Word: glut
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Dates: during 1940-1949
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...airplane building. But his further assertion that the industry, given a six months' start, could produce 500 pursuit planes a day had long since been dismissed as fantastic. For, even if that rate could be attained, nobody would know what to do with such a glut, 150,000 fighters a year...
...Dealers wanted more capacity, and wanted it fast. Steelmakers, fearful of a post-war glut, did not. The New Dealers had already detonated one study on the necessity of expansion-Professor Melvin de Chazeau's, calling for 8-10,000,000 more tons. Last week they exploded another; a study by their unofficial National Economic & Social Planning Association foresaw a 1942 increase of 18,000,000 tons in Britain's needs alone...
...December 1939 to a dispirited 102 in April. In June the Index was back up to 114, and continued advances of basic industries in July indicated that it was rising towards 120. Whenever this happens, businessmen who have been burned before begin looking for signs of an inventory glut, wonder how long the recovery can last. But last week they saw few signs of an inventory glut. Production was not piling up in warehouses; it was being consumed. That meant that the production recovery still had a green light...
...week was a purely domestic problem: how to get their domestic supply in hand. For months the U. S., which last year produced 62% of the world's oil, has turned out more gasoline than it can sell or use. Last week's tabulation set the inventory glut at 102,452,000 bbl., up an astonishing 44% from last year's none-too-low September bottom, down only .4% from a record top the week before...
...analysis of South American economics, politics and states of mind is based solidly on a vivid air view of the continent (its great mountains isolating nation from nation, slowing trade and intercourse), on a perspective of 400 years of feudalism (the conquistadors having had, unlike North American pioneers, a glut of Indian manpower from the first), and on a good deal of shrewd observation on the ground. He succeeds better than most previous writers in conveying the fact that "our national individualities are shockingly different," and in what the differences consist...