Word: rebounds
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...above 2000, then raced to last week's record-breaking 3004.46 close in little more than four years, barely missing a beat even during the crippling crash in October 1987. The milestone demonstrates that despite grim indicators like last month's 6.8% unemployment rate, investors are already anticipating a rebound from the recession...
While the ambling spirit may be willing, however, the recession has weakened many tourists' ability to pick up and go. "After the war there were a lot of hopes that things would rebound by themselves," says James Cammisa Jr., who publishes the monthly newsletter Travel Industry Indicators. "The airlines waited two to three weeks, hoping that pent-up demand would be reflected in the bookings. It wasn't." Already buffeted by a surge in fuel costs after Iraq's invasion of Kuwait, travel companies watched in horror as air carriers' revenue-passenger miles for February plunged 26.8% internationally...
...major factor in its improvement over last year's play. Harvard went 3-4 over spring recess, a performance that gave the Crimson confidence going into the start of regular-season play. Last season, the Crimson suffered a disastrous 0-7 Florida trip which the Crimson could not rebound from...
...more pious New York Newsday, a city-oriented version of the dominant paper on suburban Long Island. While many plan to return, now that the News has union blessing, some advertisers have cut budgets in a slumping economy, and others are concerned about when, or if, the News can rebound to pre-strike levels. Its rivals, which raided columnists and the syndicated supplement Parade, have upped their combined circulation by 300,000. By some estimates, News losses were twice that. If past strikes are any indication, a sizable percentage of readers who got out of the daily habit will never...
...harder than other parts of the U.S. by the mobilization for the gulf war. Between August and January, while new-home sales fell at an annual rate of 10% in the Northeast, they fell 32% in the Southern states. Now the region will probably enjoy the healthiest rebound as many of the troops return Stateside filled with optimism about their futures and ready to invest in homes...