Word: upturn
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Labor Day week is a traditional indicator of business activity for the rest of the year. Last week there were signs that an expected autumn upturn had begun...
Steelmakers got up out of their summer slowdown and pushed operations to 82.7% of capacity. For the rest of the year mills are expected to pour about 85% of capacity, may well crack 1955's alltime production record of 117 million tons. Said Iron Age: "The looked-for upturn in steel is under way, and will reach a peak in late November or early December...
...help to balance out high costs. Yet many presidents are leary of hiking rates to the limit for fear of driving shippers to other carriers. Instead, they are betting on a reversal of the year's first-half trend in the fall, when the economy traditionally enjoys an upturn after the summer slump. And they are going ahead full power with modernization programs designed to trim operating costs still further, will invest an estimated $273 million in the third quarter v. $222 million for the same period last year. Says Chicago & Northwestern's Vice President Larry Provo...
...strong upward movement of business investment, which has pushed up the economy since the end of 1954, appears to be slowing; expenditures for new plants and equipment this year are rising at a slower rate. Home construction is dillydallying along at lower levels, and economists foresee no strong upturn in the near future. While the dollar growth in gross national product sets new peaks each quarter, inflation now accounts for more than half of each advance. Much of the increase in personal income, which continues to set new records each month, is also offset by higher price levels. The. experts...
...reason for optimism were the big corporations that continued last week to report healthy earnings figures. Announcing record U.S. Steel earnings for both the quarter and the half, Chairman Roger M. Blough foresaw "reasonably good business in steel-consuming industries during the rest of the year," predicted a slight upturn in U.S. Steel's production in the last quarter. The oil industry reported a highly profitable six months, helped account for a sizable part of the 6% profit gain over 1956's first half chalked up by 741 U.S. corporations in a survey by the First National City...