Word: trended
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Dates: during 1950-1959
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...most important thing that has happened in treatment of the mentally ill in our lifetimes," says one of the nation's leading mental-hospital administrators about a revolutionary trend in his field. For a behind-the-walls report, see MEDICINE, Open Door in Psychiatry...
Madison Avenue's top-drawer advertising agencies have followed the trend; five years ago, agencies spawned 10% of all network shows, now also save on overhead by shopping for their clients among the packagers. The ubiquitous package firms range in size from giants, e.g., Revue Productions Inc., dog-wagging tail of the Music Corp. of America, which grossed $38 million on its filmed series (M Squad, Wagon Train) last year, down to one-shot independents, e.g., Jack (Lassie) Wrather. The range is qualitative as well: Independent Robert Saudek has won Emmys and Peabody Awards for Omnibus, while Warner Bros...
Labor Force. In employment, the C.E.D. found that for 30 years there has been a remarkably uniform 1.3% increase in the labor force year after year, with the only big bulge above the trend line in World War II due to the influx of the old, the young, and married women...
...productivity of labor lest it get tangled in the argument between labor and management as to whether the gain was due to harder work or more capital and machines. C.E.D., venturing in, divided the real G.N.P. by the total production force, computed a 1929-57 productivity trend line showing an average 1.6% rise. The difference between a 1.3% labor-force rise and a 1.6% productivity rise, said C.E.D., produced "well over half of the growth in production in recent decades." In 1959 output per man is 60% greater than in 1929 despite shorter hours...
Prices. Charting the course of inflation, the C.E.D. took goods and services price indexes and converted them into 1954 prices all the way back to 1909. When plotted out, the trend line showed prices overall have gone up by 2.5% a year. Despite all the worry over price increases in the 1950s, the increase in this decade just about matched the rise from 1910 up to the outbreak of World...