Word: trend
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Dates: during 1980-1989
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...American Sports Data, a market-research firm in Hartsdale, N.Y., estimates that there are about 25 million serious walkers of all strides, compared with 13 million runners in 1983, the jogging peak. Actresses Cybill Shepherd and Shelley Hack walk. So do Bob Hope and Walter Matthau. To certify the trend, Jane Fonda will be out next month with two training cassettes -- for the Walkman, naturally...
...kind of winning eclecticism has prevailed in recent Pulitzer awards, mirroring a two-decade trend in contemporary composition. Since 1980 there have been prizes for neoconservatives like David Del Tredici, committed serialists like the late Roger Sessions and unabashed proponents of tonality like Stephen Albert...
...founding editor of New York in 1968, Clay Felker pioneered the brash, trend-spotting magazine devoted to capturing the beat of a city. Felker, who went on to Esquire and U.S. News & World Report, is returning to native ground, this time as editor of Manhattan,inc. (circ: 85,000), a glossy, literate, monthly specializing in examinations of power and the powerful in New York City...
...materials to Mexico duty free for use in assembly plants, then paid duty only on the value added abroad when the products were returned to the U.S. For nearly two decades, these exchanges fostered steady but unspectacular growth in border cities such as Juarez, Tijuana and Mexicali. But the trend accelerated dramatically in 1982, when the Mexican peso lost 82% of its value against the U.S. dollar. Mexican wages fell to irresistibly low levels for U.S. companies facing tough competition from Asia...
...crucial question is whether the recent uptick in interest rates signals the start of a long-term trend. On this issue economists are divided. Goldman Sachs Economist Robert Giordano declares that the recent run-up will prove short lived. He expects rates to fall below 8% by the end of the year. Kaufman, of Salomon Brothers, is characteristically pessimistic, predicting that long-term rates will rise by nearly a percentage point, to 9.5%, by the end of the year...