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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 30, 1956

Page

5

End of Year Reflections on Local Business 1956 Trends

Local retailers report a steady year with strong furniture and hosiery sectors, amid broad industry mergers and shifting marketing patterns. Growth along Ward Street’s furniture row and solid building activity contrast with hosiery challenges from tight credit and wage changes. Economic outlook remains uncertain, with economists optimistic for six months but no clear signposts for demand.

Ward Street Chamber of Commerce

Civil plane population growth projection stated

The article notes advances in autonomous plane capabilities as missiles handle some roles of crewed aircraft, yet it foresees a substantial ongoing rise in civilian aircraft, predicting a total around 82 000 by a stated year.

United States

Ted Curtis tackles U S air space squeeze and jet era

Edward Peck Curtis, a World War I ace and Eisenhower aviation adviser, leads a White House effort to prevent air traffic congestion as jet transport looms. He outlines a long range plan, aided by a top engineer team and three research groups to map future air needs through 1977.

Vern Haugland Washington Edward Peck Ted Curtis France Baron von Richthofen America Eisenhower U.S White House Congress U. S. Airways Civil Aeronautics Administration Ing World Capitol Hill Preston R. Basset Ridgefield Conn Cornell Aeronautical Laboratory, Inc Buffalo N. Y The Aeronautical Research Foundation Boston Edward P. Curtis Washington, D. C

Signs Point to Good Business In 1957 Prospects

Walter Breede Jr. notes signs of strong profits and higher incomes as 1957 nears. Steel demand remains high but tax breaks for new plants are blocked. Energy, shipbuilding, and oil investments promise long growth, with GE TV layoffs signaling some soft spots. Inflation looms as a key risk to purchasing power and homebuilding.

Walter Breede JR New York Standard Oil Co New Jersey Venezuela Canada United States B. Earl Puckett Allied Stores Corp Wards Automotive General Electric Co Secretary of Commerce Sinclair Weeks Norman Strunk U. S. Savings & Loan Assn

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