Word: slowdowns
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...anger of Japanese commuters, probably the world's most poorly served travelers. Because scheduled runs are inadequate and cars too small for transportation needs, the line has the familiar permanent "shovers" at busy stations to ram passengers into suffocatingly close-packed trains. Last spring, during a labor slowdown, riders finally exploded, attacked rail workers, rampaged through stations and caused damages of more than $30 million...
...conviction is growing on Wall Street that 1974 will bring not a recession but only a slowdown in the U.S. economy. Investment managers also consider the stocks of many big corporations undervalued, because the companies were posting record profits even while the prices of their shares were sliding sharply earlier this year. Finally, investors are drawing a kind of perverse cheer from the persistent worldwide shortages of oil, aluminum, plastics and other basic industrial materials. The shortages, they think, will enable the companies that make those materials to keep profits growing right through the expected economic slowdown next year, because...
...stoppage's most tangible effect has been a slowdown in the city's social life and economy. Organizations from the Boy Scouts to the Elks are having trouble publicizing meeting dates. Movie attendance has dropped off by a third since theater listings were blacked out. An auction house canceled several sessions. Good jobs in eastern Missouri are going begging for prospects because there are no classified ads, and one large employment agency reported a 20% decrease in applications. Real estate brokers are getting fewer weekend browsers. News of births, marriages and deaths is hard to find. Retail businesses...
Despite widespread predictions of a further slowdown in the economy, companies that advertise on television are betting that consumers will still have a lot of money to spend in the months ahead...
...took to ship zippers from Japan to the United Kingdom, Y.K.K. in 1969 invested $3.5 million in a British plant. The gamble-it was the first direct Japanese manufacturing investment in Britain-has been a mighty success. The plant has never been hit by a strike or a slowdown. The 150 British employees (there are seven Japanese working at management level) voted down a unionization plan last year for fear that it might cost them their Christmas bonus. General Manager Hiroo Minami feels that there is basically no difference in performance between British workers and those in Japan...