Word: recessional
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Dates: during 1950-1959
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But for all his foibles, Pat Brown has never yet been one to underrate an opponent or to miss the slightest eddy in the political current. For one thing, Knowland, tied closely to his Senate duties until last month, is now stumping California from border to border and just such...
When he took over, Ruiz Cortines inherited a Mexico racked by corruption and given to grandiose projects that gobbled up as much as 40% of the annual budget. Now, the President was leaving a nation troubled by labor strife, including new riots this week that injured scores. But it was...
From Washington, Wall Street and the nation's major industries came a surprisingly unanimous report last week: the pickup is moving much faster than expected. The recovery led to the coining of a new phrase to characterize the recession-the V recession-a sharp drop followed by sharp recovery...
Government economists, who had expected the recession to be the same saucer shape as in 1948-49 and 1953-54, were changing their tune because an outpouring of new statistics showed a sudden and simultaneous hardening in the major muscles of the economy-capital expenditures, sales, new orders, inventories (see...
GOLD OUTFLOW from U.S. in 1958 has topped $1.76 billion, more than any full-year drop in nation's history. Movement is caused by recent recession, slump in exports, investors' flight from dollar.