Word: demands
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Dates: during 1950-1959
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HOUSE PRICES will rise about 4% next year, says National Association of Home Builders. Survey of 600 builders shows median price of 1957 home of $15,200 v. $14,700 this year. Reasons: higher land, building costs, demand for bigger homes, difficulty in financing less expensive homes...
...share v. $8.11 last year, partly because of the $300 million outlay for new models. Next year, said Chrysler's President L. L. Colbert, should be a lot better: "Our production schedules for 1957 are keyed to an indicated rising demand for automobiles in general and the favorable reception already given our 1957 models in particular...
Part of the trouble is that production, already at a peak 144% of the 1947-49 index, is increasingly hard put to supply the insatiable demand for goods and services. On top of that, the enormous expansion programs for virtually every U.S. industry may stretch the economy even thinner next year. After pouring some $29 billion into new investment in 1955, U.S. business expanded at the rate of $36 billion in 1956's first half, about 25% faster than last year...
Another big problem is how the U.S. will finance the new expansion. Despite economic controls, the enormous demand for money is outstripping the supply of funds, thus pushing interest rates-and businessmen's costs-even higher. Though personal savings have increased at an annual rate of $4.5 billion, from $16.7 billion to $21.2 billion in the last year, economists doubt that they are rising fast enough to satisfy the demand for money. Other sources of investment funds are also falling behind, e.g., life insurance companies expect to increase their new assets by only $6 billion in 1956. As things...
...Containment Policy, which was designed largely to meet the military threat, will no longer suffice in a situation of flux. Containment must now be translated into positive terms which can play upon Soviet weaknesses and which will take into account the increasing demand for neutralism and economic advance among Asian, African, and Arab nations...