Word: slumping
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...first-half earnings began to come in, they showed the expected drop, in profits from 1948, when inflated prices were at their peak. But they still looked healthy. The General Electric Co., which had been among the first big companies to cut prices and had already felt the sales slump in household appliances, was possibly a bellwether of how good "normal" might be. G.E.'s President Charles Wilson reported a second-quarter net of $19.8 million, down 32% from the same 1948 period. However, profit was more than 100% above G.E.'s earnings of ten years...
Even in areas of the economy where the drop in business had seemed most striking (e.g., retail sales), the slump was deceptive. In both unit and dollar volume, the first six months of retail sales in 1949 were close to 1948's first half...
When the U.S. Army asked for bids last month to supply 10.7 million lbs. of meat for troops in Germany, the most eager response came from Uruguay. Faced with a slump in the world wool market and harassed by the economic bullying of neighboring Argentina, Uruguay needed additional export business to keep its currency stable...
...Nick" Nichols has been a hotshot ever since he went into the business. At 25, he was editor of Screen Guide; at 27, he ran Click up from a big circulation slump to the million mark. (Later, after Nichols joined the Army, Click went bust.) At Dell Publishing Co., Nichols has boosted Modern Screen to a peak circulation (1,164,476) and a peak revenue...
...alarmist reports to the contrary, West Germany is merely going through an essentially healthy process of deflation, not a slump. Would prosperity continue? Says Erhard: "I'm dead sure...