Word: soaring
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Dates: during 1960-1969
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...Costs are often set unrealistically low to win cost-plus contracts. When the costs later soar, the Air Force is stuck paying them, plus a fixed profit...
...showing the impact of the smaller profit on compact cars. Although the number of cars sold this year was up 4.9%, earnings in the first nine months were $5.76 a share v. $6.19 last year. The third-quarter profit rate was better, indicating that as the sales of compacts soar, the profit improves...
This is the landing system that will be employed by Dyna-Soar, the Air Force's $700 million, Boeing-built, maneuverable space vehicle, scheduled for first flight tests about 1964. Designed to be fired into orbit atop a Titan missile, Dyna-Soar is the closest thing to a spaceship in development now in the U.S. The dog capsule appears to put Russia well ahead of the U.S. in spaceship manufacture; its massive weight indicates that the passenger cabin probably will be large enough to support a crew of three men for a sustained period of flight...
...bounce." If sales were good, as they were in most industries, businessmen worried that they were not better. If they were poor, as they were in some industries, when would they improve? The economic experts who were in overoptimistic agreement last January that the economy would soar in 1960. were now guardedly optimistic about the next six months, but were no longer talking of the "soaring' sixties...
Basically, what worries most businessmen is that 1960 has not lived up to their expectations. Says Stanley Marcus, president of Dallas' Nieman-Marcus: "We all thought the golden '60s were to be a soar ing bird, not a land-based animal. Busi ness is still good, about the same as last year, which was good, but there is disap pointment because things are not as good as they were supposed to be." Disappointing Steel. The reasons for the disappointment in the economy's performance so far this year seem clear. The post-steel strike inventory buildup that...