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broad gauge |
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broad gauge a railway track with a greater distance between the lines than the standard gauge of 56½ inches (about 1.44 metres) used now by most mainline railway systems How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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From 1975 to 1995, so-called converts held their own as an investment choice against the S&P 500 Index--a broad gauge of blue chip stocks--but faded for the next five years. As the first broad gauge of the economy's performance last month, Friday's labor market report was eagerly anticipated by analysts. Trade volume--another broad gauge of economic performance--showed an annual world growth rate from 1980-1985 of barely one per cent, compared to the pre-1980 rate of about five and one-half per cent. |
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