Business: Slippages & Shortfalls

Too much of 1952's production was in peacetime goods which the U.S. could afford to do without. The U.S. got 4,300,-ooo new autos, although only 3,000,000 had been scheduled for production. But out of 12,000 military aircraft called for, only 9,000 were completed. Sample bottleneck: for lack of a small electronic part, engines could not be delivered to North American Aviation and powerless Sabre jets had to be lined up in long rows outside the plant. War production fell so far behind schedule that the schedules themselves were cut during the year so as to lower the peak of the...

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