Word: indexers
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Dates: during 1950-1959
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Canada's industrial production hit its peak last June, and by January the index was down slightly more than 10%. Last week there were signs of a pickup in the Canadian economy just as in the U.S. In Mexico, some 70% of whose foreign trade is with the U.S., a slump began in textiles, oil and other industries before the U.S. downturn. On top of that, President Ruiz Cortines cut back federal spending sharply. Recently, however, the government 1) began to spend for public works to check the business decline, and 2) devalued the peso to help boost exports...
...especially discerning in their choices. Even if the Cards do give a slight indication of the enrollment size in old courses that will be given, they are worthless for the new courses. But the preliminary cards are most needed for new courses; past experience is a reliable index of the size of old ones...
...bubbling metal markets reflected a strong undertone in most raw materials that in the last month has sent the Dow-Jones commodity index up 10 points to 185. Part of the reason has been the big volume of construction contract awards, now running 13% ahead of last year (which in turn promises better business for appliances and other industries later in 1954). Furthermore, business is well along in its inventory cutback and is ordering again. The chemical industry, for one, reported better sales last week. And the trade magazine Purchasing, which polled more than 500 purchasing agents all over...
Winfield W. Riefler, Federal Reserve Board economist, reported that the FRB's industrial-production index would probably go down another two points in February from the January figure of 125 (1947-49 = 100). That would mean, said Riefler, that output since the postwar peak last October has dropped about as much as it did in the first four months of the "exceptionally mild" setback in 1948-49-Economist Edwin G. Nourse, who was head of President Truman's Council of Economic Advisers during the 1949 recession, told Congress what the current figures mean...
...today is too often characterized by a trade-school approach to knowledge. More and more students now rush through a prescribed curriculum as quickly as possible, treading a narrow tight-rope to a job or a professional school. In this era where mere factual knowledge frequently serves as an index of intelligence, the University has symbolized the broad intellectual maturation that learning should...