Word: slumping
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Dates: during 1960-1969
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...business balanced its books for the first half of 1960, profits often fell short of record 1959. The reason was no big slump in business-most sales were as good as or better than last year-but rising costs that chewed up profits, and high inventories caused by overoptimistic expectations. With the U.S. consumer presumably poised to buy at an even faster clip in the second half of 1960, most businessmen were confident that better profits were...
...play. It is perfectly true that, as poetry. Antony and Cleopatra is masterly--in fact, unsurpassed by any other work in the canon; but, as dramaturgy, it is a failure, albeit an instructive and fascinating one. Poorly constructed, it suffers from what those in the trade call "second-act slump...
...topflight pro ever since she graduated with Phi Beta Kappa honors from the University of Texas in 1950. Taut and moody on the golf course, Betsy lugs a portable phonograph with her on the tour, relaxes between rounds with Wagnerian opera. This season, Betsy had been in a frustrating slump, had won only two major tournaments prior to the Open, and had watched her earnings drop...
...appliance industry's problem is not so much a slump as a boom that failed to get off. As one G.E. applianceman explained: "Everybody was elated about the sensational golden '60s that were going to bust wide-open. We got a little over-optimistic." Production cutbacks are the or der of the day. Frigidaire last week laid off 1,150 Dayton-plant employees indefinitely. This week G.E.'s vast $300 million Appliance Park plant in Louisville shut down its refrigerator division for a week, laid off 4,500 workers. This month it will close its large home...
Faced with this polyglot group, Manager Murtaugh is wise enough to stay in the background, build his regulars' confidence by leaving them in the line-up through slump and surge. Murtaugh is the soul of tact when he walks out to relieve a pitcher. His standard remark: "It's one of those days. We'll get you a little help." This season Murtaugh himself is not sure why his Pirates have rebounded so well from last year's disappointing fourth-place finish. "You never know why they do good," he says. "You can only be grateful...