Key Farm Plans for 1953 Business Trends Highlight
Agricultural economist Thome M. Stubblefield of the University outlines 1953 farm and business trends. Government spending on schools and highways is likely to rise, boosting demand for consumer goods, while private investment may dip slightly. Construction activity peaks in 1952 and may fall 10 percent in 1953 with residential building easing. Overall, early 1953 may rise before leveling off.