Word: uptick
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Greenspan-induced uptick in rates sends stocks tumbling
...economy is improving markedly, according to a number of new statistics. Personal income in October rose six-tenths of 1%, the third advance in a row, and consumer spending increased for the seventh consecutive month. The Commerce Department's Index of Leading Indicators increased 0.5%, the third major uptick in as many months. Consumer confidence as measured by the Conference Board jumped 11 points in November. Unemployment dropped from 6.8% in October to 6.4% in November, the best monthly improvement in 10 years. Another key indicator of economic health, existing-home sales, jumped 3.6% in October...
...rise in the number of companies recruiting at Harvard is the first such uptick since a substantial drop in 1990, according to Judith E. Murray, recruiting coordinator at the Office of Career Services...
...anything but desperation prices. The U.S. hotel industry is severely overbuilt. Nearly 2 out of every 3 full-service hostelries have been losing money for the past two years. And while all the major chains are competing to offer the best summer bargains, few expect the sudden uptick to do much for their profits...
...think of federal deficits in terms of their percentage of the gross domestic product. But here too, the news is not good. Back in the days of Presidents Kennedy, Johnson and Nixon, deficits generally hovered at a relatively harmless 1% or 2% of gdp, except for a brief uptick to 3% at the end of the Johnson Administration to help pay for the Vietnam War. In contrast, during the Reagan-Bush years, the deficit's share of gdp shot up to between 3% and 7%, meaning that government red ink was weighing far more heavily on the economy -- even...