Word: boomingly
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Dates: during 1950-1959
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Other young Davy Crocketts in coonier coonskins around the U.S. have set off a resonant boom and what looks like the beginning of a free-for-all trademark squabble (see BUSINESS' The Wild Frontier) ONE sunny day last week a helicopter landed on the heliport atop the Sankei Kaikan, the daily newspaper Sangyo Keizai's building. Out stepped Edgar R. Baker, managing director of TIME'S international editions. Quickly, pretty Takarazuka girls presented him with a bouquet as thanks for TIME'S story about Takarazuka (in Music, Jan. 3), the city whose principal industry is innocent...
...layer of productive topsoil three feet thick that covers the warm lowlands around the busy port of Guayaquil (pop. 262,000). But because picturesque Quito (pop. 212,000), some 9,000 ft. up in the Andes, is the seat of government, it happily shares the fruits of the boom. Once slurred as the city of "100 churches and one bathtub," the capital now boasts new hotels, nightclubs, theaters. Around Quito, however, in the eroded Andean valleys that are overpopulated with 60% illiterate Indians, the economy is still sluggish. The Panama-hat industry, once a mainstay of the mountain Indians...
Detroit last week gave the nation a graphic picture of just how fast the 1955 boom is accelerating: the three millionth passenger car rolled off the assembly lines. In the industry's previous peak year (1950) No. 3,000,000 was not turned out until late June. At this rate, said General Motors Chief Harlow Curtice, 1955 "could well be the biggest passenger-car year in the history of the automotive industry." GM reported that April was the best month, and 1955's first four months were the best for production and sales of new and used autos...
...boom in European travel this year will be the greatest ever. Last week transatlantic airlines and shiplines predicted that they will boost last year's record haul by 10%, carry abroad more than 600,000 Americans who will spend upwards of half a billion dollars...
CEMENT SHORTAGE threatens to slow down the building boom in three key U.S. areas. The National Ready Mixed Concrete Association reports that the 95 producing U.S. companies cannot meet expanding demand because of severe shortages in New England, some Midwestern states and Texas, where a grey market has started in Houston, Dallas and Fort Worth...