Word: boom
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...Frank Shorter, 31, has often set the pace. At the 1972 Munich Olympics, the Yale graduate became the first American in more than 50 years to win the marathon, and the attention he received helped quicken interest in the running boom. In 1976 Shorter came back to win a silver medal in Montreal. His 140-mile training weeks left him little opportunity to support himself as a lawyer, however, so he challenged the Amateur Athletic Union's rules prohibiting sports-related income. In a precedent-setting case that has helped other athletes, Shorter convinced the A.A.U. that his manufacturing...
...well as a sailor's feel for the wind. The German and Dutch Olympic sailing teams require their athletes to train on wind-surfing boards in order to improve their coordination and hone their sail-trimming skills. Standing on the board, a windsurfer grasps the wishbone-shaped boom and steers his craft by tilting the sail: when the boom is pushed forward, the boat heads off-wind; when pulled aft, it heads into the wind. Since the sail is mounted on a universal joint, it is free to move in any direction, enabling the sailor to tack and jibe...
...reaches of the intermountain West, where treasure troves of coal lie almost on the surface just waiting to be scraped up and hauled away, whole new towns would have to be built to house the workers employed at mines and synfuel plants. Residents of the region regard such a boom as a mixed blessing at best...
...suburbs-the cost of shelter is going through the roof. Despite runaway rents, galloping home prices and the difficulties of finding mortgages and paying sky-high interest rates, demand remains strong. The availability of apartments, coops, condominiums and houses is tight, and there is no sign that the housing boom is about to bust. Meanwhile, the worsening shelter squeeze is changing the way America lives-for the worse...
House prices historically have proved remarkably resistant to economic downturns. Today the supply of homes is limited, and the demand from buyers is likely to remain strong and even grow as more and more baby-boom couples rush to jump aboard the real estate express. The prospect is for prices to continue rising faster than salaries. This will lead to a steady increase in debt, which will burden even well-paid two-income families...