Word: billioned
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Dates: during 1950-1959
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Gross national product will pass a rate of $500 billion early in the year and probably hit $525 billion before 1960 ends. It should reach $700 billion by 1970, predicted Emerson P. Schmidt, research director for the U.S. Chamber of Commerce...
Plant expansion will bound back to the 1957 record rate of $37.8 billion and could show a "startling" 30% jump to a rate of $43 billion by the end of the year, said William F. Butler, vice president of the Chase Manhattan Bank...
...number of stockholders is now bigger than the number of factory workers. One in every four U.S. households gets a dividend check or checks v. one in seven only seven years ago. To keep the checks going, U.S. corporations are declaring dividends at a rate approaching $14 billion a year, against $9 billion...
What makes Hallmark's size all the more impressive is that it comes in a field that, for all the bunnies and babies and Santas smiling up from its cheery face, is as ruggedly competitive as any business in the U.S. With some 290 firms turning out 5 billion cards each year, for every event from the cradle to the grave, a special kind of genius is needed to grab off about 30% of a $288 million market. Hallmark's boss abundantly has that genius...
...Gross national product has leaped from $4.9 billion to $13 billion in ten years, with a 6% increase in fiscal 1959 alone...