Word: troughing
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Dates: during 1920-1929
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Andrew Volstead: "It cost my daughter, Laura, two dollars when she parked my auto in front of a Washington watering trough so that horses could not drink. Violation of traffic regulations...
...recent Reserve report contained data which gives an excellent perspective upon present business conditions. According to statistics covering the Second Reserve District contained therein, since the " trough " of the recent depression to the pres-ent time production has gained 54%, employment 23%, wholesale trade 31%, retail trade 13% and bank loans 32%. Marked price advances have been seen in pig iron, copper, tin, lead, cotton, print cloth, raw sugar and even corn...
...According to all available indices, including indices of production, employment, and prices, the trough of a depression from which this country is just beginning to emerge was reached in the early summer of 1921," said Mr. F. Y. Presley of the Harvard Economic Service in an interview for the CRIMSON yesterday. "Since that time wholesale prices reflected by Bradstreet's price index have been advancing slowly without important interruption...