Word: grossness
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Dates: during 1960-1969
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...auto sales should run about 11.5 million cars, far above the record-breaking 9.3 million of last year. Predicted one Ford official: "At constant car prices, dollar sales of new cars will increase at a compound rate of 4.2% per year, faster than the growth we project for the gross national product...
Building Bridges. The U.S. must help new nations, he said, but added wisely that economic aid is "futile unless the country in question is resolute in making the primary effort itself." Communist subversion of new nations is always a threat, but McNamara vowed soberly that "it would be a gross oversimplification to regard Communism as the central factor in every conflict throughout the underdeveloped world...
...many consider it, inflationary-side were figures indicating that during 1966's first quarter, pretax corporate profits were 11% higher than a year ago. The gross national product, was up $16.7 billion to an annual rate of $714 billion, but Washington expects the pace to slow in the second quarter...
This week the club opens for the season five of its 18 summer "villages," mostly scattered around the Mediterranean (one village is far away in the Pacific on Tahiti). It also runs eleven winter ski resorts. Among them, they grossed $16 million, for a profit of $746,870, last year, and the 1966 gross is expected to be $20 million...
...than half of the auto industry, accounting for 51% of all sales. Last year, when it marketed a record 4,663,017 cars in the U.S. as well as 1,581,651 cars and trucks abroad, G.M.'s $21 billion volume accounted for more than 2% of the gross national product. Its federal tax payments came to $1.74 billion...