Word: retailing
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Dates: during 1950-1959
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...past year), but the construction industry has continuously racked up new records. Last week the Commerce Department reported September construction at an alltime high of $3.6 billion. Personal savings hit an estimated $8.2 billion in the first half v. $6.7 billion in the first six months of 1953. Retail sales have kept almost level with last year, and spending for plant and equipment (at $26.7 billion) is down only...
...mountain summer. G.O.P. Congressman William Henry Harrison, grandson and great-great-grandson of Presidents Benjamin and William Henry Harrison, won the Republican nomination, but only after a bitter primary fight with former G.O.P. State Chairman Ewing T. Kerr. Wyoming's tourist business is down about 15% and retail business is off about 10%. A drought has grown worse, and Democratic Candidate Joseph O'Mahoney, a veteran of 10 years in the Senate who was swept out of office by the Eisenhower landslide, is finding the parched grazing lands a fertile political asset...
COLOR TV-MAKERS will increase production in 1955 to 25% of all TV sales, for a retail volume of $375 million...
...ships in U.S. shipyards. In its overall purpose, the new program is little different from the many ship-subsidy programs that the Government has launched since the basic Merchant Marine Act was passed in 1936. But in its operation under Maritime Board Chairman Louis S. Rothschild, a Kansas City retail mag nate who has been in charge since 1953, it will be a stronger program, notable for its cost-conscious, businessman's approach...
Many another business took an optimistic view. The American Retail Federation reported to President Eisenhower that it expected this year to set a new record for retail sales, surpassing the previous peak last year. In Detroit, where auto production is tapering off for model changeovers, Chrysler Corp. estimated that it would have 84,400 workers on the payroll in the Detroit area by mid-November, up 30,300 from last month, when 1954 model output stopped, and just 3,600 under the year's high of last January. The Department of Commerce reported that industrial production bounced back...