Word: boom
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Dates: during 1960-1969
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...time 1961 high of 734.91. The business pickup has been greeted by every name, from the grudging "seasonal upswing" to the barely restrained "boomlet" now used in an advertisement by staid Standard & Poor's. The economy's performance has not yet earned the title of boom-and may never-but no one is willing to minimize how far and how fast it will...
...stock market's 34% rise since last June. The only real concern that businessmen seem to have is about what lies ahead in the uncharted territory into which the rising economy is leading the U.S. "The important question is not whether we are moving into a boom," says Mark Cresap, 53, a onetime corporate planner whose long-range judgments lifted him to the presidency of Westinghouse Electric, "but what kind of boom it will...
After years of sticking strictly to farm machinery, Deere moved into chemicals in 1954, two years later entered the industrial-equipment field with boom-or plow-equipped industrial tractors that perform every task from stacking logs to burying telephone cable. The company began moving overseas in 1956, now does a $64 million business from eight plants abroad. Next month it intends to enter the consumer market for the first time with a 7-h.p. lawn and garden tractor...
...single-entry ledgers to computers, has trained a corps of crack salesmen and sent his technicians off to Beirut, England and the U.S. for training. Handling dealerships for such companies as Chrysler, Kaiser Jeep, Gulf Oil, Philco, Whirlpool and National Cash Register, Bader has ridden on Kuwait's boom. Last year his sales included 1,000 cars, 4,000 air conditioners (the Kuwait temperature goes up to 125°), three jet planes, and $600,000 worth of N.C.R. equipment. He is building two apartment projects and starting Kuwait's first quarry, has set up an insurance firm...
...sales in the nation's auto showrooms (April set another monthly record), 1963 is also proving a greenbacked year for the men who preside over the dusty, sunbaked used-car lots. Detroit watches used-car sales as closely as new-model sales in judging how long the auto boom can continue. The signs are encouraging: about four used cars are now being sold for every three new ones, and at least 13 million used cars will probably be sold in 1963. While used-car dealers can usually sell a "cream puff"-the car in good condition with a good...