Word: slumped
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...virtually self- sufficient in the 1950s and 1960s has become increasingly dependent on exports for economic growth. Just in the years between 1986 and 1990, the number of Americans who produce goods for export jumped to 7.2 million from 5 million. Export-related jobs have grown throughout the economic slump, and they pay about $3,500 more a year than the average American job. If Kantor is successful in negotiating lower trade barriers, says Senator Max Baucus, a Montana Democrat influential on trade issues, he "will create more new jobs in America than any other Cabinet member...
...couple of injuries, and a lot of young guys had to fill in," Co-Captain Cody Church said. "We seem to be in a typical Harvard slump with midterms and other things happening, but these all poor excuses...
...teams will play a best-of-three series starting this Friday. Princeton and Harvard faced off in Bright on February 13 and Princeton skated away with a 3-3 tie/win--a precusor to Harvard's recent slump and the Tigers' surge...
...originally wanted to move the shelter off its property and into Central Square, a poorer neighborhood which has just started to recover from a two-decade slump. When residents learned that the university wanted to move the "wet" shelter--so called because it does not require residents to seek rehabilitation--from the isolated spot near MIT into their neighborhood, they got upset. And rightly so--wet shelters, when placed in a residential neighborhood, cause problems. Residents of these shelters often spend their days not in rehab but on the streets...
...global slump, Japan's automakers face increasingly tough, lean rivals. In the U.S., where total auto sales increased an estimated 1.5% in 1992 over the previous year, the once burgeoning Japanese share of the market has retreated slightly, to 30%. The strong yen and an attempt to inflate prices overseas to offset weak profits at home have made Japanese vehicles more expensive in the U.S. A mid-priced American-built car now typically costs $1,500 less than its Japanese counterpart. Another factor is that Japanese companies are weak in the light-truck category, where such vehicles as Dodge pickups...