1956 Boom Sets Stage for 1957 Developments
The piece notes two main drivers of the 1957 outlook: heavy business investment in new equipment and strong consumer spending on goods and services. It highlights shifts in 1956 spending patterns, auto and appliance markets, rising employment, wage gains, and a looming international backdrop including Middle East tensions and Suez concerns that unsettled Wall Street. It provides 1956 economic tallies: GDP near 412 billion, retail trade up 1 percent, housing starts about 1.1 million, and total construction up 3 percent, with steel production down after a July strike.
MENTIONED IN THIS ARTICLE
John Q
Business Bee
Sinack
Year 1956 reshaped world power balance and small nations
The 1956 upheavals altered power dynamics as Soviet and Western blocs contended with nationalist waves from satellites and neutral states. Poland and Hungary toppled Soviet influence, while Britain and France faced Egypt, testing the Atlantic alliance. The United Nations, aided by small nations, rose as a stabilizing force amid shifts in Europe, the Middle East, and global diplomacy.
MENTIONED IN THIS ARTICLE
Egypt
Gamal Abdel Nesser
Gemulka
Poland
Tito
Yugoslavia
United States
Russia
Washington
Moscow
Stalin
Middle East
Europe
Soviet Union
Kremlin
Hungary
Britain
France
Nasser
Suez Canal
United Nations
Canada
Gomulka
Religion and church vitality amid 1950s reform struggles
Amid racial desegregation debates in parochial schools and church reforms, American religion shows strong vitality. Denominations push anti segregation efforts while protests continue. Catholic leaders confront parishioner resistance in New Orleans over school integration. Major events include Lutheran federation assembly in Minneapolis and a Billy Graham campaign in New York City.
MENTIONED IN THIS ARTICLE
New Orleans
Benson Attacks Farm Surplus in 1957 Strategy
Ezra Taft Benson targets farm surplus stocks through soil bank expansion and export programs after a busy 1956. The secretary of agriculture aims to remove 40 to 45 million acres from production, reduce wheat and cotton surpluses, and lift net farm income further in 1957 while noting ongoing strong demand and rising farm real estate values.
MENTIONED IN THIS ARTICLE
William Feeris
Chicago
Ezra Taft Benson
Benson
Aue Otsue Weepu
du Doe Medd PLC
Agriculture Department
Congress
U S Begins the Conquest of Space
United States launches a new era in space exploration as rockets test fire to place a small artificial satellite in orbit. The plan envisions a messenger circling Earth every 90 minutes, revealing hazards and puzzles of space travel and possibly a visible dot in the sky by July.
MENTIONED IN THIS ARTICLE
Alton L. Blakeslee
Space
Earth
Entertainment Predictions and Hollywood Trends of 1956
The era of major studios selling to television sparked controversy as movies moved to TV and audiences flocked to older films for free. 1957 promised fewer shocks with safer formulas, while Broadway and international science milestones framed a year of boom and caution.
MENTIONED IN THIS ARTICLE
Hollywood
Greta Garbo
Ninotchka
Politics Eyes on the Future in 1957 Congressional Tilt
Washington analysis notes Democrats hold Congress after Eisenhower victory, while Republicans and Democrats prep 1958 1960 campaigns. Nixon's role seen broadening, Kefauver’s influence lingered, Stevenson fading, and fresh talent like JFK Kenney Clark Muskie eyed for 1960 prospects.
MENTIONED IN THIS ARTICLE
Eisenhower
White House
Congress
Capitol Hill
Nixon
GOP
Sen
Estes Kefauver
Tennessee
Kefauver
Stevenson
Sen John Fo Kennery
Massachusettz
Cho Lear
Joseph $ Clark
Sylvania
Eda
Muskie
Mane
Also Mentioned on This Page
Walter Breede
Satself
Detroit
Canal
Wall Street
Ion Bilonas
In Foreign Affairs
SY John M. Hightower
Warsaw
Budapest
Cairo
West
Dur Tee
Tanena Ad Khale
Cleveland
Minneapolis
The
Lutheran World Federation
Billy Graham
New York City
U.S
NEW York—Television d
Situation Courades
Ihe
Broadway
Porter
Berlin
Rodgers
Anauthor
Eugene O'Neil
Judy ‘Holliday
Atomic Energy and
Pacific Atoll
Atomic Energy Commission
Mars
Ife
Judy Holliday
Groodway
U.S. Navy
By Doug Cornell
National
Cooper
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