Word: peak
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...profitable aerospace firm (1968 earnings: $95 million, on revenues of $3.6 billion). Deliveries of Douglas' DC-8 and DC-9 airliners entered a decline this year, and production of McDonnell's phenomenal F-4 Phantom, still the U.S.'s most versatile combat plane, has passed its peak as well. The new business should rebuild the company's backlog, which now stands at $2.6 billion. Still, profits may decline for the next year or so until deliveries of the new DC-10 tri-jet begin...
...whether the volatile Dow average really reflects the overall trend of U.S. stock prices. The Dow, which is composed of 30 blue-chip stocks (from Allied Chemical to Woolworth), has made the stock market look sicker than it really has been during its seven-month slide. From its 1969 peak in mid-May, the D-J average has fallen 17%; the decline has been only 13%, or 24% less for the broadly based New York Stock Exchange composite average of all 1,287 listed companies and Standard & Poor's 500-stock average. One reason for the disparity is that...
Still, economists generally agree that the economy now shows plenty of signs of losing momentum. As interest rates climbed to the highest peak in more than a century, housing starts fell sharply and the bond markets approached collapse. Banks, the principal buyers of municipal bonds, were short of funds and shying away from 20-year and 30-year securities with a fixed rate of return. Industrial production has slipped, and personal income is now rising at a rate of only 1.3% a year...
...Real Growth Inflationary Total Growth Unemployment (in billions) Growth* Average Peak...
...this melodramatic point, the film achieves its peak. Sailor's face empurples, his lips work and bubble, his body goes limp. "Walk, you son of a bitch, walk!" screams Gloria, carrying a corpse on her back, defying Rocky, circumstances, the Depression-and finally life itself in a racking finish that leaves the spectator as weary, and in a sense, as degraded as the participants. But it is precisely because of Gloria's inexhaustible drive that the film buckles. The dancers stay up for more than a thousand hours. The hall becomes a human zoo where legs, spines...