Word: upswinging
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Judging by past performance, the market may be forecasting a business upturn. Stocks have traditionally turned down several months prior to a recession, as judged by the Federal Reserve Board's index of industrial production, turned up several months before its end, as signaled by the index reaching the...
No Protection. The upswing has been helped by the fact that there is plenty of money around looking for a place to settle-and plenty of investors who do not want to miss getting in on the ground floor of another strong upsurge. The institutions, many of which are only...
The Next Upswing. Outside the hearing room, the testimony was echoed by other economists. The U.S. Chamber of Commerce predicted a "mild" business slump for the first half of 1961 of "only 1% or 2%" in the gross national product. For the long run, the chamber was optimistic. In the...
In a survey by Dun & Bradstreet, top economists for U.S. corporations agreed that a further decline in overall business can be expected during the early months of 1961, with a recovery in the year's second half. About one-third thought the economy would get its main stimulus from...
Midge flight is controlled by two sets of opposed, springlike muscles in the insect's thorax. Acting through elastic structures in the thorax wall, one muscle set draws the wings up, the other pulls them down. At a specific point on the upswing, the wings "click" to a fully...