Word: indexed
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Dates: during 1930-1939
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TIME'S Index...
...Depression I steadily deepened, there was much talk from time to time of "prosperity just around the corner." But the banking figures, as recorded by TIME'S Index, persisted in showing a continuous decline until March 1932. The F.R.B. index and the Dow Jones industrial stock averages did not touch bottom until three months later...
...businessmen-whose rising sales that year were more than offset by aggregate weakening of working capital-the steady downtrend in TIME'S Index from February to September 1929 gave ample warning that houses should be put in order, inventories cut and debts reduced. (And if enough businessmen had taken those steps, TIME'S Index-and all other indexes-would doubtless have showed a far less depressing downtrend in the sorry years from...
...very start of 1937, after nearly five years' upward trend marked by rising sales and improved working capital position, the TIMEline began a new decline. Stock prices and production, however, held up unsteadily for several months. Then, in late March 1938, TIME'S Index once more began an uptrend. The excessive inventories that had exaggerated Depression II were nearly liquidated, U. S. business's working capital position was beginning to show improvement, sales were rising. By June, conditions were such that stock prices began a sharp rise. Production followed suit...
...Detailed information on TIME'S Index, its record in past years and the principles used in compiling it, may be obtained by writing the Editor of TIME, TIME & LIFE Building, New York City...