Word: slump
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Dates: during 1940-1949
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...York Credit Men's Association disagreed. From some 500 replies it received in a poll of its wholesale and manufacturing members, the association last week found that 80% of them expected a recession to start in the second quarter of next year. Among their reasons for fearing a slump were high prices, excessive inventories, buyer resistance, lack of capital, and labor unrest. And the number of bad accounts was increasing rapidly...
Despite the summer doldrums, a slump in good new pictures and the British tax scare (TIME, Sept. 22), some box offices were enjoying a brisk little boom on reissues...
...ringing in their ears. The C.I.O.'s United Steel Workers had charged that present U.S. steel capacity (91 million tons a year) was about 20 million tons below future normal demands. The union demanded Government action to overcome the steelmakers' "smug and intransigent" hedging against a possible slump. Walter Reuther, president of the C.I.O.'s United Automobile Workers, had for months been accusing them of promoting "planned scarcity...
Despite a slump of several months and despite the low, mournful howls of exhibitors, the 1947 box office has continued at a better rate than record-breaking 1946. August favorites, according to Variety...
...really trying to stop them. Despite the outcries, women were already showing enough enthusiasm for the New Look to pull the dress industry out of its slump and set it humming. Hems of old dresses were being let down with such speed that many a town ran out of seam tape. Said Harper's Bazaar airily: "Clear your closet and get your clothes into the hands of those who can use them [in Europe]." But the dresses most likely to be sought would probably be closer to Sophie Gimbel's ideas than to Dior...