Word: slump
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Dates: during 1970-1979
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Bobby Orr broke out of a scoring slump with two goals and two assists as the Boston Bruins outmuscled Philadelphia, 5-1, last night at the Garden to stay alive in the National Hockey League playoffs with the upstart Flyers...
...team, which has been in somewhat of a hitting slump of late, will miss the bat of Thomas as much as his glove. Thomas has come up with some clutch hits in recent games and his average has been climbing. The team average, on the other hand, has been slipping since the beginning of the season and is now down...
Cruel Dilemma. Despite the glum news, the worst of the economic downturn is probably over. The March drop in industrial production was smaller than any of the previous three declines; auto sales in early April were down only about half as much as earlier in the year; the housing slump appears to be bottoming out; and U.S. industry plans heavy capital spending. Because the Arab oil embargo has ended, most economists expect real G.N.P. in the current quarter to be "flat"-that is, up or down only a trifle. While that would scarcely be an achievement to crow about...
McDonnell Douglas, formed by a 1967 merger, has consistently been one of the most profitable firms in the aerospace industry. While most competitors were just beginning to recover from a three-year-old slump, McDonnell Douglas profits last year rose 16% to $129.5 million, on sales of $3 billion. Unlike Lockheed and Grumman, the firm has avoided massive cost overruns on its Government contracts, through good luck and tight financial controls. Unlike Boeing, which has been concentrating its efforts on commercial airliners at a time when the airlines have too many seats and not enough passengers, McDonnell Douglas keeps about...
...economic impact. Within a day of the official announcement, President Nixon proclaimed the end of gasless Sundays in the U.S. General Motors canceled layoffs of 27,000 workers that had been scheduled to begin this week, in the hope that greater availability of gasoline would halt the deep slump in car sales. Gulf Oil slashed prices of jet fuel, kerosene and heating oils between 1.5? and 5? per gal., while Texaco announced a penny-per-gal. cut on gasoline-welcome signs of a break in the seemingly endless inflationary escalation of oil prices...