![]() ![]() Produced from 204 billion dollars in 1946 to 230 billionĭollars in 1947 reflected the increase in the real output of The increase in the total value of goods and services In large quantities to aid in rehabilitation and reconstruction. That consumers' and producers' goods were shipped abroad ![]() Plants, residential buildings-was made at the same time To the Nation's stock of capital goods-industrial machinery, Workers, businessmen, and corporations, and of a higher Period of markedly higher money incomes for individual With the resumption of the upward movement of businessĪfter mid-year, 1947 as a whole was a period of substantialĪdvance in production, employment, and trade. States and influenced domestic prices of farm products, Situation imposed added requirements upon the United The deterioration of the world agricultural Mid-year and the continuing strength of some of preexistingĭemand resulted in a renewal of the upswing in purchasingĪnd prices. The emergence of new and substantial demand factors by Supply-demand position better balanced and with downward The spring came a period of relative stability, with the Was evidencing a tendency toward increasing caution. To peacetime requirements was largely spent, and business Which came after the end of the war as the economy geared Which had restrained the upward movement to the middle ofġ946, were still seeking a higher equilibrium to balanceīy the second quarter of the year, the initial impetus Nation's resources and continued strong sellers7 markets.Īs the year opened the forward movement of production andĭistribution engendered by the progress of reconversion ![]() The year 1947 witnessed virtually full employment of the Make remittances direct to the Superintendent of Documents, United States Government Printing Office, Weekly statistical supplement, $3 a year Foreign $4. AVERELL HARRIMAN, Secretary-Office ofīusiness Economics, M. Published by the Department of Commerce, W. Mention of source will be appreciated* J^ PROGRESS OF THE POSTWAR TRANSITION-A REVIEW OF 1947ġ1 OtC-Contents of this publication are not copyrighted and II To foster9 promote, and develop the foreign and domestic commerce of Statutory Functions: "The Bureau of Foreign and Domestic Commerce The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies. ![]()
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