Word: boom
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Dates: during 1940-1949
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...problem for 1949 was for the nation to do so, adjust itself to a boom which had changed its character. It was no longer chiefly based on scarcities and stored-up war demand, but on full employment, and replacement demand, shored up by enormous federal spending. Businessmen would have to cut their prices to a new pattern of shrinking markets in many lines; labor would have to recognize that decreasing employment would bring a sort of buyers' market there also. It might have to reconsider "fourth round" wage demands in the light of benefits from a drop...
...Turn. With its boom, the U.S. had high prices. Yet the notable event of the year was not that prices had scooted up to the highest peak of the postwar boom-as they had in midsummer-but that by autumn they had started to come down. U.S. businessmen who had been preaching to the world that production-and not rationing and controls-was the cure for inflation had finally shown the preaching to have the ring of economic gospel. The buyers' market swept in with old-fashioned price-cutting competition...
...rollicking Houston is still barreling along on its "hundred-year boom." It has 700,000 people (almost five times the number it had when Holcombe first took office), a $500 million chemical industry, and oil, cattle, cotton and wheat businesses totaling $750 million. It also has more than 100 resident multimillionaires. By 1980, it might, according to Lloyd's of London, bulge with 3,000,000 people. Construction this year will total a skyscraping $500 million. Downtown property is selling for $2,000 a front inch...
...turned faddist, and tried to turn Childs's customers into vegetarians. No more sausages with griddle cakes; no more rhubarb pie (someone had told him rhubarb was poisonous). Customers stayed away in droves, and the depression left Childs stranded with high-priced real estate and leases signed at boom-time rentals...
Harvard Square liquor dealers didn't feel a bust after the Yale-game Nale boom...