Word: boom
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Dates: during 1950-1959
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...island resorts have prospered more happily from the postwar tourist boom than the Bahamas, where last year 194,618 visitors-six times the 1949 total-enjoyed the other-century feel of picturesque streets, cheerful native servants, and dress-for-dinner luxury in a sun-washed tropical setting. Last week the pastel shops of Nassau's Bay Street were shuttered light at the height of the winter season, the colony's 16 major hotels were closed and empty. In a matter of days all but 24 of some 3,500 tourists fled home by cruise ship and plane...
Forecasting that the nation's economy will perk out of its present dumps and boom on to new peaks, the Administration estimated Federal income for fiscal 1959 (beginning next July) at $74.4 billion, with tax rates remaining unchanged. That would top 1958 income by $2 billion, and, as Ike promised beforehand, leave a budget surplus. But the black-ink estimate amounts to only $500 million, a mere razor's edge as sums in the federal budget go. And just to give the Administration some room to maneuver, the President asked Congress to lift the $275 billion statutory debt...
...estimated 13 million sets in use. In the past two months FCC has made 22 grants for new FM stations, and 47 more are under construction. Several, like WFLN in Philadelphia, WEAW in Evanston, Ill., have expanded to AM to make their outlets better-paying propositions. Biggest single FM boom is taking place in Los Angeles, which boasts, as of this week, 20 FM stations. Both Lincoln and Continental are advertising FM dashboard sets, and a fortnight ago Mutual Broadcasting System announced plans to acquire seven FM stations, the legal limit on single ownership. Boston's WCRB, which pioneered...
Down a good highway, 67 miles south of Tijuana, Ensenada (pop. 35,000) closes Baja California's boom triangle. Shucking off the mañana tradition, Ensenada laborers are working seven days a week to finish a $15 million deepwater port, a $3,500,000 cement factory and acres of new houses. Close to 4,000 workers are employed catching, cleaning and canning plentiful white sea bass, sardines, rock lobsters. A new cannery packs tomatoes and chili peppers grown on farms to the south. White-painted boats chug in and out of the harbor, carrying the guests...
Almost everybody in Baja California shares the boom's excitement. Said prosperous Mexicali Air-conditioning Executive Manuel Garcia Prieto: "My wife and I just took a long-delayed vacation in New York. We saw My Fair Lady and Long Day's Journey into Night and Tosca. We'd planned to stay two weeks, but at the end of the first week I suddenly felt strange. I told my wife: You'll think I'm crazy, but I want to go back to Mexicali. It's hot in the summer and dusty in the winter...