Word: upturn
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Dates: during 1970-1979
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Despite the current upturn, most agency chiefs agree with Marvin Sloves, president of Scali, McCabe, Sloves: "Advertising is going to continue to be a tough business in which to make a buck." Tight budgets, cautious clients and a wary buying public have wrought substantial changes in the way Madison Avenue operates...
Radical Solutions. Despite a recent high school upturn, the total enrollment in parochial schools is well below that of 1963. Though many people assume that the reason is rising tuitions, the Chicago study found the major problem to be that schools simply are not available. The book accuses bishops of a major miscalculation in closing old city schools and failing to build new ones in the suburbs. Not only does Catholic sentiment and support for parochial schools remain nearly universal but, the survey indicates, Catholics would be willing to give some $1.8 billion more a year to expand their school...
...same time, Ford projected an image of competence by his knowledgeable defense of his budget and other policies, benefited greatly by the strong upturn in the economy and skillfully exploited his position as incumbent (see box next page and ESSAY page 19). Grumbled Reagan: "A challenger can't promise highways and hospitals...
Stephen A. Marglin '59, professor of Economics, said yesterday he is unimpressed by the upturn. Seven per cent unemployment looks good only relative to 9 per cent, he said. "These aren't Harvard professors we're talking about who are out of work...
Whether the upturn in textiles will continue much beyond the middle of next year will depend heavily on how well the mills manage to hold down prices. That will be a struggle. Synthetic fibers, which now go into about 70% of all knitted and woven goods, are made from petrochemicals, and could go up as world oil prices rise. The scarcity of natural gas, which is used in the finishing and drying of many textiles, could cause shortages that drive up prices. But if prices behave and the economy continues on its upward course, the textile upturn could accelerate into...