Word: nonfarming
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Last week the Commerce Department's index of wholesale industrial prices (nonfarm, nonfood products) showed the amazing stability of current industrial prices. The new figure of 115.7 (1947-49 = 100) was the same as a month before and only 1.2 points above the year-ago level...
...farmer really the forgotten man of the boom? Actually, he is doing better than figures of the past few years indicate. Since 1939, farmers' incomes have risen more sharply than nonfarmers' (276% against 189%). The purchasing power of individual farmers has also been disproportionately higher; it is up 70% since 1939, compared with a 50% hike for non-farmers. Moreover, the trend from farm to city cut the number of farmers by 3.5% last year. Thus, per capita farm income last year rose slightly (from $914 in '53 to $918). At the same time per capita nonfarm...
...nation's employed labor force (62,242,000) there are only 6,970,000 farmers. The 17 million labor force of 75 years ago was divided almost equally between farm and nonfarm. Women workers (19,353,000) today are 31% of the labor force, compared to 25% in 1940. There are 1,273,000 fewer farm workers and 321,000 fewer domestic servants than in 1940, but 1,836,000 more commercial service workers. Of the nation's 2,678 female morticians and embalmers, 35 are unemployed...
...than James Robert Price of Lafayette, Ind. As founder and boss of National Homes Corp., Price has succeeded where many another failed: he proved that a prefabricated house can be mass-produced and sold at a profit without looking like a Quonset hut. Last year Price sold 14,127 nonfarm houses; in 1954 he will account for one out of every 48 started. On a gross of $41 million, National netted $1,700,000 in fiscal...
...increase its capacity at Lafayette and build a new plant in Dallas to tap the fast-growing Southwest market. The new program will boost National's production from 120 houses a day to 275. Next year's production goal: 30,000, or about one in every 25 nonfarm houses built...