Word: output
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Dates: during 1960-1969
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...Lagging Output. Some of the reasons for such talk are obvious. The cost of housing construction jumped by 10% last year, more than the increase in any other item of family living expenses. Home-building costs went up at an annual rate of 12% during March, the latest month for which statistics have been compiled. At the same time, U.S. housing output has fallen seriously behind the nation's needs. Last year the U.S. built just under eight houses and apartments for every 1,000 people compared with 16 per 1,000 during 1950, the peak year...
...Administration begun a study, headed by Presidential Economic Adviser Herbert Stein, of how the transition should be made. No one expects a difficult conversion, partly because the war has driven a relatively small wedge into the economy. The defense budget accounts for only 9% of the nation's output of goods and services, compared with nearly 13% in Korea and 41% in World War II. Direct spending on the war amounts to 3% of the gross national product, and some 1,500,000 people hold war-related jobs...
...defense is anchored by goalie Mike Stanton, a transfer from Wesleyan and captain Bill Evans. Stanton was superb in the late stages of the Princeton game, and held the Tigers to their lowest output all season four goals...
...three indicators: orders by manufacturers for durable goods, contracts and orders for plant and equipment and new building permits. Reversing sharply in March, the three portend slower growth in inflation-provoking corporate spending on expansion. They reflect boardroom decisions that will soon show up as changes in factory output and personal income, which are measured among the so-called "coincident" indicators. Reaction is already evident in retail sales, which also turned down sharply in March. Eventually, the effects will ripple through the economy as rises or declines in the "lagging" indicators, among them bank interest rates, labor costs and prices...
Against Brown earlier in the week, Jerry Fruetel won his second game as Lee and Toby Harvey both batted in five runs. The 21 run output is the team's largest this year...