Word: spreading
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Dates: during 1970-1979
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...change became dramatically apparent in 1974, a pivotal year that saw the decline of old powers, old alliances, old philosophies?and the rise of new ones. The West's belief in the inevitability of human progress and material growth was badly shaken as inflation spread oppressively across the world, several industrial societies tumbled into recession, and famine plagued a score of nations. There was a marked erosion in the wealth, might and cohesiveness of North America, Europe and Japan. In the developing world, 40 or more countries with few natural resources fell increasingly into destitution and dependency. Meanwhile, a handful...
...report lays much of the blame for the U.S.'s difficulties on American reluctance to steer economic policy toward more stimulus. The OECD economists worry that the "weak picture" they see in the U.S. could spread to other parts of the world. If the U.S. downturn begins to bite deeply into imports, some other countries could be pulled farther down...
...declined slightly for a full quarter for the first time in four years. The spending slide has continued since then; the fourth quarter is expected to be off by about 2.4%. What happened? For one thing, there was a lot of "water" in the capital-goods backlog-excess orders spread among several suppliers by companies merely waiting to see who would deliver first. Then came the coal strike and the disastrous auto sales figures from Detroit; says Michael Evans, president of Chase Econometrics Associates, a Manhattan forecasting firm: "All the water got squeezed out of the order numbers. Then everyone...
...shop here in Suez, and I had a boat for going out into the harbor to hawk souvenirs to passengers and crews. But when I came back this summer, I found my apartment, my shop and my boat all completely destroyed. Now all I can do is spread a few souvenirs on the street in front of the Bel-Air Hotel and sell a few things to United Nations soldiers. If they can only make peace and open the canal again.' It is the hope of everyone in Suez these days...
Other states anxious to halt the spread of litter are clearly impressed. California, for instance, may well pass its own law next year. As the legislation is now shaping up, the state will bor row more heavily from Washington than Oregon (but will nonetheless ban pull-tabs on cans as a safety hazard). Though industry opposition is expected, a state-sponsored study strongly suggests that most Californians-and probably most other Americans as well-are ready to accept curbs on the throw-away habit that blights the land...