Word: capita
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...Real income per capita will soar 30%. The average American will have an additional $370 to spend on goods and services...
...remains relatively strong." The reason is that while farmers started out with lower cash incomes than most of the U.S. (but grew much of their own food), their incomes shot up faster than anyone else during World War II and in the postwar boom. From 1939 through 1951, per capita farm incomes zoomed from $244 to $970, a gain of almost 300%; at the same time, non-farm incomes climbed only 175% to $1,735. And farmers have managed to hang on to most of the gain. Historically, farm prices have plummeted at least 50% after...
...Communist world is producing about 20% more rice, milk and cotton than it did before the war; it is catching 20% more fish; it is producing about 30% more wheat, meat and fats; about 59% more sugar. It has 2% more food available per capita, than it had before the war. FAO warned that there were many regions, e.g., back-country Latin America, where millions still did not get a square meal. On the other hand, some countries were now piling up surplus stocks of sugar, cotton and wheat. And it was in Western Europe, wrecked by war and brooded...
However costly the bait, the industrial fishermen think that the catch is worth it. New payrolls broaden the tax base, raise per capita income and, in turn, attract more industry to diversify and stabilize employment. For example, in Los Angeles County, 1,576 highly diversified plants (total investment: $500 million) have opened their doors since 1945. As a result, Los Angeles has easily been able to weather such economic setbacks as the citrus slump and the sharp postwar cutbacks in the aircraft industry. In ten years, the Cleveland area has brought in more than 200,000 new jobs...
Republic's Charlie White, who calls himself "not a professional optimist," doubts that even the new round of ex pansion will meet the nation's needs. White expects steel consumption to reach 1,450 pounds per capita...