Word: boom
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Dates: during 1940-1949
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...Plan meant that the export boom was not going to collapse; foreign nations were going to get the cash to keep the boom going. The U.S. hoped that with the European Recovery Program other nations would get on their feet again, and by their own production close the gap in foreign trade. Result: those in the U.S. who had patiently held off their buying, waiting for the drop in exports to ease the pressure on prices, had to jump back into the market...
Ever since the war's end, the nation's universities have been staggering under an ever-increasing load of students, realizing full well that the classroom boom is not only a temporary bull market brought on by the G.I. Bill, but evidence of a growing college population that has just been speeded up by it. Yet the problem of handling the great influx has only recently received careful study. President Truman's Commission on Higher Education, appointed in July, 1946, issued a report--the first of six--on December 15, in which it firmly faces the future of American colleges...
...boom? Bigger than ever, said the Federal Reserve Board last week. Following the summer slump, FRB's production index (1935-39 average: 100) had climbed to a postwar peak of 192 in November...
Businessmen were not too worried. FORTUNE'S semi-annual poll of 28,200 top executives found some 60% expecting the boom to continue at the present level or even higher in 1948. Only 37% expect a moderate downturn (last May 74% expected a slump by year's end). Some 90% expect to keep their present payrolls or boost them. Almost none expects to lower prices in the next six months...
...biggest factor in setting interest rates on all forms of business loans, Federal Reserve's action will tend to force up all interest rates. This was a gesture to those who have complained that its failure to use all its powers to curb credit is letting the boom get out of hand. Credit would not be tightened much by the move, but it was a starter...