Word: spur
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Pent-up demand for housing, combined with cheaper and easier credit, will spur more building. Heller predicts an increase in housing starts to an annual rate of 1,700,000 in early 1971, up from 1,430,000 in August. Defense spending will continue to fall, and apart from the special case of steel, manufacturers will not rebuild inventories as swiftly as in past recoveries because they did not cut stockpiles much during the recent downturn...
...stepped onto West German soil, they knelt on the runway to say a prayer of thanksgiving. While the airliner was refueling to resume its interrupted flight, another of the passengers, a 31-year-old East Berlin engineer who had had nothing to do with the hijacking, decided on the spur of the moment to capitalize on his good fortune and defect from the Communist world...
Subsidizing the Mortgage. To spur sales of houses, developers in Southern California, Texas and Michigan have adopted gimmicks that temporarily reduce mortgage rates and thus cut monthly payments of buyers. At the new town of Valencia outside of Los Angeles, Builder Don Bren sold $1,000,000 worth of homes in three weeks; for three years, his customers will pay only 6% interest on their mortgages, instead of the 8½% to 9¼% rate prevailing in the area. After the three years, the owners must refinance the loan. The refinancing could involve lower interest rates than at present...
...freshmen, only 16 dropped out, mostly for lack of adequate day care for their children. Typical of those determined to graduate is Evalyn Shaw, a black woman who dropped out of school after the ninth grade and is now over 50. As a C.H.S. sophomore, Mrs. Shaw helps spur high school students toward college and personally hopes to become "the Grandma Moses of education...
...Diego's new eleven-course program will probe the status of women in comparative cultures, in literature, in sex and in "self-actualization." Key subjects for discussion will include the Women's Lib movement and U.S. education's alleged failure to spur women to pursue intellectual careers. Conceived a year ago by 15 women students and teachers, San Diego's program breezed through the school's male-dominated academic senate last month. In fact, says one planner, "We received more resistance from women who didn't feel the program was needed." One hitch...