Word: dropping
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Dates: during 1940-1949
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...sight. There were plenty of signs of the boom's end, he told the Mortgage Bankers Association in Manhattan, "in the slackening rate of increase in spending, in the slower rise in prices and wages, in the halt of the increase in bank credit, and in the drop in the net export surplus...
...this mean that a serious recession was in sight? No, said Slichter. He doubted that many prices would ever drop far toward prewar levels. Any drop in business spending, he thought, would be quickly made up by a rise in buying by consumers and by state and local governments which still have "great [unfilled] needs." Never had there been a boom of comparable magnitude "accompanied by less optimism and less speculative buying." Even after three years of it, the country as a whole is still in a "remarkably sound position," although eventually there will probably be a price adjustment. Slichter...
Some figures still favored the more optimistic prophets. In the second quarter, reported the Department of Commerce, the national income reached an annual rate of $221.4 billion, $18.9 billion higher than the 1947 rate. Despite the drop in farm prices, the Bureau of Agricultural Economics estimated that farmers' actual purchasing power would remain twice as high this year as in 1935-39. It looked as if the boom, however long its life might be, still...
...Toronto, where Oliver Twist had been showing for three weeks, the theater manager noted little comment against Fagin, no unfavorable publicity, no effect on business. The Toronto Jewish Congress called on Rank representatives to complain, but later decided to drop the matter. "We feel," one was quoted as saying, that an Englishman has just as much right to complain about Bill Sikes." Could Rank quiet the din by reshooting some scenes in the $1,600,000 picture? It seemed impractical; there were too many shots of Fagin, and some members of the cast had scattered. Last week Rank announced that...
...number of men living in the College above last year's all-time peak: the graduation of many married students formerly living outside the College, the invulnerability of men for draft during their current year, and the discontinuance of enforced commuting. Coupled with less important changes such as the drop in the mortality rate, these shifts have brought about temporary housing of Freshman in the gym and placed extra men in rooms throughout the College...