City's Indicators Reflect Contradictory U.S. Picture
by Stanley Meisler
Commentary by Stanley Meisler
November 8, 1953
November 1953
Middletown, Ohio
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Middletown’s Business - Middletown's part in the nation’s entangled business plot was not unravelled by the October economic indicators released last week by the Chamber of Commerce. Optimists searching for a foundation might note that sales tax and postal receipts were higher than September 1953 and October 1952. Construction, down from September but better than October of last year, also might be viewed with favor by the optimists. At the same time, the picture shown by banking and unemployment figures might add to the pessimist's woes. The local business totals could be viewed as indicating everything or nothing. Construction value in October dropped considerably from its September level, as shown on the accompanying chart. At the same time, last month’s total was well above the 1952 figures...
Middletown’s Business - Middletown's part in the nation’s entangled business plot was not unravelled by the October economic indicators released last week by the Chamber of Commerce. Optimists searching for a foundation might note that sales tax and postal receipts were higher than September 1953 and October 1952. Construction, down from September but better than October of last year, also might be viewed with favor by the optimists. At the same time, the picture shown by banking and unemployment figures might add to the pessimist's woes. The local business totals could be viewed as indicating everything or nothing. Construction value in October dropped considerably from its September level, as shown on the accompanying chart. At the same time, last month’s total was well above the 1952 figures...
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