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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jul 08, 1943
Page
7
Present and past rainfall data show 24 hours ending 8 a.m. at 0.19 inches, July to date 0.19 inches, year to date 20.12 inches, and average annual rainfall over 30 years 36.11 inches. Monthly averages based on 1913-41 stand at January 2.49 inches, February 1.98 inches, March 2.89 inches, with statistics courtesy Winchester Research Store.
War production surged to a rate six times pre war levels by mid 1943 with a goal of 106 billion dollars for 1943. Output focused on heavier aircraft while civilian goods dwindled and inflation risks grew as national income rose to about 135 billion annually. Wages were frozen to curb living costs and rationing expanded amid wartime demand.
The era ends war prosperity as taxes rise and bond drives move dollars from consumer hands. Employment soars to a record 60.9 million, stock markets climb, and postwar planning debates spark questions about private enterprise versus government roles, price controls, and currency plans.
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