11.   But the key will be whether the economic upturn can be sustained.

12.   Cost-cutting, downsizing and other efficiencies even in an economic upturn account for much of the bull market, he said.

13.   Downsized companies may lack the spare capacity they need to respond to economic upturns.

14.   Few analysts are optimistic that an economic upturn will restore the maquiladoras to their former vibrancy any time soon.

15.   He also said economic upturns in coming years could go a long way toward solving the problem.

16.   In contrast, in the United States an economic upturn normally leads rapidly to a surge in employment.

17.   In contrast, the length of economic upturns may be getting shorter.

18.   International investors either lowered the weighting of Peru in their portfolios or held tight, waiting for an economic upturn.

19.   Japanese stocks may continue their slide, led by companies that depend on domestic sales, as investors grow more pessimistic about the prospects for an economic upturn.

20.   Like other cyclical industries that usually gain disproportionally in economic upturns, the German chemical sector has cheered analysts with its rising sales and prices.