Word: output
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...only housing starts, but some other key indicators last week showed that the economy is surging into spring with the vigor of a baseball rookie. Despite the bitter winter, total U.S. output of goods and services rose 5.2% during the first three months of the year, up smartly from the 2.6% rate in the last quarter of 1976. Inflation slowed; consumer prices in March rose at an annual rate of 7.4%, v. 12.7% in February and 10% in January. March industrial production took its biggest jump in 19 months-1.4%-and personal income scored its largest increase in almost...
Yesterday afternoon, in weather that was ten degrees short of fantastic, the Radcliffe lacrosse team rewrote things to the tune of 14-1 over the same Terriers, and in so doing doubled last spring's victory output. And the Red Sox? Well, two out of three...
Costakis' apartment has long been a place of pilgrimage for art connoisseurs visiting Moscow. Nowhere else in the world could one see such, a concentration of major works by Russian artists whose output is still insufficiently known in the West. The eventual fate of the Costakis collection has therefore been a subject of much guesswork both in Russia and outside it, but now the question appears to be settled. Under the terms of an agreement with the Soviet Ministry of Culture, Costakis is giving about 300 paintings to the government, with the understanding that they will eventually be shown...
...country what Henry Mayhew had done for London workers in the earlier years of Queen Victoria's reign. He identified a class and made it visible. Before him, Jacob Riis had taken a camera into the slums of New York City, but Hine's range and output were larger in scope than Riis'. He was the first American to produce, with a camera, a fully sustained body of images that made people look back beyond the product to the men, women and children who had made it. His photographs altered the meaning of the verb to work...
Otherwise, the week's numbers portrayed an economy roaring out of its winter doldrums. Industrial production in February jumped a full 1%, more than wiping out a January drop. About the only component that fell was auto output, and that should turn around quickly: new car sales in the first ten days of March rose more than 19% from a year earlier, to a record daily selling rate for the period. Housing starts in February soared 29%, the biggest one-month jump ever, to an annual rate of 1,791,000. Personal income in February rose at an annual...