Word: annually
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...years as president (1935-50), then chairman (1950-56) of Chrysler Corp.; of a heart attack; in London. "K.T." always referred to himself as "a machinist by trade," and so he was, winning Chrysler a reputation for superior engineering although he had never won a degree, increasing annual production to 1,000,000 cars by 1949 and making the company the nation's No. 3 automaker. At the start of World War II he was asked if Chrysler could make tanks. "Sure," answered K.T., "when can I see one?"-and in little more than a year Chrysler was producing...
...Detroit's automakers-except for American Motors Corp., which has been beset by declining sales, growing financial troubles and, most recently, an alarmingly oversized inventory. American now has 93 days' car production unsold, against a current industry average of 45 days. At the corporation's annual meeting next week, stockholders will hear about slightly lower sales ($991 million in 1965 v. $1 billion in 1964), greatly reduced earnings ($5,000,000 v. $26 million), and a shrinking share of the auto market (currently 3% v. a high of 6.42% four years ago). Detroit is seriously worried that...
What ½% Means. This pessimism may seem to conflict with the Commerce Department's report last week that housing starts jumped 14% from November to December, to an annual rate of 1,746,000. But almost all of those starts had been firmly planned for months before the Federal Reserve Board increased the price of money. In 1966, predicts Walter Heller, former chairman of the President's Council of Economic Advisers, the increase in interest rates will cut housing back to a point even below last year's disappointing 1,500,000 starts. Federal Reserve Board Governor...
...peace came to Western Europe, and the Continent's postwar economies have reached a high measure of maturity. They continue to grow, but not nearly at the breathless rate of a few years ago. Western Europe's economic growth rate in 1964 raced along at a 5.6% annual pace; last year it slowed to 3.5%. In 1966, by most estimates, it will slow down further, to somewhere between 3% and 3.5% . Little if any of this trend can be attributed to consumers; the cause lies in conscious and calculated policies for mulated by governments fearful of inflation...
...lengthening of the Congressional term of office will provoke reverberations of the old Jeffersonian belief that frequent elections are the best guarantee against tyranny. But in an age of mass communications and sophisticated means of sampling public opinion, annual or biennial elections are no longer necessary to determine the public will. The gentleman legislators of Jefferson's day could campaign at leisure between brief sessions; today's Congressmen have to steal time from heavy schedules in the capital to campaign strenuously in their districts...