Word: boom
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Dates: during 1960-1969
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...Limits. Even before the French veto, U.S. investments in the Common Market had begun to slacken, largely because Europe's boom has sagged somewhat and investment opportunities are fewer. Now that Britain's rejection cuts down the size of the potential market, many U.S. firms that might have made the trip to Europe are sure to reconsider. The Europeans do not seem seriously bothered by this possibility. France has clearly shown that it wants to limit U.S. investment. The West Germans and even the usually accommodating Dutch have already started making it more difficult for U.S. businessmen...
...boom in sales of 1963 model cars has been noted and acclaimed for its major effect on the U.S. economy. But relatively little notice has been paid to an even more impressive performance in the truck industry. In 1962 truck sales in the U.S. hit 1,030,000 units-the highest since Korean war scare buying pushed 1950 to a record-and orders are coming in so fast that 1963 promises to be even better. Times are so good that not one of the nation's 23 truck manufacturers failed to show a profit last year...
...neighbors. "Regional economic systems are the wave of the future,'' he says. "It is natural, therefore, that Japan should be interested in strengthening economic ties with her Asian neighbors." Hopelessly isolated from joining any of the world's common markets and aware that its phenomenal economic boom cannot last indefinitely without wider trade, Japan desperately needs prosperous neighbors to buy her sophisticated products. She already sends 33% of her exports to Southeast Asia. But to make Asians really big two-way trading partners, Japan must put her money into Asian industry...
...even as they criticize, these clerics note that since the church-going boom ended, the nation's great religious bodies have begun to face up to realities. Many pastors believe that their churches will be more relevant, and accomplish more good, with a committed core of true believers. "The church is moving inward," says Dr. Blake Smith, pastor of Austin's University Baptist Church. "There are a great many experiments, little trailblazers, to rediscover the reality that lies beneath the outward structure...
...best-kept secret of the curious world of American publishing is that this country is in the middle of a modest literary boom. It is not a renaissance; the ages preceding this one have not been shamefully dark. Nor is there now any blinding coruscation of genius. But there is a gentle swell of hope and good prose...