Word: retailing
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Dates: during 1950-1959
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...paid by ranchers and farmers-who paid by taking lower prices for meat animals." As evidence. Benson cited Agriculture Department figures showing that in the fourth quarter of last year the average farm price of choice beef was 19% below the last quarter of 1954, but the retail price was down only...
...economy's health. Though the January employment report showed a 1,300,000 seasonal job slide since December, the total of 62,900,000 employed was still 2,700,000 better than January 1955. Construction for January was also down from December, but 1% ahead of 1955. January retail sales slipped $5.3 billion from December; even so, the figures were 6% better than the same month...
Trade deficits, unbalanced budgets and the threat of inflation are also worrying Europe's smaller nations. Sweden is trying to nip inflation with special taxes, but such measures are not enough. With a 10% gain in wages last year, Swedish workers jammed retail stores and created a huge new demand for imported products. As a result, Sweden ran a $50 million trade deficit last year, twice as much as in 1954. Denmark, on the other hand, held its imports down and boosted exports $70 million last year, thereby cut its $200 million trade gap to $135 million. Yet Denmark...
...more goods available. The puzzler here is how to finance the government's share of the program and at the same time slow down the currency presses. In the past few years, the government custom of printing new money to meet budget deficits has kept inflation spiraling dizzily. Retail prices have almost doubled within three years, rising faster than wages. Among Brazilian workers, the resulting sag in real wages has brought on a rancorous discontent...
...closed, 88% of 50 manufacturers surveyed reported better sales (average increase: 42%) than at the 1955 winter market. Though most manufacturers predict price increases in 1956, buyers and sellers alike were confident that 1956 furniture sales would run 3 to 5% ahead of last year's record-breaking retail market (about...