Word: slump
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Dates: during 1960-1969
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While necessarily incomplete, the surveys showed that almost every other area of the economy enjoyed the surge. Earning $1.3 billion, 26 oil companies outpaced their 1967 first quarter by 16%. Rebounding from the slump that hit most of U.S. business last year, steelmakers' profits rose by 40%, while big gains were also recorded in aircraft (59%), building equipment (34%), textiles (30%), office equipment (29%), chain-store retailing (24.5%), rubber (21%) and Pharmaceuticals (17%), not to mention cement, up a solid 236%. Other increases came in tobacco, broadcasting, food products and electronics. Among the leaders...
Mailer evokes some marvelously mordant closeups of his fellow "weekend revolutionaries" as they try to do their ritualistic protest thing quickly, so that they can get back to New York for a dinner party. "Lowell's shoulders had a slump," writes Mailer. "One did not achieve the languid grandeurs of that slouch in one generation-the grandsons of the first sons had best go through the best troughs in the best eating clubs at Harvard before anyone in the family could try for such elegant note." Ideologue Paul Goodman "looked like the sort of old con who had first...
...Slump...
While Joe Tibbetts was racking up a substantial 3 and 2 margin over Mike McMahon of M.I.T., Tommy Wynne, the last of the Crimson winners, finally broke out of the slump he has been in since the Southern tour with a 4 and 3 trouncing of Tom Thomas...
When West Germany's economy has a setback, most of Western Europe suffers because of the loss of German trade. Thus news that West Germany's economy is pulling out of its 18-month slump has sent ripples of optimism all over the Continent. The Common Market, which saw its members plummet to a record-low average growth of 2.5% in 1967, now predicts that 1968 will be a 5% year. And the 20-nation Organization for Economic Cooperation and Development, which only last month suggested that its West European members might make 4.5%, is now happily reconsidering...