Up in Factories and Mines Output Up in May
The Federal Reserve Board reports seasonally adjusted industrial production in May at 125 percent of the 1947-49 average, up from 123 in April after a downturn. May marked an end to an eight month decline, with gains across durable and nondurable goods and minerals. Construction hit a new high, unemployment fell, and department store sales neared April levels as prices of agricultural products eased.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Reserve Board
Industry urged to defend plants from future attacks
U S Chamber of Commerce president D Johnston warned about a likely first assault on U S industry to cripple war production. The one day conference outlined plant dispersion bomb resistant construction and worker protection with participation from Ford Chrysler GM Studebaker GE Westinghouse Remington Rand and other major firms and industry groups.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington Vpi
Clem D. Johnston
U.S. Chamber of Commerce
Johnston
America
Hugh Military
Xie Chamberhead
Civil Defense
Pentagon
Eisenhower
Arthur S. Flemming
Val Peterson
Donald A. Quarles
Gen. W. 5. Paul
ODM
Charles F. Honeywell
Commerce Department
Business and Defense Administration
John Redmond
The
Rappers Co
Pittsburgh
Ford
Chrysler
General Motors
Studebaker
General Electric
Westinghouse
Western Electric
Remington Arms
Kaiser Metal
United States Steel
Remington, Rand
American Machine & Foundry
Heracles Powder
Eastman Kodak
Sylvania Electric
Philco
Curtiss Wright
Associated General Contractors of America
American Ordnance Assn
American Institute of Steel Construction
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