Key shortages grip economy sparks broader supply strain
In a sprawling analysis the article chronicles material and labor scarcities shaping 1970s industry. It cites lumber, worsteds, capacitors, and skilled trades as bottlenecks while noting railcar shortages, rising capacity use, and looming price pressures across fuels, metals, textiles, and plastics. It links weak inventories to higher production plans and allocations across sectors.
MENTIONED IN THIS ARTICLE
New York
John Muench
National Forest Products Association
Paul Honig
Anglo Fabrics Company
United States
Shortage of skilled workers cited by Conference Board index
The Conference Board relp-wanted index rose to 120 in January from 89 in 1972, signaling strong unfilled demand across many jobs. Herbert Bienstock of the Bureau of Labor Statistics notes severe shortages in secretarial work, with other gaps in sewing machine operators, taxi drivers, and statisticians.
MENTIONED IN THIS ARTICLE
Conference Board
Herbert Bienstock
Northeastern
Bureau of Labor Statistics
SEC Eyes Centralized Market Plan
The SEC unveiled a master plan to restructure securities markets by creating a central market system that links market centers with a comprehensive display of bids and offers from all qualified market makers in listed securities. The goal is to improve execution for small investors while preserving efficiency in the fragmented current system.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
Commission
Also Mentioned on This Page
Lakewood Center
Hazelbrook
Max Kupferberg
Repeca, Inc
Ing
Edward F. Lannigan
Reliance Electric Company
Alan K. MacAdams
Cornell University
Association of American Railroads
Douglas Greenwald
McGraw-Hill
National Association of Purchasing
St. Joe Minerals Corporation
Robert J. Leeds Jr
Manhattan Industries, Inc
Japan
International Paper Company
Ralph Harding Jr
The
Society of the Plastics Industry
Were
Woody’s
Sane
Artes
SEC
New York Times Service
Wallichs Music City
Wurlitzer
Steinway
Knabe
Lohmer
Story & Clark
Hammond
Lowrey
Jane of
the Department Store OF Music
Wallichi Music City
Lakewood Blvd
Lakewood
SUM
Buffums
al Music Cis
Young California
Varsity
Pricns
Pricas
Sarry
del Amo
Graywood
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