Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Other industries were keeping up with the fast auto pace. Awards of construction contracts in 37 states for the first three weeks of January, reported the F. W. Dodge Corp., hit $1 billion, up 32% from the same 1954 period. Largely because of the boom in autos and construction, steel output was scheduled at 85.4% of capacity, best since 1953, and demand was so great that a mild grey market developed for some steel products. In the lead and zinc markets, buying was heavy as manufacturers hedged against price rises that might follow the recent boost in copper...
...boom in uranium? How long will it last? Last week, for the first time, the Atomic Energy Commission gave businessmen a dazzling glimpse into uranium's future. After "phenomenal development" in discovery and mining since 1948, said AEC's Raw Materials Chief Jesse Johnson, uranium prospecting, mining, milling and construction have become a $100 million-a-year operation. The U.S., which imported 90% of its uranium ore before the Korean war, may soon become the world's biggest uranium producer...
Actually, World War II and the postwar boom virtually gave the auto workers a guaranteed annual wage for the past 14 years (average pay last year: nearly $5,000). Now, with signs of a return to seasonal buying, they are fearful that the sharp seasonal ups and downs which harassed the auto industry in the prewar period will return. The bargaining will begin in April, though the U.A.W. contract with G.M. does not expire until May 29, with Ford on June 1, with Chrysler Aug. 31. Ford and G.M. are the key targets, and U.A.W. is sure to play...
DESPITE the biggest construction boom in U.S. history, the nation has notably failed to clear its slums...
Slum rehabilitation would give the current construction boom such a powerful boost that it would virtually guarantee a high level of building for decades. The Housing and Home Finance Agency estimates that the federal and municipal governments' share in the cost of slum clearance and urban rehabilitation would run at least to $24 billion. And for every $1 spent from public funds, HHFA estimates that private enterprise would spend $4 to $5. All told, 20 million urban dwellings need to be replaced or rehabilitated. Over a 20-year spread, the bill for public and private spending could reach...