Word: slowdowns
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...slight economic slowdown may be in store during 1968's second half. This is suggested by several indexes that ordinarily signal economic trends well in advance. Planned investment for new plants and equipment has declined. So have new orders for durable goods. More difficult to gauge is industry's inventory accumulation, which rose at the end of December to a seasonally adjusted $82.3 billion, up $500 million over the month before. Some economists feel that this bodes trouble, since manufacturers may later have to slash output in order to reduce their inventories. The fact is that much...
...European financial experts agreed that their countries must dip into their stores of gold and monetary reserves to spur economic growth. By doing so, the Europeans expect to help both themselves and other parts of the free world to resist rising unemployment and a slowdown in international trade, two deflationary forces unleashed by the U.S. and U.K. actions...
...within Europe's supposedly cozy Common Market. Volkswagen has had lagging sales in Italy ever since that counry imposed a temporary tax that craftily penalized owners of the German bug. France, challenged at home by Italy's burgeoning appliance industry, has tried everything from a deliberate customs slowdown, which piled up thousands of Italian refrigerators at the border, to a formal request, now pending before the Common Market commission, for outright import quotas. The French also forbid the import of walnuts before Sept. 25-by which time the remnants of Italy's early-ripening crop have often...
Last Saturday, the Quakers and the Tigers struggled before a regional television audience in the League opener. Operating at a tremendous height disadvantage, Penn held down the score for a while with a slowdown weave, but eventually Princeton's sharp shooting...
...turning in a draft card is more than a symbolic gesture. It causes friction in the machinery: resistance. Maybe we can get a two or three per cent slowdown. We have to face up to the fact that there isn't going to be a revolution in this country. Maybe we should start talking about change.... The true radical makes any changes...