Word: boom
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While other cities went broke, Mayor Bill presided over Denver's boom years, when the skyline sprouted glass-and-steel towers and residents approved some $350 million worth of building projects. Although McNichols was never under suspicion, his administration was beset by scandals and his reputation as a good manager was tarnished by the revelations about his appointees...
...table). And many new products will be low tech or no tech. A typical example: one of the greatest growth industries for the rest of the century will be the broad field of health. Americans are living longer, and the children born during the baby-boom years (1946-64) are trying to guard their youth as they head toward middle age. Fitness is a health-related business that is notably prospering and likely to get considerably bigger. Imprecisely defined but including at least the gyms, equipment, clothing, foods and vitamins for staying healthy, the fitness market will reach $35 billion...
...lacking the resources and supposed stature of the academy. Other institutions, and perhaps even private sector "scavengers, will attempt to fill the void but in the meantime sites will be ignored or destroyed. The field of contract archaeology, having lost two of its anchors in the region is suffering boom and bust phases just like cycles in the societies it studies. It appears that Harvard like Brown is not "committed" to studying the area beneath our feet. Contract archaeology is an endangered species in the era of Reaganomics--another field that may indeed bite the dust...
Despite the record-industry turnaround, no one expects an early return to the boom of five years ago. Says Al Teller, general manager of Columbia Records: "We're a mature industry. The huge growth of the '60s and '70s is not on the horizon." One reason is that baby boomers, who bought many more records than their parents, are now getting into their 30s and buying fewer records. But music executives do not want to think about those sour trends. For now, they want to sit back and listen to the sweet music those megahits are making...
...decline in America's smoke stack industries is sparking a boom in books proposing cures. Industrial Renaissance (Basic Books; 194 pages; $19) places the blame for America's ills squarely at management's door. According to William Abernathy and Kim Clark, two Harvard business school professors, and Alan Kantrow, a Harvard Business Review editor, the problems are not due to a sluggish economy, overpriced labor or predatory competition from abroad, but to managers who "view their work through a haze of outdated assumptions and expectations." The book is an expanded version of a controversial 1980 article...