Word: slump
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Dates: during 1940-1949
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...president, Guy Warner Vaughan, was hard put to find answers. He admitted to the Committee that he had not been aware of many of the faults which the investigators had spaded up at Lockland, that "we weren't doing a job in some respects." He felt the production slump was caused by the reorganization the plant, was undergoing to eliminate the bad spots...
...civilian population has shrunk 2.4%. Reason: so many citizens have put on uniforms. Checking up between April 1940 and March 1943, the Census Bureau found that the overall U.S. civilian population had dropped from 131,300,000 to 128,200,000. Biggest slump was in New York (4.9%). Biggest jump (27.5): the District of Columbia...
Reasons for the slump are substantially the same everywhere : 1) the draft ; 2) new opportunities for young, fit women in the uniformed services or well-paid defense jobs; 3) lack of domestic help, which forces other women to spend more time at home; 4) apathy; 5) optimism. New Orleans' recruiting dropped off one-fourth in May, after the Tunisian victory. And in many a U.S. city discouraged CDVO leaders wondered whether anything short of an enemy bombing could put civilian defense back on its feet...
...fact that production of shipping and some other items is still up to schedule does not help the Ground Forces.* But any slump in the production of small arms, heavy artillery, vehicles, etc. is vitally important to them. For its barest needs the Army requires between May and December a 20% increase in railway equipment and Army boat production. Against the day when the desperate enemy may decide to use poison gas, the Army needs a two-thirds increase in the production of gas masks and poison gas. It needs a 95% increase in radar equipment production...
...March quarter of last year many manufacturers were in the midst of converting from peace to war production, so that both their gross sales and their net income were in a bad slump. By far the biggest profit increase among manufacturing companies for this year's first quarter (41%) was turned in by the auto industry, which was the hardest hit by conversion problems last year...