Word: boom
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...Reagan years, should they come to pass, will occur in a different world. The Eisenhower years were postwar boom-time; American power dominated the world then, and gasoline cost 30? per gal. But even then Americans were skittish, with a sense of things sliding out of their hands, of an un controllable future...
...tale in office construction is entirely different. Rather than being in a recessionary tail spin, commercial building has embarked on what may turn out to be its greatest boom ever. The burst of construction is being fed, in part, by the growth of white-collar jobs. During the past five years, the U.S. work force has risen dramatically to 106 million, vs. 95 million in 1975. Since much of the growth has taken place in the service and financial sectors, the demand for office space has outstripped the surplus supply created by the last big building bonanza...
...office building boom about to bust? Obviously the industry is cyclical, and the current rapid rate of activity cannot continue indefinitely. The present construction, however, appears so soundly based that the outlook is optimistic. Given a bit of luck, the boom will continue for at least three years, and possibly four or five. Then the industry will need to pause for breath and find new funds...
...numbered about 20 per cent of the population, and relations between the Cuban and the non-Latin white (or "Anglo") communities were good. The Anglos had welcomed the Cubans fleeing Castro with open arms, and in return the Cubans settled in a decaying neighborhood and turned it into a boom town. But as it turned out, the decision to chase South American pesos shattered the fragile Cuban-Anglo harmony and turned it into hatred. In addition, the "New Prosperity" of the 1970s, as Miamians call it, created racial problems where none had seemed to exist beforehand and, some say, turned...
...good news for sophisticated, affluent American travelers is that the increasing success of these oases of Old World-style (their occupancy rates are well above the hotel industry's average of 69%) has spurred a boom in new and refurbished hostelries with deluxe accommodations for just a few hundred guests. "Americans have come of age," says Philip Pistilli, proprietor of the five-year-old, 124-room Raphael in Kansas City and its namesake in Chicago. "They now want style and service. The message of the small hotel is individual care of people...