Word: upturning
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...past years the great majority saw nothing except boom on boom, this time the prevailing forecast was for a downturn-though a minor one. Of 68 conference members answering a poll on 1958 business, most agreed that business would slip a bit until well into 1958, with an upturn starting late in the year. Only five expected a steady rise throughout the year; only four predicted a continuous decline. Said Leonard Smith, commercial research manager for U.S. Rubber Co.: "This is one of those modern recessions where no one feels much pain. I am convinced that...
...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...