Word: slump
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Dates: during 1960-1969
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...jammed thumbs, pulled muscles-and St. Louis' Pettit and Syracuse's Dolph Schayes have kept going with broken wrists. Robertson himself is just getting over a torn muscle above his right hip, which benched him for five games. After a game, win or lose, the exhausted players slump silently on stools in front of their lockers. Pro basketball is now so much tougher than big-league baseball that Cousy scoffs at any comparison: "One of those guys runs out a triple, and he looks like he needs a stomach pump...
...cooperating authorized dealer, who gives him a cut. Under normal market conditions, the discounter might be cheaper than regular dealers, whose markup runs as high as 24%. But under current conditions, many "discounters" are selling cars at higher prices than regular dealers. With auto sales in a slump, dealers are so anxious to move their cars that they often will sell them direct to customers for as little as $100 or $150 above cost...
...unemployment benefits. Half a million have already received their last check. Before the half-year is out, 1,500,000 will be without benefits, and the prospects for a quick upturn in the economy are practically nil. In his State of the Union message, President Kennedy admitted that the slump may last through...
...chorus of pleas for higher tariffs and more import quotas on foreign goods always rises in volume when the roar of U.S. assembly lines slackens a bit. The current business slump is no exception. And now the chorus has swelled with the addition of some new voices: labor unions, long among the staunchest supporters of freer trade. For the first time, when the conservative, protectionist Nation-Wide Committee on Import-Export Policy met last week in Washington, some 20 labor unions were represented. Breaking away from basic A.F.L.-C.I.O. policy, which remains free trade, the unions joined the committee...
...nothing like the economic complaints issuing from their neighbors to the north in Canada. After a decade of thrusting growth, the Canadian economy is gripped by a far more serious recession than anything the U.S. faces, and it has caught the naturally optimistic Canadian public by surprise. A slump in key industries - mining, manufacturing, house building - promised the worst unemployment since the Depression and a winter in which 720,000 workers, or 11% of the work force, will be out of work. And to hear the Canadians tell it, the giant U.S., which generally thinks of itself as an economic...