Word: sluggishness
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...estate industry into an out-and-out depression. The glut of empty office towers could take a decade or more to pare down. Beset by the | speculative hangover, the economy has expanded just 2.6% from 1989 through mid-1991. Economists predict that the economy will bump along at a sluggish pace of less than 3% a year through...
...After a sluggish start, Harvard kept the pressure on the Butler defense, finishing with 16 shots on goal to Butler's 12. At the other end of the field, the Crimson defense played another outstanding game, as Reilly was forced to make only two saves...
Business activity remains so sluggish that the jobless rate is expected to continue to rise for the rest of the year. Some experts even warn that the economy, burdened by high debts and a weak banking system, could fall again unless the Federal Reserve moves quickly to lower interest rates. Fed Chairman Alan Greenspan has kept rates firm to control inflation. But with the threat of a "double-dip recession" hovering over the economy, Greenspan may feel new pressure from the Administration to relax his monetary grip as the 1992 presidential election draws near...
...that most folks would relish. When Kessler was appointed last December, he faced an agency that for more than a decade had been bled of funds by the White House and burdened with new responsibilities by Congress. AIDS activists were picketing the front doors because of the FDA's sluggish pace in approving drugs. Five employees had been convicted of accepting bribes from the generic-drug industry. There were allegations that other staffers were selling insider information about drug approvals to stockbrokers. And a federal report had just concluded that the agency's outmoded labs and meager staff were incapable...
...MasterCard operations last year, according to Spencer Nilson, editor of The Nilson Report, an industry newsletter. Even though some 6,000 financial institutions issue cards, the business had nearly been impervious to price competition. Consumers who will shop around for value on everything from groceries to autos have been sluggish when it comes to seeking better deals on credit-card costs...