Word: annually
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Dates: during 1960-1969
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...backed regime of General Humberto Castello Branco was obviously necessary. When War Minister Arthur Costa e Silva was elected President by Congress in 1966, Brazilians listened to his promise to "humanize" the bureaucracy, promote a "Year of Education" and declare war on inflation. He did manage to slash the annual rate of inflation from 40% to 25%. The nation's gross national product edged up by 5%. Brazil's trade in coffee, cotton and other agricultural products came into balance...
Many analysts expect a record 600,000 new apartment units to be started across the U.S. this year. Construction of one-family homes is also rebounding. Last week the Commerce Department reported that total private-housing starts rose to an annual rate of 1,598,000 units during September, the highest since February 1964. But apartments account for 40% of new housing so far this year, and Arthur Pomponio, president of the Apartment Association, insists that the apartment share will grow to 45% of all starts...
...continuing spending spree, reported the Commerce Department last week, swelled the nation's gross national product during the year's third quarter to a record annual rate of $870.8 billion, an 8% increase over the comparable quarter of last year...
...instead of going into bankruptcy, the Israelis are celebrating what they call a boomchik. Recently, in the midst of the Jews' annual Succoth harvest festival, Finance Minister Ze'ev Sharef officially hailed the end of the three-year economic downturn. "All signs show that we have finally overcome stagnation," he said. "There are no longer any real obstacles to our development...
Help from Rothschilds. The output of goods and services is running 14% ahead of last year's $4.1 billion pace, much better than the remarkable 10% annual growth that Israel recorded during the late 1950s and early '60s. Industrial production is up by about 30% from last year's $1.8 billion rate, and just about every other indicator is rising. Inflation, in the meantime, has been held to a manageable...