Word: felling
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...hover at a fairly strong level, considering the mounting bad economic signs. The Conference Board put its consumer confidence rating at 59.8 for September, a slight improvement from 58.5 in August. Compare that with the index's nearly 20-year low of 55.3 in 1991, when the U.S. fell into recession following the first war in Iraq. (In good times, the index can be well above 100 points.) But the latest series of events on Wall Street and in Washington are undoubtedly shaping consumer confidence in ways that have yet to register on the index...
...availability. Thus, the spectacle of Monday's roller-coaster ride on Wall Street may be just one more push toward the point when Americans start to pocket their wallets and thus slow down the economy drastically. When the stock market crashed in 1987, for example, consumer confidence fell but then quickly recovered, helping the U.S. to dodge a possible recession. It was different in 1991, when rising oil prices added to emerging consumer worries and thus stalled the U.S. economy...
...Councilor David P. Maher also noted that the city is in the midst of building a new library and refurbishing its war memorial. Tax rates in fact increased from the fiscal year 2008 rate from $7.36 to $7.56 per $1,000 of value. Because property values fell slightly in Cambridge over the past year, the actual amount of taxes charged remained constant or decreased, Maher said. The tax rate in Cambridge is significantly lower than that of the other cities in the surrounding area. Boston, Brookline, and Somerville have tax rates of $10 or higher per $1,000 of value...
...ranked No. 84 nationally, fell 6-1, 6-0 to Iyer, who was playing so well that she went on to win two more matches and qualify for the tournament’s main draw...
Failing to carry over her momentum, Ko fell to her next challenger—not a player but in fact, her ankle...