Word: recessional
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Dates: during 1950-1959
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Canada's Bureau of Statistics last week reported employment at an alltime high, with 6,053,000 at work and unemployment running lower than Ottawa economists dared expect only a few months ago. The number of jobless Canadians dropped sharply last month to 234,000, which is 3.7% of...
But today the change has become joltingly clear to the vintage liberals because of two events: 1) the nation's rapid surge from recession to boom without the big spending promised by the liberals in November, and 2) the failure of the attempts of Democratic National Chairman Paul Butler...
Dramatic Change. The best hope for the U.S. steel industry in holding its own against foreign competition is the dramatic change that has taken place in the industry since World War II. Steelmen have spent $12 billion for new plant and equipment, poured millions into research. Once a prince-and...
The U.S. slammed the books on fiscal 1959 (July 1 to June 30) last week, and the red ink splattered over a record peacetime deficit of $12.6 billion. Principal reason for the big red year: the now departed recession, which cut tax revenues by $6.2 billion, raised spending by $1.5...
Operating in the black for the first month this year, the Lehigh Valley Railroad chalked up profits of $87,121 in May v. last May's loss of $284.321. The Norfolk & Western Railway raised its income in the first five months to $19 million with a $4,500,000...