Word: slumps
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Dates: during 1970-1979
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...decades a powerful and increasingly neglectful influence. In 1972, Broadway's blackest year, Shubert was hit hard. It even seemed likely that many Broadway houses would be replaced by office buildings but for the kind of chance known as "actor's luck"; the theater slump had coincided with the office-building slump. Since then, the organization has been among the leaders in trying to revitalize theater, pouring more than $2 million seed money into nonprofit companies and urging greater cooperation between all kinds of theater...
...seed but the talent diminishes rapidly from there. Remembering that the top three players for the 'Cliffe are just about the same in ability, I asked Lissa if she would rather play two or three for a while to give her a chance to break out of her slump. "No, I like to play number one," she said emphatically. "I want to be the underdog. I like to play good people because if someone patsy-balls around, then my game will fall apart also...
...prefer being the underdog," Muscatine said. "Curran is a strong player and plays an aggressive game." Citing an inconsistent serve as her weakness in the match, Muscatine said she is working on her game and is hopeful she is coming out of a slump that started on the team's spring southern tour...
Darkening Outlook. The recession, of course, varies in intensity from one country to another. The U.S. has suffered a longer and deeper slump than any of its trading partners, but last week President Ford proclaimed that "the recession is receding" and confidently predicted a recovery starting in the third quarter of 1975. He could cite some good news: manufacturers' orders rose for the first time in six months, and the wholesale price index in February dropped 0.6%, its fourth straight monthly decline. Unemployment, however, which is a lagging indicator, rose to 8.7% in March from 8.2% in February, bringing...
...industrial world as a whole, though, the slump is getting worse and the outlook for appreciable recovery this year is darkening. Seven months ago, the Paris-based Organization for Economic Cooperation and Development, which embraces all the leading industrial nations, was predicting that its members would post a small average increase in real gross national product during 1975. A few months ago it scaled down its projection to zero growth; now it is estimating a decline of 1.5%. To avert an even worse slide, some nations that have made headway in combatting rapid price rises are, like the U.S., moving...