratories that operate atomic timepieces. To keep these clocks in step with the earth's less-than-regular rotation, they must be reset periodically by a small and painstakingly calculated amount. Because the corrections...
...leap second should eliminate such discrepancies. The International Time Bureau in Paris will now simply issue a directive, probably once a year beginning in 1972, based on worldwide astronomical observations of the earth's rate of rotation. If the accumulated slowdown requires it, the bureau will advise participating countries to reset their clocks by the addition of a second (or subtraction of a second if the earth's rotation should speed up). Thus atomic clocks in all parts of the world should always be ticking off the same seconds. Why wasn't the leap second created sooner...
...economic trends, which they share with one another at the meetings. This year, for example, many electronics manufacturers found themselves with rising inventories as demand fell. ITT boasts that, by constantly monitoring national economies and the trend of sales, it was able to react so quickly to the slowdown that its inventories hardly rose...
Saturday's game against Massachusetts will pair Harvard with a powerful Redman squad that is undefeated this season. Harrison said that since Harvard's opponents have tried both slowdown and running tactics, it would be hard to predict the Redmen attack...