Word: peake
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Dates: during 1940-1949
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...kind of person no one remembers meeting at a party. Usually to be seen in a loose tweed coat, slacks and sweater, his hands habitually stuffed into his pockets, he has a rather tight, lean, nosy face which wrinkles easily into a vinegarish smile under a widow's peak of crinkly hair. He has a very English embarrassment about expressing emotion about anything. He is rarely a talker, usually a listener -a lanky, youthful but somehow worn-looking young man who is painfully awkward with strangers. Around his Suffolk coast home at Aldeburgh-the setting of Peter Grimes...
...recession? When grains broke in 1920 (see chart), other commodity prices sank with them and threw the whole economy into a temporary tailspin. Before last week's break, wholesale commodity prices (as measured by the Bureau of Labor Statistics) were within 3.5 points of their 1920 peak. The grain prices had gone far above their post World War I high. Though the break had come too fast for official tabulation to keep up, it was unofficially reckoned that the slide so far was as steep...
...been expected to reach its population peak of 155-165 million by the end of the century. But the "present surge of births," said the Record, indicates that the peak will actually be from 10 to 25 million higher and the crest of the growth curve has now been pushed beyond the year 2000. In effect, the U.S. economy, which was once regarded by some as "mature," has a long way to grow...
Durable Boom. The Federal Reserve Board reported that its index of industrial production dropped slightly from a postwar peak of 192 in November to 191 in December. Despite the general decline, however, durable goods continued to advance; steel, autos, and freight cars reached new peaks...
...there were 200 waterside Chautauquas in 31 states.But Chautauqua really became big business when it hit the road in tents. During the peak year of 1924, Chautauqua visited 12,000 U.S. towns and villages whose leading businessmen had underwritten, willingly or grudgingly, all the expenses (the management got all the profits under the "standard" contract). That year, 30 million people crowded into the big brown tents and it looked as if Chautauqua were going on forever. The following year it went into a slump from which it has never fully recovered...