Word: backlogs
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Dates: during 1940-1949
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...defense orders, said Lockheed Aircraft Corp.'s Robert E. Gross, had turned his company's postwar deficits into a $5,310,151 profit for the first six months of 1948. To see it through the rest of the year, Lockheed had a $196,421,000 backlog, most of it in military orders...
Autos. Unfilled orders on automobile dealers' books totaled 7,300,000, an 11% increase since Jan. 1. The National Automobile Dealers Association figured that the industry would need 26 months to take care of the current backlog alone...
...Deluge. With the demand for new cars apparently limitless (the backlog of orders is still around 6,000,000), there had previously been no question about customers paying the price, any price. But the new boosts, partly the result of steel price increases, posed the question at last...
However, a few industries were already feeling the effects of competition and the buyers' market. With the backlog in trucks about gone, profits fell for such smaller producers as Mack Trucks (down 50%) and Autocar (down 90%). Colgate-Palmolive-Peet's half-year profits dropped more than 50%. Bendix Home Appliances also felt a sag in sales, reporting a profit of $900,550 for the second quarter v. $2,565,-208 for the corresponding period last year. Profits of shoe companies were down; International Shoe...
...tiny workshop in Yonkers, N.Y. grew the Otis Elevator Co., the world's largest. It has built more than half (128,918) of the elevators in the U.S. (224,417), has sold 69,000 elevator installations abroad. Last year it grossed $61 million, in March had a backlog of more than $100 million in orders...