Babson Sees Building Boom Being Choired
Babson Park Massachusetts September 17 1937 August was the first month since May 1834 that home building was fewer than in the same month the prior year. Statisticians had planned prosperity on a boom in building. A 16 percent jump in construction costs over the past year smothers the boom. Rising wake scales and building material prices threaten prosperity. The Labor Department estimates 1,250,000 fewer workers in the United States than in 1929.
MENTIONED IN THIS ARTICLE
Babson Park
Massachusetts
Department of Labor
Construction jobs drive prosperity, says Hall
Hall argues unemployment stems from the building trades, estimating 3.9 million unemployed from the 7 million total, with roughly half of construction workers jobless. He notes home building at 50 percent of normal and 10 percent of 1928 levels, stressing the industry as the key to broader prosperity and labor demand in allied sectors.
MENTIONED IN THIS ARTICLE
Hall
Theseigures
Building Costs, Wages and Home Ownership Trends
Denys Wortman notes rising construction costs and high down payments for 1936 homes, with wages in building not keeping pace and unions boosting rates as recovery begins. Government relief and private wage support distort the market, threatening broader prosperity and home ownership as a barometer of stability. Local club notices and brief items follow.
MENTIONED IN THIS ARTICLE
Rew
New York City
WPA
PWA
Old normal slows home building after 1932 boom
The piece notes home construction remains far below capacity while shifts in costs and wages curb activity. From 1932 into the mid 1930s, new housing lagged behind demand, then showed a rise by 1936. Since 1944 gains appeared monthly but slowed again as construction costs surged. The analysis links rising costs to the reduced growth in housing starts.
Gottlieb the Tailor Ad Promotes Remodeling Services
Local tailor Gottlieb announces rising living costs and urges customers to economize by refining and remodeling existing garments. Services include dry cleaning pressing and ladies and gents tailoring at 711 Broad Street, phone 2785.
MENTIONED IN THIS ARTICLE
Gottlieb
Broad St
New Oberlin Grange Holds Regular Meeting
New Oberlin Grange met at the Grange Hall Tuesday evening with fifty attendees. Norris of Wellington spoke on agriculture along the Mississippi and Ohio rivers and the flood district. Mrs. Ernest Parks gave a pleasing lecture hour. The Grange Card party will be renewed Saturday night September 18, with plans for a public supper in progress.
Also Mentioned on This Page
Babson
Andyne
Tioga
Johnston Gift & Knit Shop
East Second Street
the China Shop
By Denys Wortman
Mason
Ridgeville
Martha Berg
Russia Farm Women's Club
Grange Hall
Josephine Bailey
Virginia Gibson
Gertrude
Elpore Schramm
Fimer Sehnbert
Beutab Feakina
William Kohn
Katherine Bott
Lorain
N. Webber
C. H. Davin
Allen Hospital
Oderne
Gerd Schmits
Charles Krakow
Avon Lake
Buck
Brown
Penney
Baby Pepperell
New Fall Millinery
Incorporated A
New Oberlin
Lovech
Carter and
Nichelen
Lersch
Gotham
Lersch’s
Sussex
Surrey
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