Word: boomingly
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Dates: during 1950-1959
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...video boom is far more than Europe-wide. At latest count, the U.S. Information Agency reports a total of 417 TV stations and 15.5 million receivers in operation in the free world overseas (i.e., exclusive of the U.S. and Canada). By year's end, estimates the USIA, headlong expansion will push the figures to 537 stations and 25 million receiving sets. In the Communist bloc, television is burgeoning almost as rapidly. Red countries are now estimated to have 87 stations, are expected to add 28 more during 1958; they have nearly 3,000,000 receivers...
What happened to autos, say the manufacturers, is essentially the same thing that happened to other consumer durable goods such as refrigerators, home freezers, TV sets, home washers and dryers. All were riding the boom-time surge in consumer credit as families tried to catch up on buying held back by World War II and Korea. This year the buyers finally caught up. Autos, along with other big-ticket items, were bound to slow down as debt-burdened consumers decided to hold off and pay their bills. After increasing 23% in 1955, installment credit increased only 10% in 1956, another...
...most part are now unemployed. Even supposing that a cut did release a greater proportion of current income for consumption purposes, it is doubtful that this money would in fact be spent. Most likely it would be used to meet outstanding credit obligations assumed during the past boom, or possibly it would be saved in fear of continued economic uncertainty...
...prime rate for industrial loans is still at 4%, only ½% below the boom's peak, and keeps all other rates high...
SMALL-PLANE BOOM will lift industry to peak profits this year. In first quarter, Cessna Aircraft enjoyed most prosperous period in 31-year history, saw after-tax earnings jump 86% over a year ago to $1,586,000. Beech Aircraft's earnings climbed to $907,500 from $756,000 in last year's first quarter...