Word: sluggish
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...short run, the budget gap may be causing long-term damage that will be difficult to undo. Observed Charles Schultze, a senior fellow at the Brookings Institution in Washington: "We could have a recovery for some period of time fueled by consumption and Government spending but with sluggish investment and exports. That is a miserable kind of recovery...
Across the U.S., the rising fear of crime has turned the once sluggish home-security business into a runaway growth industry. Sales of burglar alarms and other residential safeguards have zoomed to nearly $900 million a year, up from $500 million in 1979, and are expanding at the dazzling annual rate of about 30%. Firms in the field range from industrial giants like Honeywell (1982 sales: $4.6 billion) to one-person outfits selling burglar alarms...
Coming in low from the south across the sluggish Chari River, four Mirage fighters peeled off and soared upward to gain height for their final approach to the airport at N'Djamena, the Chadian capital. A few minutes later four Jaguar fighter-bombers repeated the maneuver. By the end of the day the little airport, which normally handles only a dozen civilian airliners a week, had begun to look like a military airbase. Parked next to the jets on the runway apron were half a dozen Transall military freighters and a C-135F aerial refueling plane, together with five...
...Even in sluggish 1982, the value of foreign-made apparel increased almost 10% and totaled $7.1 billion. Longtime suppliers like Taiwan, Hong Kong and Korea are being joined by new ones like Sri Lanka, Malaysia and parts of the Caribbean and Mexico. Since all these countries have access to the same machines and patterns in this low-tech business, their cheaper wages allow them to drive down costs. The typical garment worker in China makes 16? an hour; in Taiwan 57?, and in Hong Kong slightly more than $1. President Sol Chaikin of the International Ladies Garment Workers Union contends...
Since taking over Leonid Brezhnev's job last November, Soviet Communist Party Leader Yuri Andropov has talked a good deal about getting the Soviet Union's sluggish economy moving. At the beginning of the year he ordered police to round up "slackers," who were at the movies or at public baths when they should have been at work. He made a much publicized visit to a Moscow factory in which he told workers that "without discipline we cannot advance quickly." But there have been few substantive actions to match Andropov's words. Last week the government...