Word: boomingly
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Dates: during 1950-1959
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...five years in prison and fined a staggering billion francs (roughly $3,000,000). After serving two years, he was let out but confined to the small southern city of Mende (pop. 7,700) in one of the most impoverished areas of France. Within months, Mende was a boom town. A telephone operator had to be hired whose sole job was handling Joanovici's calls to world capitals. His monthly phone bill ran to 600,000 francs; he spent 30,000 francs daily on entertaining; he contributed heavily to local sports and charities and was on the best...
...ahead in 1956). G.I. education boosted incomes enough, reckons the VA, to pay back its $14.5 billion cost in extra income taxes by 1970. Vets not only caught up on the old standard of U.S. living but became a mighty force in kicking off the postwar boom in consumer durables by founding the new suburbs, filling them with TV sets, home dryers, cars. Cartoonist Bill (Up Front) Mauldin, like many of his lesser-paid buddies, now treats himself to an air-conditioned car. "A few years of physical discomfort," he explains, "are a memorable experience." In final proof of their...
...filter boom caused the greatest shake-up in the standings of cigarette companies since 1927-30, when American Tobacco's George Washington Hill doubled Lucky Strike sales and bumped R. J. Reynolds' Camel from its traditional hold on the No. 1 spot. In 1958 the story was different. Thanks to their bestselling filters, Reynolds' Chairman John Clarke Whitaker, 67, and President Bowman Gray, 51, dethroned American Tobacco as the No. 1 company for the first time since 1941. Reynolds captured 28.2% of the market v. 26.1% for American...
INSTALLMENT-BUYING BOOM has lifted British economy in few months since government eliminated minimum down-payment requirements and banks started making no-collateral 5% loans to wage earners...
...clipping along at $453 billion annually, a new record, and industrial production was back up to 142 on FRB's index, only four points below the alltime peak. Where to in 1959? As usual, the forecasters see clearly for six months: a gradual, continuing recovery without explosive boom. Says Louis J. Paradiso, chief statistician for the Commerce Department: "1959 will be moderate. The graph will go back to saucer form. The momentum of the recovery will show a very good rate of increase in the first half, with the second half showing no acceleration...