CONSTRUCTION: Business Builds

No. 1 feast & famine industry is heavy engineering construction. Ordinarily it does not get started until the rest of U. S. industry is already going full blast, until corporations need new factories and feel flush enough to buy them. This year U. S. industry started its war boom only in September, but last week it found that it had already carried the construction industry along with it.

Total construction contracts let in September (F. W. Dodge Corp.'s 37-State report) amounted to $323,227,000, compared to $312,328,000 in August, to $300,900,000 in September 1938. One curious brake on this big advance is...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!