Word: seasonale
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In this optimistic ointment there was one fly, a major index which refused to conform: the figures for bank debits (checks drawn on deposit accounts). In 140 centres outside New York, these debits declined 14.3% during the last three weeks in July, a far more than seasonal recession. Such a...
As a measure of goods consumption, bank debits include too many other transactions to be reliable. But by the same token they measure general spending better than such partial indexes as retail sales. Bank debits include checks drawn by little businesses as well as big, the checks cashed by small...
Happiest note of the week came from Detroit-automobile sales had broken through "normal seasonal slack" to total 405,000 units for June, up 33% from hopeful 1939. One good reason for this month-end spurt (which made up for early-June slowness) was public suspicion that the 1941 new...
Sam Baiter, commentator on The Inside of Sports, which plugs Phillies cigars over an MBS network, has standing instructions to address himself to an audience of truck drivers making $18 a week. He follows those instructions almost to the letter, describes his technique as being of the "Aw-nuts rather...
In 1922, with two children to support and his machinist job gone in a seasonal shutdown, Jim Williams did the hardest work of his life as a coal-heaver in a Detroit power plant, finally, in desperation, applied for a job as a policeman. Just as he had been accepted...