Word: slump
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...hard to guess which ones he might be talking about. Swissair, Sabena and Alitalia were all in bad financial shape before the attacks in the U.S. Even well-managed, profitable airlines have been flying by the seat of their pants in the months since the economic slump began. Analysts estimate that even a 3% drop in passenger traffic can make the difference between a profitable year and a stinker. Within 14 days of the attacks, at least 16,000 people working for European airlines were told they would soon lose their jobs...
...trains and automobiles, fast food, hotels and real estate have swarmed over the Capitol seeking a piece of the $75 billion stimulus package. Those with the best chance of scoring are those with the best chance of jogging consumer spending. The President favors consuming our way out of this slump as well, urging us to "go to Disney World" and eat high on the hog, as he did for the cameras at Morton's steak house. "What can you do to help in this crisis?" Mayor Rudy Giuliani asked, with lower Manhattan smoldering in the background. His answer: "Spend, spend...
...long-term business effects outside of the general economic downturn. "If history proves anything it is that in times of great national stress, the need for entertainment is even more pronounced as people need to take their minds off of the daily horrors. I do not anticipate a sales slump," says Jim Valentino, Publisher of Image comics. Very small publishers and their creators may have experienced a short-term business side effect when an important convention was cancelled. The Small Press Expo was scheduled to meet in Bethesda Maryland, outside Washington D.C. the weekend following September 11. Sales...
...recession before the attacks. Events will unfold faster now, deepening the impact. That should be your main concern. But don't fret about the economy's ability to rebound; it will, possibly even sooner and with more force than would have otherwise been the case. While waiting out the slump, here's how to survive...
...Potentially, yes. But that's by no means guaranteed. The Gulf War saw a dramatic drop in consumer confidence and it stands to reason that spending by individuals - the backbone of the economy, and the key to recovery in the current slump - will be stymied for awhile. But it's also true that war often helps economies, a point 60s protesters made repeatedly. World War II, economic historians agree, helped pull America out of the Depression. The price tag of this new war - whether it's the rebuilding of lower Manhattan or renewed defense spending - could turn...