Word: sunbelt
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Dates: during 1980-1989
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Texas Commerce was the first bank in the state to line up a long-distance partner. For its part, Chemical was eager for a presence in the Sunbelt. Quipped Texas Commerce Chairman Ben Love, a friend of Chemical Chairman Walter Shipley's for 20 years: "You could say the chemistry was right." Still, Texas Commerce has been hurt by bad loans to energy companies and real estate developers. Chemical plans to help Texas Commerce expand consumer lending, an area in which the New York bank has more expertise...
Republicans will now govern the Sunbelt's three largest states: California, Texas and Florida. For the first time since Reconstruction, Alabama will have a Republican Governor, and for only the second time in this century, a Republican will lead South Carolina. The G.O.P. captured governorships being vacated by Democrats in Maine, Florida, South Carolina, Alabama, Kansas, Nebraska, Oklahoma, Arizona and New Mexico. In Wisconsin, Republican Challenger Tommy Thompson ousted incumbent Democrat Anthony Earl. Democrats managed to win G.O.P.-held governorships in just three states: Oregon, Tennessee and Pennsylvania...
Before energy prices collapsed, the conventional wisdom held that America's economy was being split along have and have-not lines: a prosperous Sunbelt and a rusting Frostbelt. Now, however, there is talk about a different sort of "two Americas." In the new version, the haves are the high-tech industries and financial-service firms stretching from New Hampshire down the Eastern seaboard and from California's Silicon Valley down to Orange County; the have-nots include the farmers, energy producers and heavy manufacturers in between. The split that some see emerging counterposes booming coasts against a problem-plagued heartland...
...sunshine. In 1982 Avi Ruimi and Avi Fattal, two immigrants from Israel, introduced the product in Los Angeles, calling it the Auto Shade. Sales began to take off last year, mostly in California. Now Ruimi and Fattal have lined up distributors in 25 states, concentrated, of course, in the Sunbelt...
During a decade of tremendous growth, Sunbelt cities attracted millions of people from the depressed urban centers of the North. All the ills of urban ghettos went with the newcomers, and many Southern cities, with their underclass populations suddenly exploding, became ripe environments for gangs to develop and flourish...