Word: slump
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Dates: during 1940-1949
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...steel industry was in a production slump and fighting bitterly to keep it from getting worse. Its last week's output of 1,553,684 tons was the lowest for any nonholiday period since April 28, 1941. Total production loss since the week of Jan. 13, when the slump started, has been over 500,000 tons...
...industry knew all about the reasons for the slump. They were as obvious as a blast furnace: shortages of manpower, fuel and scrap, and a surplus of new war orders that upset production schedules. There was a new one, too: the weather...
Companies H-I took two beatings as last week closed, bowing to A-B, 25 to 18, and to F-G, 34 to 22. Company D, recovering from its early slump, upset the F-G club...
...eight months; the Patton soldier-slapping affair, suppressed until it had built up so much steam it almost blew the dome off the Capitol. Another sample was the sour finale to Merrill's Marauders (TIME, Aug. 14). A more recent one: the handling of the production-slump story, which, instead of rousing the public to greater effort, provoked controversy and mistrust. A continuing one: overoptimistic sounding-off by various brass hats...
...bought American exports totaling $521,000,000 in 1938. In prewar years she was consistently the biggest foreign customer of the U.S. . . . Britain is, in fact, so big a customer that economists agree that her purchases or lack of them are enough to tip the balance between prosperity and slump in America...