Word: profitable
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Dates: during 1940-1949
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...Army Air Forces and, on a larger scale, the Surplus Property Board, have offered to send obsolete and excess equipment to any non-profit school that will pay the transportation costs. So far enthusiastic school heads have asked for almost $20,000,000 worth...
Most manufacturers will be eager to get back into peacetime business. Most have reserves to pay for the actual costs of the changeover. But is there going to be enough prospective profit to speed production after the changeover? That was the issue raised last week by the National Industrial Conference Board. It took OPA to task for trying to fix prices of civilian products at 1942 levels, or only a shade over them. This price policy, said the Board, may do exactly what OPA does not want. It may hamstring big-scale production of the civilian goods which would relieve...
...policy, said the Board, is based on three mistaken assumptions: that 1) labor productivity has so increased during the war that "current wage rates are justified or desirable"; 2) manufacturers will sell more than in 1941, thereby cutting costs by quantity output; 3) the profit which manufacturers made in 1936-39 is an adequate measuring stick...
...profits, in many cases, are not adequate because, for one reason, in that period "more than 50% of manufacturing corporations failed to make a profit...
...Nobody knows exactly what the costs of production are going to be as industry gets into full swing. We do know that there's lots more production know-how, more and better plants, and that volume will probably break all records. We are confident that profit margins will be much higher than...