Within months of his election, however, the stock market crashed, and the nation's economy spiraled downward into what became known as the Great Depression.

WHEN Richard and Doris Sugarman arrived in Hartford in 1989 the region's economy was spiraling downward.

A11 Growing instability in Argentina is feared with next month's presidential elections unlikely to produce a clear-cut winner and the economy spiraling out of control.

The economy spiraled downward until the banking system began a complete nationwide shutdown as Hoover's term ended.

Negotiations between Russia and the I.M.F. over a second large loan have been in deadlock, while the economy spirals dangerously downward.

Analysts said Mr. Greenspan seemed intent on signaling that the economy was not spiraling downward.

The Soviet President's critics asked whether a referendum might only delay effective economic remedies and increase the crisis as the economy spirals farther downward daily.

The economy spirals downward, scattering thousands of refugees, and fears of instability sweep through the region.

With no fuel vehicles could not run and the economies of the world spiraled downward into depression and massive unemployment.

Now, however, as the economy spirals downward, his Parliament is beginning to question further reforms.