TRADE: Facts of Life

In Manhattan last week 2,000 retail merchants (members of the National Retail Dry Goods Association) met and faced the one big fact about their business in 1943: customers will have more money in their pockets, but scarcity of merchandise will cut sharply into retail trade. Volume in the fourth quarter is expected to drop as much as 20% under current levels.

Merchandise. Soft goods will be in fairly good supply, with more woolens available, but civilians will not get as much cotton cloth and less than 50% of the 1943 rayon yarn production. Men's haberdashery will tend more & more...

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