Word: sluggishness
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Dates: during 1960-1969
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Nevertheless, many retailers expect their gray Christmas to be followed by sluggish spring sales. Lawrence Goodman, a vice president of Korvette, offers a bit of cheer for the consumer: "There will be great buys in January" -when stores mark down the goods that they failed to sell before Christmas...
Businessmen see the signs of decline in their sluggish sales and softening profits. Investors discern the portents in falling stocks; the Dow-Jones industrial average has dropped 9% in the past five weeks to a three-year low. The Consumer Confidence Index, measured by the highly regarded University of Michigan Research Center, has plummeted from 95 in January to 79.7 now. President Nixon's economic policymakers recognize the signs of danger. "We are now at a critical period of economic events," says Budget Director Robert Mayo. "The economy is in a state of delicate balance...
Economists tend to agree on the business profile for 1970: a rise in jobless ranks to 4¼% or 4½% of the labor force; 4% price inflation, probably tapering off toward year's end; sluggish 2% real growth in the over-all economy, which will expand from $933 billion to $985 billion or $990 billion. A few sectors of business anticipate substantial difficulties. Auto manufacturers (except Ford) have already curtailed production a bit, and some retail merchants figure that they will have to hustle to maintain their sales volume. "The consumer is beginning to stiffen up," says Ralph Lazarus, chairman...
...Harvard came out flying for the second period, swarming all over a suddenly sluggish Eagle defense, Dan DeMichele split Barton's legs with a 30-foot slap shot to send Harvard ahead at 7:26, and after Eagle Tom Mellor tied it again 51 seconds later from a scramble. Harvard's Leif Rosemberger put a third goal past Barton...
From the "sluggish excursions into beauty and truth" which characterized the epoch between the Wars, to Bly's annoyed proclamation in 1953 that MOST OF THE POETRY PUBLISHED NOW-A-DAYS IS OLD FASHIONED. The Advocate vacillated between innovation and a nervous caution. A reaction in the fifties against the poetic domination of Eliot was expressed by Peter Viereck in a parody of Prufrock: "Today the women come and go Talking of T.S. Eliot." Jonathan Culler, in his introduction to the Centennial Anthology, described a magazine that had "stayed Georgian ten years too late during the poetic ferment...