Word: clined
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...construction contracts awarded in October (see below). They topped the year before by 6%, the third monthly rise in a row, and set a new record for that month. Housing starts in October rose from September to 109,900, although they continued to trail last year. Said George Cline Smith, vice president and chief economist of F. W. Dodge Corp.: "This activity will help to ensure that the current business dip will be quite mild and of short duration, since construction is the nation's largest fabricating industry...
...aluminum engine. Machine-tool orders in June totaled $43.2 million, a $5 million increase over May. June contracts for new construction rose $135 million over May, to $3,472,276,000, reported F. W. Dodge Corp., building-industry analysts. Since most of the construction should start immediately, said George Cline Smith, vice president of F. W. Dodge, "the pickup in contracts in June should provide a powerful business stimulant...
...that "signs of an imminent recession are grow ing all the time and should not be ignored. There is no way to tell whether it will come in the last quarter of this year or the first quarter of next year," because of slackening business activity and the de cline in inventory accumulation. He was promptly challenged by Dr. Emerson...
Clipper Service. In Concord, Calif., James W. Brasher, 18, told police that he helped Barber Merrel Jackson Cline, 32, bomb another barber's nonunion shop after Cline promised him free haircuts for a year...
...week gazed upon the bubbling statistics of U.S. business, tried to discern exactly what they meant. Before the Joint Congressional Economic Committee, four top economists forecast that business activity in 1960 will certainly meet-and perhaps exceed-the rosy predictions made in the President's Economic Report. George Cline Smith, chief economist of F. W. Dodge Corp., and Peter Henle, assistant research director of the A.F.L.-C.I.O., agreed that Ike's forecasts of a national output of $510 billion in 1960 is right on the line. Martin R. Gainsbrugh, chief economist of the National Industrial Conference Board...