Word: growth
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Dates: during 1950-1959
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...postwar rate of growth of the U.S. economy has been "materially greater" than Government statistics show. So, last week, said Federal Reserve Board Chairman William McChesney Martin Jr. as he announced a revision of FRB's index of industrial production, the first since...
Died. Edmund Newton Harvey, 71, Princeton biology professor who developed the world's foremost laboratory for the study of bioluminescence, documented his discovery (Living Light, Bioluminescence) that light emitted by certain organisms (fireflies, squid) indicates their growth and functioning; of a heart attack; in Woods Hole, Mass. In 1931, in collaboration with New York Banker Alfred Lee Loomis, Harvey invented the centrifuge microscope, which makes cell division observable by whirling the cells at a rate of 20,000 revolutions a minute...
Even conservative economists now expect that-barring a steel strike more than six weeks long-the economy will roll steadily on to $490 billion in the current quarter. Then only a few weeks will separate it from the half-trillion-dollar threshold. At that rate of growth, the U.S. economy will hit the $750 billion mark before...
...eliminating a luxury that the U.S. cannot afford in a competitive world economy. Featherbedding pushes up prices, pinches productivity, penalizes the consumer and the productive worker to reward the drone. Worst of all, by discouraging the use of time-saving and production-boosting new machines, it retards U.S. economic growth. Every economist agrees that the best way to create more jobs is to make the economy grow faster...
...after a point early in the novel, and neither do his two tormented daughters. Observed briefly, each member of this wealthy Southern family seems whole and healthy; followed for a period of years, each one is seen to be stunned by some calamity beyond all chance of growth or shrinkage...