Word: boom
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Dates: during 1950-1959
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...opportunity for the economic betterment of mankind and the profit potential for private investors through a boom in foreign investment seem almost limitless. Congratulations on backing a much-needed conference...
...annual Conference on the Economic Outlook last week, 108 topflight experts assembled for one of the year's most important business gatherings and gave their forecasts for 1958. As usual, the opinions spread across the full spectrum. But while in past years the great majority saw nothing except boom on boom, this time the prevailing forecast was for a downturn-though a minor one. Of 68 conference members answering a poll on 1958 business, most agreed that business would slip a bit until well into 1958, with an upturn starting late in the year. Only five expected a steady...
...boom response to the Radcliffe Seminar program has created a need for a definite admissions policy to replace the "first come, first served" rule of the seven-year-old program...
...have lost some of last month's optimism." In many ways that was a hopeful rather than a pessimistic sign. The Federal Reserve has been battling with its tight-money policy to hold down overambitious businessmen, discourage excessive expansion and marginal operations. Having nipped the bubble off the boom with increasingly tight money, the Federal Reserve would now have to judge how much optimism has been quenched, and when it will start turning into business-cramping pessimism...
...TOURIST BOOM will bring record revenues this year for transatlantic airlines and shipping companies. From June through September, airlines lifted 459,500 passengers across Atlantic, about a 21% gain over same period of last year. During same peak 1957 season, steamships carried a near-capacity 496,000 passengers v. 481,000 in summer of 1956, and this September and October showed a 16% rise over last year...