Word: slump
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...built himself up to a solid 210 pounds last winter with a weight-lifting program and began making an impression in spring training. His batting practice show brought fans out early around the league, and the homers continued most of the season, except for one long, frustrating slump...
...traditional flowing Bedouin thobe, or lengthy shirt, Yamani was the chief architect of the 1973-74 OPEC oil embargo. That historic action, which drastically cut back OPEC exports to several Western nations, including the U.S., more than quadrupled oil prices within 15 months and caused a severe global slump and then nearly a decade of rising inflation. By 1979, however, OPEC was already slipping from Saudi control. In that year the fall of the Shah of Iran led to a second worldwide oil shock, which nearly doubled prices once again and brought on the sharp recession of 1982. The downturn...
Many workers fall victim to business cycles that sharply cut the going rate for their skills. Patrick Walter was comfortably supporting his wife and their two children on his $35,000 pay as a welder on an oil rig off the Louisiana coast when the petroleum price slump hit and cost him his job. Says he: "It doesn't take long for everything to go to hell. I might never make what I used to." Walter and his family packed up and migrated to Oregon, where they moved in with his wife's parents, and he took...
Fellow scoring machine Scherrer was pleased with his performance because it meant he was "finally getting my game under control. I'd been in a slump earlier in the season, and I'm beginning to play better...
Nonetheless, almost everyone agrees that U.S. chipmakers needed emergency relief. In a slump for two years, the industry has laid off 65,000 workers and is expected to post total operating losses of $800 million this year. Even the most innovative stars have been humbled. Earlier this month Intel startled Wall Street by posting a record quarterly loss of $114.2 million. Advanced Micro Devices said it lost $46.9 million during the comparable quarter and announced its first layoffs in a decade, dismissing 500 of its 13,300 workers. Many smaller companies that have developed highly advanced manufacturing processes, notably...