Word: slumping
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Dates: during 1980-1989
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...Mexican effect," excessive dependence on world trade had pushed many Third World nations into debt in the first place, risking their economic independence in the process. Chevalier suggested that some nations would need to protect domestic industries to encourage investment. By contrast, Board Member Tumlir argued that investment would slump alarmingly without free trade. Said he: "Investment is extremely sensitive to uncertainty, and if you create uncertainty about trade, exports and access to markets, then one-third or maybe even 40% of contemplated investment projects will be postponed. So to say that we have to worry about investment...
Over the past several years, almost no business has grown faster than video games, but last week stocks of most of the industry's highflying participants came crashing down with a thud. Warner Communications, owner of Atari, the king of video games, unexpectedly forecast a slump in fourth-quarter earnings. The news reverberated through Wall Street. Analysts began recalculating profit estimates of the best-known games manufacturers, trying to divine whether the Atari setback had more cosmic implications. By week's end no one was quite ready to declare that the stock market was flashing a bleak "Game...
...took office it has jumped from 7,4% to November's jolting 10.8%, the highest since 1940. Total national production of goods and services is about where it was at the end of 1979, despite Reagan's vows to speed it up. To be fair, the slump was probably the inevitable consequence of a determined effort to reduce inflation, but Reagan has still not conceded that...
Smith feels the Crimson will soon break out of its current slump. The loss "is not going to get us down," she said. "We're not going to play like losers...
Speculators form all sides are wondering why nobody wants to move. And critics of the Hart building--led by Sen. William Proximate (D. Wise.)--have outspokenly tried to explain. The building is just too opulent, too extravagant, they claim. In the midst of a severe economic slump, how can they justify moving in to a structure with white marble, bronze elevator doors and rooftop tennis courts? How would they explain to constituents visiting their offices--if they could find them in the maze of facilities...