June 19, 2008
Bottled water: An article in Business on Wednesday about a slowdown in bottled-water sales misspelled the surname of the brand manager for the Pur water line, Bruce Lux, as Letz.
May 28, 1989
"Houses last year sold in less than 30 days. Now you're looking at 90 to 180 days at least." --Sherry Powers, a real estate agent in Mission Viejo, on the slowdown in sales of single-family houses in California last month.
September 2, 2006
AS a producer and creator of special-edition DVDs, I couldn't help but read with some amusement the whining and clucking of studio executives over the slowdown in the growth of DVD sales ["A Blue Period for Hollywood?," by Rachel Abramowitz, Aug. 29]. To read quotes calling high DVD sales "the old reliable standard" or claims that it's "always been this catchall," you would think they were bemoaning the loss of a decades-old institution, not a recent bonanza they've only experienced for the past six years or so. If the slowdown translates into more thought and less waste, then in the long run it bodes well for the film business.
May 26, 1989 |
The nation's economy grew at an annual rate of 4.3% during the first three months of the year, well below the 5.5% estimated a month ago and far slower than analysts had expected, the Commerce Department said Thursday. And excluding the farm economy, which rebounded briskly from last year's drought, economic expansion was only 1.8%, down from the 3% reported earlier. By contrast, the non-farm economy grew 3.5% in the last quarter of 1988. The slowdown in reported growth had little impact in financial markets Thursday, as the Dow Jones industrial index fell by barely more than a point.
February 18, 1986
SFE Technologies, citing the overall slowdown in the electronics industry, reported a widened loss of $2 million, or 32 cents a share, in the first quarter ended Jan. 24. In the same quarter the year before, the company lost $869,000, or 14 cents a share. SFE's sales declined 28% to $10.7 million. The San Fernando-based company makes ceramic electrical capacitors, devices that store electrical charges, used in computers and telecommunications equipment.
June 18, 1985 |
Data General will reduce its worldwide work force by 1,300 and shut down U.S. manufacturing plants for five days this summer because of a weak computer market, its president said Monday. Meanwhile, in Palo Alto, Hewlett-Packard announced Monday that it will close most of its U.S. facilities during the already short Fourth of July week and ask 84,000 workers to take three days off--paid or unpaid. At the same time, two smaller semiconductor firms, Raychem Corp.