Word: boom
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Dates: during 1950-1959
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...year, only 3% of the total mower market. Now, more than 100 companies are in the business and power-mower sales are running at $100 million a year, about half the total market. (Among the leaders: Reo Motors, Jacobsen Mfg. Co., Toro Mfg. Corp.) The twofold reason for the boom: 1) suburban population has soared 40% since before the war (v. a 12% rise in the cities) and 2) the cost of hiring someone to cut the grass has climbed so high ($1.50 to $2.25 an hour) that the average power lawnmower, at $150, will almost pay for itself...
...hurried to Chicago, buoyed by a strong old man's fierce pride, strutted five blocks through heat and applause, and girded himself to grasp the ultimate prize. Then, with cruel suddenness, the prize was snatched away. The Stevenson boom had never really died; when Barkley invited some labor friends, among them the C.I.O.'s Walter Reuther and Jack Kroll, to a friendly breakfast, they carelessly told him the awful truth...
...same thing happened last year, when Abbott budgeted for a surplus of $30 million and finished the year with nearly $1 billion to spare. Chief reasons for both surpluses: the Canadian business boom and the government's avoidance of direct price and wage controls (insisting, until recently, on strict credit controls...
...other man to transform the Bonn Republic from the status of a defeated enemy to the role of a needed friend. As the civilian successor to U.S. Military Governor Lucius D. Clay, McCloy injected $1.15 billion of U.S. economic aid into the emaciated German economy, helped spark the industrial boom which has restored West Germany from rags to comparative riches...
Dreaming up new ideas in the bathtub, and sketching them out on the backs of envelopes during his frequent preaching trips, LeTourneau got set for the peacetime construction boom. But he was in too much of a hurry. He installed new transmissions, differentials and drives in his equipment, put the new machines on the market before all the bugs had been removed. The company went $6,000,000 in the red. For a time, LeTourneau spent $100,000 a month merely servicing machinery that had broken down. But at length he perfected his new devices, and dug his way into...