Word: boom
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Dates: during 1940-1949
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...have been since the days of wooden ships and iron men. Now, as 70 years ago, saws screech through oaken timbers and pine planking; middle-aged craftsmen, wielding adzes, cut keels so that they look as though they had been planed. U.S. yachtsmen and game fishermen set off the boom. They had discovered that Nova Scotians could still build stout, trim sailing craft, besides modern power boats-and build them cheap...
General Electric's Charles E. Wilson was inclined to feel the same way. There was no economic mandate, said he, for a bust to follow the current boom. "The reasons which underlie our inflation seem to have been more solid than we anticipated. ... It is difficult not to reach the conclusion, in the face of continued buying at high prices, that these prices are more strongly based, and the whole price structure less vulnerable, than was the case...
...amateur superintendents can even get an idea of how high the library will be when completed by looking at the 80-foot boom of the crane which, in an upright position, approximates the height of the building...
Despite the summer doldrums, a slump in good new pictures and the British tax scare (TIME, Sept. 22), some box offices were enjoying a brisk little boom on reissues...
...came from J. M. Mehl, administrator of the Department of Agriculture's Commodity Exchange Authority. The Board of Trade's margin requirements, raised only the week before, were still too low, said Mehl. He asked that they be doubled in order to "lessen the danger of a boom-&-bust situation...