Word: sluggishness
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Dates: during 1980-1989
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...deal was engineered by Hill & Knowlton President Robert Dilenschneider, 43, who took over in March with a mandate to breathe new life into a company that has been suffering from sluggish revenues and ebbing morale. Dilenschneider wants Hill & Knowlton to help its corporate clients deal more effectively with touchy policy issues. Says he: "With all due respect to people who unfurl banners in front of a hot dog stand, that's not my shtick...
...months, portents have flashed across the financial heavens, feeding expectations of renewed vigor for the sluggish world economy. The price of oil has been in free fall, lifting a multibillion-dollar burden from industrialized and Third World countries. International interest rates have been dropping steadily, clearing away yet another obstacle to growth. In the U.S., the declining dollar has been named a harbinger of strengthened international competitiveness, meaning that the country's bedraggled manufacturing and farming sectors would once again revive and help refuel the world's foremost engine of economic expansion...
...robust as it seems. The Department of Commerce reported last week that the gross national product expanded at a 3.7% annual rate during the first quarter. The strong showing, though, was partly caused by an increase in unsold business inventories. This inventory buildup, the result of sluggish consumer demand, could be a sign of an underlying economic weakness...
Several factors are driving ad agencies into a pattern of expansion by acquisition. For one, industry profits dipped 1.5% last year, in part because the economy was sluggish and client companies curbed their advertising budgets as a cost-cutting measure. In response, many ad agencies are resorting to mergers as a way of sustaining their revenue growth...
...Crimson (5-2 overall) played a sluggish second half and failed to hold off a late-game scoring rush from the pumped-up Elis, who captured a 13-9 decision in New Haven, Conn...