Word: backlogs
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...last week K-F had no steel. All it had was promises. Graham-Paige was sure of some steel, but not enough both to permit Graham to get into auto production in Willow Run, now estimated for the end of April, and for K-F to build up a backlog of parts it needs for Kaiser production, now fixed for midsummer...
Before Bomb No. 1 was exploded in New Mexico, scientists spent more than a year designing, building and installing instruments and recording gadgets. For the immensely more complicated problem of an overwater test, these would all have to be rebuilt and new ones contrived. Even with the backlog of experience from the first test, could this be done by March...
...four and a half days, K-F salesmen took more than 8,700 "orders" from enthusiastic customers who gave no deposits, " got no promises as to delivery dates or prices. But if Henry Kaiser stuck to his general price prognostication ($900 to $1,400) K-F had a backlog (if the orders held good) of approximately $11,000,000 from the New York City showing alone. Carried away by all this, Partner Joe Frazer chortled: "We have, I believe, become the fourth largest automobile company in America...
...nearly $50,000,000 in working capital. Then, it had only 15 employes. Now it has 32,000. The end of the war, Which had sent most big planemakers into reconversion on a lower key, had not knocked it off its high bracket. Its backlog of orders for planes was perhaps the greatest in the aircraft industry, a thumping...
Business profits will rise slightly in 1947 and '48 to $11 billion after taxes, twice as high as 1940. Unemployment will drop to between 4.5 and 5.5 million. But by 1950 the present huge backlog of demand for goods will be gone. Profits will then drop (how fast and how much, Wallace did not say). Unemployment will rise to between seven and eight million...