Word: record
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Dates: during 1960-1960
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...businessmen last week found little to encourage them in sales at home, they found plenty in their performance in world markets. U.S. exports will not only rise this year to a record $20 billion (v. 1959's $16.4 billion), reported the Commerce Department, but should do as well...
...auto industry continues to ride a crest of new-car sales. November figures set an alltime high for the month, to reach 530,393 U.S.-built cars, breaking the 1955 record by 1,214 units. Though about one in four of the sales is in the heavily discounted, strongly pushed, leftover 1960 models, the sales volume has cut 1960 models on dealers' lots to only 115,000. It has also gradually slowed the rate of accumulation of cars by dealers, one of the industry's biggest worries. November new-car shipments to dealers exceeded sales by only...
PROFIT-SHARING & pension plans for employees are being set up by U.S. companies at a record rate. For the first nine months of 1960, the Treasury, which checks the tax arrangements of each plan, approved 7,729 new plans, a 40% increase over the same period last year...
...worse even when employment continues to hold up well. This week the Labor Department announced that employment declined 300,000 in November to 67.2 million, considerably less than the seasonal November decline of about 700,000 in the previous two years. Despite the decline, employment was at a record high for the month. But unemployment in November rose 450,000 to 4,000,000, because of layoffs in agriculture and construction, more than canceling out the advantage of the less-than-seasonal decline in employment. Prospects are that unemployment may rise to 5,000,000 in the next few months...
Highlighting the Crimson triumph were Jeff Lewy's victory in the dive, and Bob Kaufmann's record-breaking performance in the 900-yard individual medley, Lewy, a sophomore, finished well ahead of Army divers with 65.37 points. Kaufmann's time of 8:11.6 in his first medley of the season set a new Army pool record...