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Word: upturn (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...Harvard, economics assistant to the President of the U.S. since the start of Ike's first term, counseled his boss to resist the pressures for inflation-breeding, damn-the-deficits programs. The downturn would halt during the year's second quarter, Hauge firmly predicted, and then an upturn would slowly...

Author: /time Magazine | Title: THE ADMINISTRATION: Against the Winds | 7/28/1958 | See Source »

...second quarter did indeed see the end of the downturn, and by last week signs of upturn were visible (see BUSINESS) even through grey-colored glasses. With his predictions and counsel proved sound, Gabriel Hauge, 44, made a decision to return to private life. His new job: finance committee chairman of New York's Manufacturers Trust Co., fourth largest U.S. bank (after California's Bank of America, New York's Chase Manhattan and First National City...

Author: /time Magazine | Title: THE ADMINISTRATION: Against the Winds | 7/28/1958 | See Source »

Despite the general enthusiasm, many shrewd traders are skeptical of the current market level, feel the market is due for a retrenchment. The experts argue that prices are already so high that they discount both a business upturn and any acceleration the Mideast crisis might bring. "Korea brought a quick dip and then a quick recovery," said Ralph A. Rotnem, partner of Harris, Upham & Co. "But today the market is more vulnerable; people are paying twice as much for earnings now as in 1950." Bears point out that the Dow-Jones industrials in mid-1950 sold at eight times earnings...

Author: /time Magazine | Title: WALL STREET: WALL STREET | 7/28/1958 | See Source »

...factor that helped trigger the rise is the upturn in the Canadian economy, heralded several weeks ago by a dramatic drop in unemployment. Canadians were showing new optimism, which always engenders speculation, and the boom was concentrated in speculative stocks that had gone ignored for months. Said a Toronto exchange member: "I don't think this would have happened four months ago, no matter what the drilling reports were. There was too much recession mood around then. But the thinking has been changing. It's a sign people are starting to think big again." Canadians gleefully termed...

Author: /time Magazine | Title: SECURITIES: Speculators' Week | 7/21/1958 | See Source »

...first to feel a recession, the last to recover." Back in January 1956-when the rest of the U.S. economy was still going up-machine-tool orders began skidding from their boom level of $125 million a month. Last week signs appeared that they were on the upturn again...

Author: /time Magazine | Title: Business: First Down, Last Up | 7/7/1958 | See Source »

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