Book Description

Excerpt from The Demand and Price Situation: November, 1954 Economic activity picked up in October and early November. Steel mill activity increased from a low of 63 percent of capacity in early September to 79 percent in mid-november in response to larger orders by automotive industries and producers of military hard foods. This rise was more than the normal seasonal pick up. Assemblies of passenger cars rose rapidly after mid-october and are scheduled in November at more than double the units assembled in October. Manufacturers' new orders for durable goods increased substantially in September reflecting to a considerable extent larger orders for military hard goods. Construction activity in October, down slightly more than usual from September, was a record high for the month and about 8 percent above a year earlier. None agricultural employment picked up in October and there was a further de cline in unemployment. Wholesale prices on the average were unchanged in October and early November and at the same level: as a year-earlier. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.