Word: boom
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Dates: during 1950-1959
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...island's industrial boom, less spectacular than West Germany's, is in absolute dimensions far bigger. In the first six months of 1954 Britain's industrial production increased by 6½%. Between 1946 and 1953 British oil refineries have boosted production from 2,400,000 to more than 23 million tons; British steel production, up 5.4% this year, has reached 19 million tons a year-enough for Britain's annual production of 1,000,000 cars and trucks, about a quarter of the world's new ships, and well over half the total of Western...
Elsewhere in the economy, signs of the upswing multiplied. Rayon-staple mills were stepping up production to capacity, and rayon yarn prices were on the rise. Hardware sales were picking up, and the building boom showed no signs of slackening. House-building contracts in the 37 states east of the Rockies totaled $851 million in October, up 10% from September and a thumping 34% ahead of a year ago. As a measure of the overall business surge, electric power output set a weekly record of 9.4 billion kwh, up 11.4% from...
With the great postwar building boom, pension trustees are beginning to lend money on big office buildings, shopping centers and housing developments. Other companies are turning to well-paying corporate bonds to provide an increasing flow of new money for industrial expansion. While few companies invest in their own stocks (some even have specific rules against it), Sears, Roebuck has put 60% of its $600 million fund into its own shares, much of the other 40% into mortgages on its 696 U.S. stores...
Moppets who have been watching their parents build boats, houses, planes, and almost everything else in the great do-it-yourself boom (TIME, Aug. 2), are getting a chance to join in the fun. Do-ityourself is the big trend in Christmas toys this year, and children will be able to turn out everything from clocks and racing cars to model battleships. Toymakers are so sure do-it-yourself will be a yuletide hit, that they hope for sales of $1 billion in 1954 for the first time in history...
...sports-car boom has spawned dozens of kits. Doepke has put out a 50-part set that assembles into a realistic scale model of the MG; Ideal has a Chevrolet Corvette model kit for $4. For more ambitious builders, Revell has motorized its popular "Big Mo" battleship kit ($4.95) with a ready-assembled electric motor. William L. Gilbert Clock Corp. has an 18-piece set ($5.95) that can be made into an electric clock in a short time...