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Defense Spending Boosts Weaker Firms In 1951 Hope
The 1951 defense spending year is seen as a breather for weak firms lacking the energy and imagination to thrive in 1949-50. It will emphasize government contract procurement and production volume over quality, with many reports of war orders boosting profits. The piece notes industry shifts, inflation concerns, and the broader effect on economic behavior and public service.
MENTIONED IN THIS ARTICLE
Merrill-Lynch
Bon Ami
Leslie Stephens
Retail Merchants Committee
Chamber of Commerce
Sears-Roebuck
Sam Elkins
McDonald Auto Supply
Louie Vogel
Sam Albright
Loewenstern Co
McKesson & Robbins Liquor Division
Wayne O'Keefe
Amarillo
O’keefe
Main Street
Tate
e+ & Periston
Schenley Industries, Inc
Periston
Paul H. Nystrom
Columbia University
Business Week
Nystrom
Dudley J. LeBlanc
Hadacol
Louisiana
Lafayette
A & & Holly
Dha Virginia
San Jacinto
Ray Martin
Department of Commerce
Dallas
Texas Employment Commission
Russia
Chicago
Detroit
New York
Washington
Moscow