Word: indexes
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Throughout the first three months of 1940 the Federal Reserve Board Production Index headed steeply downward, but last week corporation earnings reports failed to show the same trend. Associated Press's tabulation of the first 90 to report showed earnings 43% above the same quarter of 1939 (68% not counting overweighty American Tel. & Tel.). The reasons for this paradox were that: 1) although production continuously declined, the quarterly average was still good because of big backlogs of orders piled up last fall; 2) first-quarter earnings looked good because they were compared with the very poor first quarter...
...business world is talk of better business. Last week spring talk was of firming stock and commodity prices, of imminent upturn. But spring statistics had yet to measure up to the spring feelings of business. Although February production was figured at 109 on the Federal Reserve Board index (down 19 points from December's all-time high), most visible signs still indicated that consumption and exports were not big enough to keep inventories from growing...
...Gained in Pollster Gallup's popularity index as a second-term President-up to 64%; still lagged below 50% as a Term III executive...
...decline, give the bulls something to snort about. But new buying depends on inventories waiting to be consumed. National Industrial Conference Board summary of 500 leading companies shows a 13% increase in value of inventories since Labor Day. Last week the ordinarily sluggish Bureau of Labor Statistics' price index (which jumped at the outset of the war boom) dropped from 79.1 to 78.8. This was evidence of the pressure of surpluses, suggested that inventories have become a problem...
...sales-about 45%. Ford last week bought 25,000 new tons (mostly of odd specifications) for only minor price concessions. But other big steel customers, sitting on ample inventories, were unfeazed, are trying to put steelmen over the barrel before reordering. Steel swings 18% of the Federal Reserve Production index...