Word: upturn
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...warned that power-men should not be lulled into thinking that long-term demands would lessen just because business had started to slip off. Said he: The current slide in business might last until the second quarter of next year. By the end of 1951, there should be an upturn that may bring production right back up to where...
...Chairman Nourse dozing a bit himself? Most Government economists and almost all businessmen had been banking on a strong spring upturn to check the recession. So far, no sizable upturn had come. Instead, production in April (as measured by the Federal Reserve index based on the 1935-39 average) had tumbled another 5 points to 179. The index stood a full 16 points below last November's postwar peak of 195. This was the sharpest five-month drop since the 1945 reconversion shakeout after...
Some gloomy guessers had feared that 1949 would not see the usual seasonal spring upturn in the U.S. economy. But last week, there were hesitant signs that it had started...
There were other signs that U.S. industry, despite the soft spots in numerous lines, was holding steady. In October, reported the Federal Reserve Board last week, an -upturn in the output of durable goods had sent its index of industrial production up three points to a new peacetime record of 195. Although the Bureau of Labor Statistics found "unexpected declines" in employment in consumer goods industries, total non-farm employment had hit a record 46 million in October, 1,200,000 higher than a year...
...Upturn. Industrial prices were still edging upward. International Harvester boosted prices of its farm tractors 9% and Philco Corp. raised its radio prices 2.5%, even though the radio market was swamped with sets...