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consumers, the reports show. Because of their uncertainty as to where the economy was heading, what with the war still going on and with inflation and unemployment on the rise, they adopted a wait and see attitude, meanwhile putting more of their money into savings.
The net result is that local consumers have a bigger reservoir of funds than usual to turn to. They will bring them out and return to the marketplace in force when they regain confidence.
The United States is the world’s largest exporter of farm products. Our nation accounts for about 20% of world agricultural trade.
Output per man-hour on the farm in this country increased 82% between 1957-58 and 1968
94.1%