Word: stagnant
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...worried that the Thatcher government in Britain has adopted measures similar to your proposals to try to curb inflation and revive a stagnant economy, and yet has had to modify some of its policies...
...Presidents Kennedy and Johnson, warned that the economy is already weakening, and will wind up registering around 2% in real annual growth during the fourth quarter of 1980. Heller predicted that overall economic activity during the first three months of 1981 will decline approximately 1.5% and remain essentially stagnant for the following quarter...
...American radio has gotten to a tremendously stagnant situation because they're afraid to take a chance," Miles Copeland complains. "I person ally can't listen to any station in this country for more than five minutes without tearing my hair...
Founded in 1962, K mart was the brainchild of Harry Cunningham, the former chairman of S.S. Kresge Co., a stagnant chain of central-city dime stores. Convinced that Kresge's inner-city stores held little promise, Cunningham persuaded the company's board to invest $80 million in some 60 suburban K mart outlets. In four years, K mart's sales overtook those of Kresge stores, and in 1977 Kresge was renamed in honor of its successful spinoff...
This recession has a character very different from the last one, which started in 1973. Aggravating the earlier plunge was a buying spree by businesses during the boom just prior to the recession. When the economy started to grow stagnant, firms were suddenly forced to cut back inventories, thus causing the economic avalanche. The present slide has been triggered almost exclusively by a cutback in consumer spending. Sometime in late winter Americans simply closed their wallets and snapped shut their purses. Sales of everything from autos and home appliances to airline tickets have dropped sharply...