Word: ups
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Dates: during 1940-1949
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For lack of steel, Detroit's automakers were forced to lay off 37,000 more workers this week. But except for strike-born dislocations, the U.S. seemed on the mend from the recession. Employment had picked up so much that U.S. officials removed five areas from their "critical" list...
Cheered by the improvement, Federated Department Stores' able President Fred Lazarus took a speculative look at the future. For the rest of this year he guessed that unit sales would pick up and match last year's record high, although dollar volume would dip. Next year looked almost...
Fuller Shelves. Many retailers had already cleaned up their inventories too thoroughly. Last week they were busily restocking. After ten months of successive decline, U.S. retail inventories had jumped a tidy $500 million in September. There was still a tremendous amount of pent-up buying power. Disposable income had risen...
Instead of that, Labor M.P. and Editor Michael Foot of the weekly Tribune (whose pretty, 34-year-old bride is an independent film producer) thought the government should "use the opportunity presented by the spectacle of the rocking Rank empire to go into the film business itself." Foot wants to...
T.W.A., which has sputtered into one deficit after another since 1946, last week gave its stockholders a pleasant surprise. President Ralph S. Damon reported a profit of $3,931,910 before taxes for the first nine months of 1949, partly owing to the success of T.W.A.'s low-fare...