Word: slumping
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Dates: during 1960-1969
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...store sales were up 5.4% in September for the second-best gain of the year, and Kresge's reported a 4.5% September sales jump over August for the best September in the company's history. Said Kresge President Harry B. Cunningham: "If we're in a slump, we certainly are working our way out. The pessimistic talk we hear is not right...
BRITISH AUTO exports are being hard hit by U.S. compacts. August exports to U.S. were less than half last year's, following slump that began when June exports fell to 8,327 v. May's 23,291, continued in July when total was only...
Steel Is the Key. What happens for the rest of 1960 depends very much on the steel and auto industries. Just as the 1958 slump was essentially an auto slump, so 1960's sluggard economy has been further braked by the poor performance in steel. Last week steel production was scheduled to decline again, run at 53-8% of capacity. The big hope is that brisk sales of 1961 car models later in the year (see below) will give a boost to the lagging steel industry, thus move the whole economy off center. Since January, reported the First National...
...Production Push. So far this year, the U.S. auto industry has sold 3,990,470 cars, 37% increase over 1959, but sales have dipped for the past two months below the 1959 rate. Despite the slump, automakers cranked up production on 1961 models earlier than usual, allowed a much shorter shutdown period for dealers to clean up 1960 models. Last week the industry's output was 36% higher than the week before and nearly triple the production of the same period last year. Either sales will have to pick up or production will have to be cut down...
...Nellie Fox still uses a thickhandled bat; the rest prefer a slim handle. H. & B. keeps an index of the types of bat it has made for some 40,000 major league players (many of whom have Louisville Sluggers named after them), often gets wires from players in a slump asking the company to "ship me the bats I used when I was hitting...