Abstract

If Peace Breaks Out

Chase, Stuart | June 11, 1949 issue

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The article presents information on financial summary of the United Slates, as released by the Federal Reserve Board. The post-war inflation of course had long since come to an end; but after a salutary shake down in prices and costs, gross national income had leveled out at $250 billion and unemployment at two million. Prosperity seemed assured for some time to come. Consumers, the story went on, had given up their buyers' strike and flocked to the stores again, now that prices were at levels which they considered reasonable. The stock market was having a little rally of its own. Strikes were at a ten-year minimum in man-days lost.

See Also:

FINANCE -- United States; UNITED States. Federal Reserve Board; INFLATION (Finance); NATIONAL income; STOCK exchanges; UNITED States
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