Word: briskness
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Dates: during 1960-1969
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...Washington, D.C. Through the deserted lobby of the Shoreham Hotel moves an elderly man with a brown cane. He sets out at a brisk pace into the morning mist that still mantles Rock Creek Park. His shoes are scuffed, his trousers baggy, his shirt frayed. He is alone, and he is happy...
...businessmen believe the economists are too gloomy, and not only because executives often think it is good business to be optimistic. Housing starts have risen 30% from the recession low of early 1961, are now booming along at an annual rate of 1,500,000. Auto sales are brisk, if not so brisk as in 1955. Government spending is rising, if not so fast as a few months ago. Says RCA President Elmer W. Engstrom, whose company enjoyed record first-half earnings: "In the experience we are having, the economy continues to be good. But we sense...
...other bankers and economists argue that the brisk trade in Eurodollars has had at least two beneficial results: 1) it has helped meet the growing demand for trade credits among Western nations; 2) it has discouraged foreign banks from converting their dollar balances into U.S. gold, and thus has eased the drain on Fort Knox. The Eurodollar, most experts agree, will gradually disappear if U.S. interest rates rise to European levels, or the U.S. payments deficit ends...
Slightly farther from the Square (about two to three hours driving) are beaches in the nearby states of Maine and Rhode Island. The water is cold but brisk in Old Orchard and Ogunquit Maine, and Narrangansett, Newport, and Misquamicut, Rhode Island have fine swimming facilities...
...deferred investment; abroad it often takes the form of cashing in dollars for U.S. gold. The U.S. obviously has not yet done enough to solve its balance-of-payments problem, but few solutions are likely to work over the long run unless the U.S. economy is growing at a brisk rate and U.S. businessmen feel ready to take on the world-in trade rather than...