Word: sideward
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Dates: during 1960-1969
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Taking all the current economic figures on balance, the New York Federal Reserve Bank cannily reported that the economy "moved sideward" during March. Said the bank: "Hesitations of this type are not, of course, at all unusual during a course of sustained business expansion. But they always create uncertainty as to whether there has been a pause for breath which will be followed by renewed progress, or whether an advance warning of business recession has been posted...