Word: inness
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Dates: during 1930-1939
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Early in 1939 TIME began publication of its Index of Business Conditions. Since then U. S. business has had a long slow sag, a shorter slow recovery, a sudden stimulant from war, a spurt to new high levels, a leveling off. TIME herewith presents, in relation to these events, a...
(The Federal Reserve Board reports both figures weekly. Bank debits-the total of all checks cashed-account fairly closely for all the business done in the U. S., for even a cash transaction, such as an employer paying off his workmen with currency, is customarily preceded by drawing a check...
Trade centre turnover and the Federal Reserve Board production index again moved roughly parallel during the next period in which business began to take hope of autumn improvement. But in August the two parted company for the rest of the year, for in that month the production index practically ceased...
Trade centre turnover did virtually the reverse; prewar, in mid August it climbed to a peak slightly higher than in January. Threat of war sent it skidding. Then during the "war boom" in production, it fluctuated vigorously without making headway and did not equal its prewar peak till mid November...
Times were tough in Walla Walla, Wash, (pop. 15,976) in the spring of 1932. The tariff wall which Canada hoisted in the early '205 had finally cut off the valley's chief market for fresh fruits, asparagus, tomatoes. Moreover, its wheat was going begging at 50? a...