Word: gainsbrugh
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...whether prices will go up or down. Last week at their annual meeting in Atlantic City, the purchasing agents arrived at a verdict of "cautious optimism" about business. Though few saw a sharp rise ahead, even fewer saw any reason for gloom. The majority agreed with Economist Martin R. Gainsbrugh of the National Industrial Conference Board, who saw signs of a modest business upturn in the second half of 1957. Said Gainsbrugh: "Total business activity is considerably stronger than would appear from a quick glance at the figures...
...Montreal last week, members of the American Statistical Association met to size up the economic future. The consensus of the delegates was that a mild business upswing will soon take place. Declared Chief Economist Martin Gainsbrugh of the National Industrial Conference Board: "The current plateau in business activity is not the prologue to stagnation, but rather a promising first act in the American drama of further sustained expansion...