Word: week
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Dates: during 1950-1959
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...force that gives the U.S. economy its pep is being generated more and more in the teeming aisles of the nation's stores. From the Commerce Department last week came an estimate that retail sales in October reached $18.3 billion on a seasonally adjusted basis, a 7.8% gain over last year's level and the first time October sales have burst through the $18 billion mark. In November's first week, sales in U.S. department stores were running 5% ahead of last year. Retail sales for the first ten months of 1959 total $179.9 billion, 9% above...
...want to sound like a Pollyanna," said a steelman last week, "but so far, everything is going better than we dreamed it could." With its 500,000-man labor force back on the job, the nation's steel industry was making an amazing comeback. Barely a week after the first furnaces were fired up again, the mills were up to 45.9% of capacity, and turning out 1,300,000 tons of steel. This week output should be clipping along at better than 60%, well ahead of the first estimates...
Republic Steel Corp. hit 70% this week, some five weeks ahead of earlier predictions; U.S. Steel* is also coming fast, will have some plants up to 85% production by next week. Inland expects 80% capacity this week, while Jones & Laughlin, Wheeling Steel, Armco, Allegheny Ludlum hope to hit between 65% and 80%. Throughout the industry, steelmen are cashing in on the care they took in shutting down their furnaces and in keeping maintenance crews in the plants during the strike. Only a fraction of the expected repairs proved to be necessary...
Nevertheless, the prospect of a faster flow of steel was causing steel-short manufacturing plants to revise their production schedules. Ford Motor Co.. which ha been running most of its 17 assembly plants on a four-day basis, will step up to five-day operations this week without fear of exhausting its stockpile. General Motors, which is altogether shut down made plans to start recalling workers within two weeks, hoped to be back in limited production in three weeks...
When Labor Secretary James P. Mitchell promised last April to eat his hat on the steps of the Labor Department if unemployment did not drop below 3,000,000 in October, he thought he was making a sure bet. But last week the Labor Department announced that although employment was higher than in any previous October-66,831 000-unemployment stood at 3,272,000. Just before the figures wene officially announced, Mitchell appeared on the Department of Labor steps to keep his part of the bargain-or almost. Said Mitchell: "I am off by several hundred thousand entirely...