Word: retails
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Dates: during 1940-1949
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...Panama for the Panamanians" is the slogan on which President Arias was elected, with the help of his steamroller machine. Arnulfo Arias is a young and patriotic man who fears his native land is losing its identity. He has seen most of its retail business taken over by Chinese, Eastern Europeans and East Indians. He has seen Jamaica Negroes, first imported to build the Canal, monopolize jobs on that waterway. He has seen the import business, utilities and banking taken over by Anglo-Saxon Americans, by the British and by Germans. He has heard English spoken on the streets...
...consumers bought new cars partly in fear of priorities, they bought other things because they had money to spend. Retail sales in 1940's last quarter ran about 10% ahead of 1939. Sears and Montgomery Ward, whose sales reflect farm buying, set new sales records in 1940-10-15% above...
This week, as U. S. retail sales reached their annual peak, U. S. corporate largess did the same. Directors shook the Christmas tree, brought down a shower of bonuses, raises, extra dividends...
...Most significant of all, automobiles have put the gloom casters to shame. In spite of bad weather, Detroit had its best November ever, sold 400,000 cars to retail customers. One catch to this performance: although the 1941 model year began early, the early-season rush is still on. Also, many buyers have been frightened into premature turn-ins by the thought that the 1941 models may be the last for some time. Yet the automakers, just as scared of rationing as their customers, have been anxious to build year-end inventories up to the level...
Main reason for the domestic retail crescendo has been 1) the assurance of future work guaranteed by rising order backlogs, 2) re-employment. Last week the American Federation of Labor issued its monthly employment figure: U. S. employment, which from January through August rose only from 43,103,000 to 44,903,000, by the end of October had jumped to 46,063,000. Yet a disconcerting number of the U. S.'s armament and capital-goods makers were still working only eight hours a day. A cheering announcement - particularly for the U. S.'s remaining...