Word: boom
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Dates: during 1950-1959
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Britons were gobbling up too much of their own products, and sooner or later the law of economics would catch up with them. Macmillan conceived his peculiar problem to be "to moderate the boom...
...boom headed for a sharp upturn or a slide? For months the question has split official Washington. One faction, which includes President Eisenhower's Council of Economic Advisers, worried that business was slowing down, kept a wary eye on such soft spots as autos and farm prices. But the Federal Reserve Board leaned in the opposite direction, convinced that the boom was still picking up speed so fast that it might get out of hand. Last week the Federal Reserve governors decided it was time to put more checks on credit and industrial expansion. With a flourish...
...TRAVEL BOOM pushed American Airlines to a new world's record last year. The totals: 7,300,-000 passengers carried, a 100% gain for American since 1950, and the first time any airline has carried more than 7,000,000 people in a single year...
Once, consultants were little more than efficiency experts with a fancier title. Today the management consultant tries to be a hired superman: a co-strategist, talent scout, policy adviser, hatchet man (to chop down executive deadwood), naysayer and new-business finder. In the postwar boom the consultant business (2,000 firms grossing more than $400 million annually) has grown faster than ever, as industrialists, facing the largest opportunities (and pitfalls) in history, have looked for experienced guides for mergers and for diversification...
...tycoon (TIME, May 24, 1954) who bosses an empire of companies with assets of about $400 million. Against him was Francis Murray Patrick McMahon, 53, multimillionaire Canadian who began as a $4-a-day driller and rose to be a leading operator in Western Canada's spectacular oil boom. The big stake in the contest between them: a franchise to build a $350 million pipeline to carry Western gas 2,200 miles to the cities of Eastern Canada and the U.S. Midwest...