Word: backlog
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...second year of a recovery, the majority of businessmen seem to feel that business will get better. Manufacturers are notably confident. Last month new orders for durable goods ran well ahead of sales, rising 3% to a record $16.9 billion. That gave the hard-goods makers a total backlog of $46.7 billion in unfilled orders, largest since the recovery began...
...returned to Manila with good news: in their search for U.S. dollars they had not met a single refusal. In hand: $166 million in private bank loans; $121 million from the International Monetary Fund and various U.S. agencies. In all, Macapagal can begin his reform administration with a sizable backlog of about $400 million. He plans to ease import-export controls, continue some tariffs in a way that will encourage agriculture, discourage luxury imports...
...weekly), but Postmaster General Reginald Bevins flatly refused an increase, offered only to study the subject. To make up for the slowdown, he ordered postal employees to work overtime, but it was like trying to melt a glacier. At Mount Pleasant. London's main sorting office, the backlog rose to 5,000,000 letters. Railway stations were swamped: in one shed alone at Euston. 100,000 mailbags waited four days to be picked up. The post office announced that it could not handle parcel post (except for hospitals and military units...
...always a healthy sign to have unfinished business," Crane said. "In fact it is by their backlog that our cities are measured...
North American's skill at building military aircraft did it little direct good when, in the postwar famine for planemakers, its backlog of orders was cut from 8,000 planes to 24. But the high-powered research establishment and alert management that served it so well in the airframe business enabled the company to launch, quicker than most of its competitors, a crash diversification program. Today, with only 38% of its sales in aircraft, North American consists of six scientifically oriented divisions, each so large that it has its own president. The divisions...