Word: seasonale
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As September advanced it was possible, though not cheerful, to estimate business conditions in the country for the first nine months of the year. Beyond question the first three quarters of 1931 will go down in U. S. financial history as one of the most unsettled, depressed periods ever known...
Building Statistics for August, reported by Bradstreet's, showed a decrease of 26.9% in permit values in 215 cities compared with last year. The figures were 4.6% lower than July this year, against a normal seasonal increase of about 1%.
As the Germans have noted since the War, poverty forces frugality. Frugality prevents overeating, stimulates healthy exertion, resistance to disease. The current flare-up of infantile paralysis in & around New York City is seasonal, local, was dying down last week.
Carloadings for the week ended July 25 should have shown a seasonal gain over the preceding week. Instead the total of 741,000 cars was down 15,000 from the week before, down 177,000 from last year.
Reporting on foreign trade last week the Department of Commerce said that the total value of exports in May was the poorest since October 1914. Yet the excess of exports over imports (''balance of trade") continued large; ran at $193,700,000 for the first five months. The value of...