Word: slowdowns
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...first time in almost a decade, that number is forecast to drop slightly this year, to $28,704. Nearly half of caterers and event planners surveyed by the National Association of Catering Executives (NACE) in March said they were seeing declines in wedding spending in response to the economic slowdown; 12% even reported wedding cancellations because of financial concerns...
...Economic eras don't last forever, though, and there are signs that the current slowdown is a harbinger of something bigger: an end to America's 25-year love affair with tax cuts and deregulation. A lot of the cracks that have emerged during that time, because of global economic shifts or our own neglect, have become impossible to ignore - stagnant incomes, a federal budget gone way out of balance, soaring energy prices, a once-in-a-lifetime housing crash and growing financial risks in retirement and from health care...
...beginning of what Smith has called a “prototype year” for the Faculty. In a series of proposed reorganizations presented to professors last month, the dean outlined plans to add administrative positions, increase the power of the divisional deans, and institute a year-long slowdown on Faculty hiring to allow for further planning. With the administration growing, Zipser—who in her current post helped Senior Vice Provost Evelynn M. Hammonds design and analyze a University-wide faculty survey focused on gender and ethnicity—pledged to be a voice for professors...
...debates over the degree of the U.S. economic crisis, Harvard economics professor Kenneth S. Rogoff told a lecture hall of undergraduates that the current financial crisis “looks like a really bad one.” The event—“The Current Economic Slowdown: Causes and Consequences”—was hosted by the Harvard economics department and intended to explore the recent downturn with “no Harvard politics, just real-world substance,” department chair and moderator James H. Stock wrote in an e-mail. The panel featured...
...economy as gas prices at the pump steadily rise. Little wonder that results like these aren't trumpeted these days, but rather carefully explained. Record profit announcements from major energy firms are nothing new; those inflated oil prices have triggered a string of them in recent months. But the slowdown currently underway in the U.K., for instance, "puts a bigger onus on these companies to explain lucidly what exactly that means," says Simon Webley, research director at the Institute of Business Ethics in London, which counts both BP and Shell as supporters. Petrol retailing, for instance, accounts for "very little...