Word: elevenfold
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Dates: during 1950-1959
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...hold back the spread of older gadgets and conveniences, said O'Brien. Refrigerators, now nearing the saturation point in homes (90%), will approach 100%; use of electric ranges and water heaters will almost double; home freezers will triple; clothes dryers will nearly quintuple; room air conditioners will increase elevenfold, and television receivers will go up from 28 million to 66 million, of which 44 million will be color sets...
Cause for Complaint? Though it took no position on foreign-trade policy, the National Electrical Manufacturers Association, in a 240-page report, told of stiffening competition from abroad: imports of electrical machinery and equipment increased elevenfold between 1939 and 1952, while exports only quintupled. In the first six months of this year imports increased by 50%, v. an export gain of only 9%. But the dollar figures showed that the industry has small cause for complaint: U.S. exports in 1952 totaled $616 million, v. imports of $27 million. And imports are still only a tiny fraction of domestic output (about...