Word: charts
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Dates: during 1960-1969
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...climb from its recession low of 102 in February last year to better than 120 by year's end. And forecasters have the comforting conviction that consumer prices will probably inch upward by only 1%, meaning that 1962's growth would be real rather than inflationary (see chart...
...managers, the computer in 1961 has become something much more than a way to mechanize paperwork. It has begun to solve management problems-to make economic forecasts, plan price strategies, direct production, chart distribution, analyze sales. By supplying management with information that was unavailable a few years ago. it narrows the executive's area of ignorance and broadens his area of decision-making influence, leaves less room for seat-of-the-pants hunches and costly fumbles. Says Chairman Thomas J. Watson of IBM. the world's biggest and most profitable manufacturer of computers: "Business is becoming a much...
...special goals and grind their own axes, ranging from respectable conservative politics and economics through segregation, anti-fluoridation, isolationism, higher tariffs and income tax repeal. Federal income tax, says Dr. Carleton Campbell, a veteran ultra who organized the recent Greenwich meeting, is "one of the steps on the Communist chart to take over a country" by taxing the middle class into impotence. "Our goal is to prevent world government," says Merwin K. Hart, president of the National Economic Council. "And we don't like fluoridation." "The United Nations," says Wichita Oilman Fred Koch, "was conceived by Communists in Moscow...
Fortnight ago, a Gallup Poll of Canada reported the Tories at their lowest ebb since their '58 sweep, and Nobel Peace Prizewinner Lester ("Mike") Pearson's resurgent Liberals sprinting ahead. The standings on Gallup's fever chart: Liberals, 43%; Tories, 37%. Way down on the chart with 12%, but making headway: ex-Saskatchewan Premier T. C. Douglas' New Democratic Party. It was formed last summer, on the rough model of Britain's Labor Party, by a marriage between the old socialist CCF Party and the 1,150,000-member Canadian Labor Congress...
...production costs in the U.S. are trending downward. Though some businessmen still find themselves in a wage-price squeeze, the Commerce Department's new index of wage and salary costs per unit of manufacturing production has been moving down since the economy started climbing back last March (see chart). Labor costs usually fall during the early stages of a recovery because production then increases more rapidly than hiring does, but this year's drop has been abnormally large...