Word: boosts
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Dates: during 1960-1969
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During the week, the Defense Department also announced that 10,000 more men would go to Europe, boost the number of reinforcements for the Seventh Army from 40,000 to 50,000 since the Berlin crisis began. At his press conference, Kennedy took special pains to detail the buildup in U.S. military strength in recent months: a $6 billion jump in the armed forces' budget, a 50% speedup in the contruction of Polaris submarines, a 400% increase in production of the M-14 rifle, the calling up of two divisions...
...broad economic indicators in which businessmen put store, few can jiggle their pulses more than the state of consumer spending. Because what the U.S. public buys accounts for two-thirds of all spending, the consumer has only to shell out an extra 3½% to give the same boost to the economy as a 15% rise in business spending or a 21% increase in federal outlays. Last week it was disappointingly apparent that, in the general pageant of recovery, the consumer is still waiting in the wings, refusing to come onstage to make the show an unqualified hit. September retail...
...untill about four months ago, only Long Island had managed to escape this national disaster. Garden City, N.Y., bastion of decent food, boasted a chain of three hamburg stands (all of which, to boost the appeal of their product, were forced to serve their standard 1/4-pound burgers by means of model electric trains...
Money in Mufti. With smart bidding and shrewd economy, Avco's pretax profit margin has more than doubled since 1957. from 3.4% to 7.6%. "But you can trim costs just so far," admits Wilson. For the future, Avco intends to boost earnings by swinging into more profitable civilian goods, altering its defense-to-civilian sales ratio from the present 60-40 to 50-50. To help achieve this target, it is banking on a rise in industrial use of such products as its turbine engines and heat-shielding devices. "In our forecasts for coming years," says Wilson, "profit increases...
Coupled with rising personal income, that rate of profits should boost tax revenues to $92 or $93 billion in the next fiscal year. Accordingly, if President Kennedy can hold federal spending to the expected rate of some $90 billion, he should have little difficulty fulfilling his promise of a balanced budget in fiscal...