Word: boosted
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Dates: during 1950-1959
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...still has the problem of France's inflation-tilted economy. Since his domestic austerity program calls for ending costly commodity subsidies, many prices-starting with the price of bread-are headed up. Steelmakers have announced plans to raise prices 4.5%, government employees are pressing for a 10% pay boost. Taking to the radio, Economist Gaillard called for more civic spirit and warned that "if labor and management insist" on such demands, "they will be defeating all our efforts. Our defeat will be theirs...
Business coverage in most dailies chronically lacks space and manpower. On business developments of major national significance, such as a raise in interest rates or a steel price boost, business editors seldom interpret or supplement a Page One wire story by interviewing the bankers, economists, labor leaders who can give remote decisions local dollars-and-cents impact. One reason is that business news is frequently entrusted to a shaky old hand or an untested new one. "Being assigned to business," sniffs a Phoenix reporter, "is like being made dog editor." City editors too often agree. Thus, on a big local...
Spruce feels no sense of restriction because most of his painting is limited to Texas landscapes, believes that "it's important for the artist to have roots," and that "his duty is to communicate." Contrasting the painting in the East and in Texas, which Texans are trying to boost as one of the principal art centers in the U.S., Spruce says: "It is important that a painting at least represent something that is understandable. An artist can be very personal, as I am, and very imaginative and still deal with the intelligibly visible world. Some artists who live...
...forecasters were taking an optimistic view of the second half, said Chicago's Federal Reserve Bank, because of the economy's natural pattern of growth and several specific expectations. Among them: an auto upsurge when 1958 models come out, a rise in residential construction, a retail-sales boost as rising personal income sparks a gain in consumer spending, a rebuilding of stocks following inventory adjustment...
Priced at $169.95, modest enough to tickle the fancy of the 6,000,000 U.S. families who take home movies and tempt the pocketbooks of the 43 million others still outside the market, the new camera is counted on to help boost Bell & Howell's sales volume from $45.6 million in 1956 to more than $50 million in 1957. By week's end even that prediction looked conservative. In the rush to buy the new camera, many of Bell & Howell's 8,000 dealers were sold out the very first day. The Chicago home office went...