Word: timbered
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Dates: during 1980-1989
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...Arkansas has long been the Dogpatch of the nation's school systems. Many poorly financed districts in the state have tiny, rundown schoolhouses staffed by some of the lowest-paid teachers in the country. Consider, for example, the Thornton school district (total enrollment: 300), located in the timber country of southern Arkansas. The last time its tenth-graders took the basic skills test they placed in the bottom 12% of national scores. The average teacher's salary is only $11,663, and not one teacher is certified to teach physics, foreign languages or art. Says Kai Erickson, executive...
...flat housing market would eventually crimp sales of building materials and home furnishings, from timber to toilets. The lumber industry is still shaking off the recession and is hardly prepared for a new shock. In the Northwest, the number of sawmills has declined by about 13% since 1979, and their work force has dropped by 20%, to 96,000. Says H.A. Roberts, executive vice president of the Western Wood Products Association: "We're more efficient these days, and sales volume is relatively good. But we're not nearly as healthy...
...Timber wolf...
Looking for an offbeat investment prospect? Well, consider a St. Paul company called American Hoist & Derrick. A typically depressed heavy-equipment manufacturer, Amhoist lost $21.8 million last year and is expected to wind up in the red again this year. Two of its primary markets, the petroleum and timber industries, remain sluggish. Its stock has been sagging in the bull market and now sells for $15, vs. a high of $26, reached...
...that could flood the world's markets. The axis of this second thrust is simple: to employ enough of China's surplus population at low enough wages to export Chinese manufactures to earn back from the rest of the world ? above all, from America ? the food, the timber, the cotton, the edible oils, the meat to keep the people above the starvation line...