Word: slides
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Dates: during 1960-1960
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...continued slide in steel production -down to 48.7% of capacity from 49% the previous week-last week brought an overdue change in the way the industry will announce its output. The steelmakers, who have been worried that the rate of capacity figure is not only discouraging these days but does not give an accurate picture of the industry (TIME, Nov. 14), decided to drop it. Many steelmen feel that the capacity comparison has made steel production look worse than it actually is, since the most profitable rate of production is around 80% of capacity instead of 100%. Much...
...hearing room, the testimony was echoed by other economists. The U.S. Chamber of Commerce predicted a "mild" business slump for the first half of 1961 of "only 1% or 2%" in the gross national product. For the long run, the chamber was optimistic. In the face of the slide; said Emerson P. Schmidt, the chamber's chief economist, "the strength and level of the economy are surprising." He believes that the gross national product may climb as high as $520 billion in 1961 (at present: $500 billion) if the slump ends by midyear. Says Schmidt: "There are at present...
...Government's third downward revision-to an annual rate of $35.7 billion-of its original estimate of $37 billion. But the drop-off was so small that it was not a major depressant on the economy. While the report estimated that plant and equipment outlays will slide further to $34.9 billion in the first quarter of 1961, this prospect was not as bad as earlier expectations...
Introductory meeting are at the Building, December 5 and 6. Shall you seize the moment now or slide in Lethe? Ladies (yes suffrage movements have most definitely wrought their work in this citadel) and gentlemen, the day is yours. Take it while...
...fellow executives in the Ivy colleges to reconsider the bans on spring practice and post-season individual play. This would be a graceful moment to drop these archaic circumscriptions against Ivy football players." One might add that this would be a graceful moment for the Ivy League to slide out of existence, with all of its goals lost...