Word: chartes
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Dates: during 1950-1959
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...night they have a blow-out--the ninety-nine cent steak at the Waldorf and a bottle of Vat 69. (Sometimes they buy a can of soy beans instead of steak; more protein for less money.) As the evening dwindles away, they sing camp songs and conjure spirts and chart their astrology from cryptic directions on a weight machine. Look closely, and you will see they have holes in their socks and need a man's deodorant, and the only think which sustains them is a vision...
...reached a phenomenal annual rate of $9 billion-may be over. The Commerce Department reported that while there was "no clear evidence that inventory liquidation is slowing," sales and production have steadied. The history of previous recessions shows that once sales steady, inventory liquidation comes to an end (see chart). Wholesale and retail sales moved ahead in April, are expected to show a slight drop for May. If they hold steady for a few months, economists hope that the cut in inventories will...
...indexes are 50. When the indexes drop below 50, it means the economy is contracting; when they rise above 50, the economy is expanding. The basic 21 are broken down into three groups called 1) the Leading Series, 2) the Coincident Series, and 3) the Lagging Series (see chart...
...drop again when summer vacations start taking effect. Yet there was enough of a general pickup to convince many a steelman that he should fire up idle furnaces, rehire laid-off workers. While steel's 1958 recession has lasted for longer than the drop in 1949 (see chart), it shows a close similarity to the slide...
...Wernick, is the vast increase in so-called "nonproduction" workers, which corporations often fail to take into account. Between 1947 and 1957, nonproduction workers increased by 1,400,000, or 55%, v. only a 125,000, or 1%, increase in production-line workers. Salary payments jumped even faster (see chart...