Word: sluggish
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...steel industry is tightly tied to the ups and downs of the economy, and generally sluggish growth in most industrial countries has reduced demand. The International Iron and Steel Institute reports that in the first seven months of this year production in 29 industrialized and developing nations was down 5.5%, and is expected to fall even faster for the rest of the year in the industrialized countries...
...debit side, Thomas Derrah's hulking Puck fails to spark the rest of the production in quite the same inhuman way as Mark Linn-Baker's in the spring. Derrah, verbally agile but physically sluggish, acts the comic sidekick; where Linn-Baker's animality was ferral, Derrah's is docile, dog-like--Oberon's best friend...
Though few businessmen or bankers anticipate very much more than a sluggish and lackluster year ahead, most regard even that as an improvement over what might have been. Reports George Cloos, economist for the Federal Reserve Bank of Chicago: "There is not the gloom and despair that existed last spring. Some of the fear is gone...
...sluggish housing market is not only a bad omen for the current health of the economy; it is also a sure sign of more trouble to come. Because of years of insufficient construction, the U.S. has developed an acute shortage of moderately priced housing. More and more members of the baby-boom generation are now moving into the prime home-buying age group. Divorce, single-person households and the great migration of people to the Sunbelt and the Northwest have placed further strains on the existing housing supply...
...economists, however, argued that those are false signs of a rebound. Said Republican Alan Greenspan, the head of a New York-based consulting firm: "I would expect that the incipient recovery will stall within the next eight weeks." The economists generally predicted that U.S. business will be sluggish next year. The board's median forecast for 1981 anticipates growth of 2.7%, although individual predictions ranged widely. Republican Murray Weidenbaum, director of the Center for the Study of American Business at Washington University in St. Louis, forecast a relatively brisk 4% expansion, but independent Economic Consultant Robert Nathan projected...