Word: boom
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Dates: during 1940-1949
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...this meant that automen had to keep a sharp lookout too. Their suppliers-processors of steel, lumber, textiles, etc.-are pretty well covered on their raw material needs into the first quarter of 1941. But if pressed too hard by a booming auto industry these suppliers might suddenly decide that the twin-motored Defense and consumer boom is heading them into inventory trouble-trouble, for once, on the short side. In that case, they might all jump into the commodities markets together, attempt to stock up for capacity operations through the end of 1941. Such a forward-buying movement would...
...forge an armaments industry from its steel mills, foundries, machine shops and technological resources, the U. S. started a business boom. Behind all the flag waving, the boom's most striking feature has been the way it has awakened the capital goods industries from their ten-year sleep. But this awakening has also generated new national income, caused a major revival in nonDefense, consumer industries as well. Item: department store sales for August were 11% above 1939. Item: residential building was 20% above 1939. Item: retailers in general, to reload their emptying shelves, have been in an almost panicky...
Last week, therefore, Detroit was once more motor-pacing the economy. Its 1941 models (see col. 3) were leaving assembly lines at the boom rate of 100,000 cars and trucks a week. Production men strove to keep up with dealers' orders. Dealers' used car stocks, which ended nascent auto booms in 1937 and 1939, were in the healthy neighborhood of 500,000-not too high. It looked like the start of a banner year...
...area, had been hit. On British ports had fallen 17,000,000 pounds of bombs, and 700 raids had concentrated on airdromes. The British, for their part, admitted some damage to factories. But they claimed that plants planned by farsighted Marshal of the Royal Air Force Hugh Montague, Viscount ("Boom") Trenchard were just now getting into full production, so that the net loss was nil. Somewhere between the two opposing claims lay the truth...
...templed Minister Hanner, a 34-year-old onetime agnostic who got religion by acting in amateur dramatics with the First Unitarian's Gannett Players, began the practical application of his charge. The place: Nantucket's Second Congregational Meetinghouse, built in 1808 at the height of the whaling boom and so well endowed that it even has a special fund to keep its dome gilded in perpetuity...