> The harder U.S. industry plugs at war orders, the harder it gets hit with new contracts. In April, production was $2.5 billion, but new contracts of $19 billion brought total unfilled war orders to $99 billion. At the April production rate, the U.S. has a 2½-year backlog.
> Big retailers are choked with goods; New York City department-store inventories for April were 77% above last year, while sales showed only a 4% increase. To correct the maldistribution, WPB announced it would soon curtail both inventories and forward buying. Retailers, already jarred...
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