Word: boomingly
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Dates: during 1950-1959
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...pressures in the past, was keeping a close eye on the market place last week. Government economists pointed out that price increases for competitive consumer goods, a natural phenomenon in a humming economy, tend to check inflationary tendencies. Moreover, the increase in U.S. productivity is keeping pace with the boom. At week's end, however, the Federal Reserve Board was reported ready to raise the rediscount rate, for the sixth time in 17 months, to a uniform 3%. The aim: to ease down on the boom before it gets out of hand...
Helping Hand. Not every segment of the economy is sharing the boom. Farm income, which was running at the annual rate of $11.6 billion in the first six months of 1956, trailed 13% behind 1952, largely as a result of the long-standing farm surplus problem. But the farm picture has been growing brighter. Though farm prices weakened slightly over the past month, they have surged 11% above the December 1955 low point; soil-bank aid will plow an additional $225 million into the farms by fall...
SMALL PLANE BOOM pushed U.S. exports of light (up to 6,000 lbs.) civil aircraft 25% over last year's level in first half of 1956. Planemakers expect to sell nearly 900 light planes abroad for a total of $10.5 million...
...Then, in 1949, Wildcatter Glenn McCarthy dared to go deeper, brought in a well from between 7,000 ft. and 8,000 ft. But McCarthy did not follow through. Not until lesser-known Wildcatter E. C. Scurlock brought home a deep payload late in 1954 did the Pierce Junction boom begin...
...impression conveyed last week by two English ministers, in a group of ten exchange visitors traveling in the U.S. under the auspices of the National Council of Churches and the British Council of Churches. "I am wondering whether the church in America is not frightened by this boom in religion." said Canon Hartley A. Wareham. Vicar of Linthorpe. Middlesbrough. Yorkshire. "The fantastic interest in church building, church attendance and education is a strange, alarming phenomenon about which we must not be cynical. It is difficult for us people of the United Kingdom not to be cynical about it ... Each...