Word: boom
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Dates: during 1950-1959
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...biggest boom in U.S. history, there has been persistent worry (some of it real, some purely political) about the small businessman. Last week the U.S. Government's Small Business Administration brought out a fat (200 pages) report that eased the genuine concern and flatly contradicted some of the political talk. The facts: small businessmen* have indeed lagged behind big industry in the boom, but they are catching up fast...
Another 26 Minnesota industries, accounting for 25% of the state's industrial labor, would directly benefit from liberalization of tariff laws. For instance, manufacturers of mining drills could, with tariffs off, sell more of them in the oil boom areas of central and western Canada...
...Adnan Menderes with the proposition. The Russians had put both of them on a very hot spot: no country is more thoroughly anti-Communist than Turkey, yet the businessmen of Turkey and the public would take it hard if such golden gifts were rejected at a time when a boom is dangerously stalled for lack of capital...
Prices are still low in Spain. More than 250,000 U.S. vacationers are expected this year, v. 50,000 in 1953, when Ralph Reed persuaded the Spanish government to join American Express in a travel promotion program that touched off Spain's tourist boom. Palma de Majorca, in the Balearic Islands, is still the top tourist attraction, but the coves of Spain's Costa Brava and Malaga's sandy beaches will pull thousands of American sun worshipers...
...economy sounded more optimistic last week than at any time since the year began. As the first quarter ended, New York's Guaranty Trust reported in its monthly survey that businessmen had virtually stopped talking about a slip in business, more and more were talking about a "boom already set to start rolling again." In Washington Commerce Secretary Sinclair Weeks said that business activity was hitting a pace undiminished from the record rate reached in the final 1955 quarter, with chances "better than even" that '56 business would top the previous year...