Word: upswinging
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The earnings outlook for the second half is toward narrower profit margins, the Commerce Department said last week. "Profit ratios generally narrow." said the department, "after a cyclical upswing has been in progress for some time." The department reported that in the first quarter, profits rose to the annual pre...
Building now seems to be quickening. The upswing started in late April and, thanks to a steady easing in the money market (see above) and better weather, is expected to hold solid and steady for the rest of 1960. Government housing experts expect 1960 to be a 1,300,000...
No indicator is watched more closely by U.S. businessmen at this time of year than the sales figures of the automobile industry. What they are looking for is a sign of spring kicking up its heels. Last week dealer showrooms were full of prospects with the open-road look in...
Despite the home builders' gloom, a traditional spring surge in construction could quickly change the outlook. Says Housing Administrator Mason: "The money situation has definitely improved, and I expect a fairly rapid upswing two or three months from now in home building. It takes some time before builders find...
With an experienced line that may be the best in the League, and a carload of very promising backs, the Crimson may well be the team to beat in 1960, even with Holy Cross as a first opponent and the now semi-automatic loss to Brown assumed. Harvard football looks...