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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Dec 30, 1911
Page
23
Waterloo executives across iron, farm implement, clothing, and packing firms report the 1911 downturn fading as farmer demand rises. They cite farmer wealth, bank lending shifts, and inventory corrections as keys to a rebound with 1912 expected to be a big year for Waterloo industry.
The gas engine sector, linked to farmers, remains optimistic despite election chatter. Leading firms report 1911 weaker than 1910 yet still healthy, with 1910 a peak year. Capacity doubled in 1910 and again for 1911, then slackened but did not cut jobs. Now demand and hours recover as space expands, with full-time work returning and orders ahead. Political agitation noted but industry expects a strong year ahead.
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