Word: slump
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Dates: during 1940-1949
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Lowell's basketball players captured the A League championship in their final game last night, pulling out of their recent slump to run down Dunster...
Without newspaper ads, there was a big slump in business at theaters, restaurants and clothing stores. Radio stations were carrying more news and more advertising, and two small weekly papers had switched to dailies, but they were not up to the job of telling the news. Not all Portlanders missed their newspapers. Some thought no news of the world's troubles was good news-at least for a while. Said a grocer: "Nothing's upset me all week. It's been mighty peaceful...
Fretting over the shipping slump, sharp-nosed Harry Bridges, 47, boss of the West Coast longshoremen, stirred up his ulcers so badly that he was hustled off to the hospital, underwent a five-hour operation...
...estimated at three million. He thought that the problem would not require federal action (e.g., public works projects) unless the total reached four to five million and was "sustained for some time." But he saw no sign of that now. The importance of the more-than-seasonal January slump, he said, cannot be gauged until the seasonal pickup in the spring. (The boom still had a good head of steam. Heavy construction awards for the first seven weeks of 1949 topped $1 billion, up 53% from...
When sales of Kaiser-Frazer cars went into a slump recently, K-F cut production from 675 to 350 units a day rather than cut prices. Last week, its annual report showed why it had no choice. Though its sales had increased 24% to $341,500,000, its 1948 profit, before taxes, had risen only 2%. And after taxes, the profit of $10 million was little more than half that of 1947, when no taxes were paid. In effect, K-F could not afford to cut prices because it was making less than...