Business spending climbs early 1949 while cuts loom later
Government surveys show business plans to spend 5 percent more on plant and equipment in the first half of 1949 but to cut outlays by about 900 million dollars in the second half, signaling a potential recession, with public spending expected to cushion the impact. Rep. O'Toole proposes stopping price fixing, arguing it costs the public about half a billion yearly.
MENTIONED IN THIS ARTICLE
O’toole
The Gas & Electric Company Service Promise
A Cincinnati Gas & Electric dispatcher handles a late night emergency call about a sick child and lights failing. The story praises prompt cheerful service as crews rush to fix issues, noting last year’s totals of 1,055,181 miles driven and 385,536 service requests answered.
MENTIONED IN THIS ARTICLE
Gas & Electric Company
Also Mentioned on This Page
Business News
O'Toole
N. Y
Justice Department
Washington
The
Cincinnati Gas & Electric Company