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The Demand and Price Situation: November 1937 (Classic Reprint)

The Demand and Price Situation: November 1937 (Classic Reprint)

          
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About the Book

Excerpt from The Demand and Price Situation: November 1937

The domestic demand for farm products probably will not be as favorable in 1958 as in 1957. This outlook is based upon prospective trends in industrial activity, consumer incomes and the general price level. Since 1955 industry has been experiencing a general cyclical rise, which has been halted in the fall of 1957. Although it is impossible to determine definitely to what extent the present recession will continue into 1958, the chances appear to be against a sufficiently early and vigorous rise to bring the averages of industrial activity and of consumer incomes for 1958 up to those for 1957.

The general upswing of a major business cycle usually is characterized by shorter periods of recession during which business sentiment becomes less opti mistic, security prices decline, business men postpone extensive commitments, and the general uncertainty leads to hesitant buying by potential consumers of many products. Stocks of finished and semi-finished merchandise may accumulate in dealers' hands, and orders received by manufacturers decline as buying is placed on a hand-to - mouth basis. Business has entered such a phase in the latter part of 1957, as a result of conditions which have been discussed in recent issues of the Demand and Price Situation. There is reason to believe, however, that this recession does not mark the beginning of a severe and prolonged depression.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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Product Details
  • ISBN-13: 9781390456882
  • Publisher: Forgotten Books
  • Publisher Imprint: Forgotten Books
  • ISBN-10: 1390456889
  • Publisher Date: 09 Sep 2018


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