National Economic Situation and Outlook for 1966, Talk by James P. Cavin, Director, Economic and Statistical Analysis Division, Economic Research Service, at 43d Annual Agricultural Outlook Conference, Washington, D.C., Nov. 15, 1965

National Economic Situation and Outlook for 1966, Talk by James P. Cavin, Director, Economic and Statistical Analysis Division, Economic Research Service, at 43d Annual Agricultural Outlook Conference, Washington, D.C., Nov. 15, 1965
Title National Economic Situation and Outlook for 1966, Talk by James P. Cavin, Director, Economic and Statistical Analysis Division, Economic Research Service, at 43d Annual Agricultural Outlook Conference, Washington, D.C., Nov. 15, 1965 PDF eBook
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Pages 10
Release 1965
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Monthly Catalog of United States Government Publications

Monthly Catalog of United States Government Publications
Title Monthly Catalog of United States Government Publications PDF eBook
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Release 1966
Genre Government publications
ISBN

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National Economic Situation and Outlook for 1960

National Economic Situation and Outlook for 1960
Title National Economic Situation and Outlook for 1960 PDF eBook
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Pages 7
Release 1959
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Agricultural Situation and Outlook for 1967, Talk by Rex F. Daly, Chairman, Outlook and Situation Board, at 44th Annual Agricultural Outlook Conference, Washington, D.C., Nov. 14, 1966

Agricultural Situation and Outlook for 1967, Talk by Rex F. Daly, Chairman, Outlook and Situation Board, at 44th Annual Agricultural Outlook Conference, Washington, D.C., Nov. 14, 1966
Title Agricultural Situation and Outlook for 1967, Talk by Rex F. Daly, Chairman, Outlook and Situation Board, at 44th Annual Agricultural Outlook Conference, Washington, D.C., Nov. 14, 1966 PDF eBook
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Pages 8
Release 1967
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General Economic Outlook for 1958

General Economic Outlook for 1958
Title General Economic Outlook for 1958 PDF eBook
Author Nathan M. Koffsky
Publisher
Pages 8
Release 1957
Genre Agriculture
ISBN

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Agricultural Outlook

Agricultural Outlook
Title Agricultural Outlook PDF eBook
Author O. C. Stine
Publisher Forgotten Books
Pages 24
Release 2018-01-10
Genre Business & Economics
ISBN 9780428736613

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Excerpt from Agricultural Outlook: Address by O. C. Stine, Assistant Chief, Prices, Income, and Marketing, Bureau of Agricultural Economics, U. S. Department of Agriculture, at the 27th Annual Agricultural Outlook Conference, Washington 25, D. C., October 31, 1949 The inter - relation between agriculture and industry in the national economy is commonly recognized. As long as workers are free to shift from agriculture to industry, there, will be a tendency for labor and the use of resources to shift from agriculture to industry when industrial incomes are relatively high, and to return to agriculture in a depression or when agricultural earnings are relatively high. I think the best indication of parity income is recorded in the relation of the average annual earnings of employed industrial workers to the average income from agriculture per pers working on the farm. From 1945 to 1948, agricultural earnings have been hi in relation to earnings in industry - not high in dollars, always lower-but high in relation to prewar averages. Under these conditions, farmers were willing to pay relatively high wages. The turn in this relationship in 1949. Industrial wage earnings have continued upward, but farm wage earn ings have turned downward. The minimum wage legislation provides continued support for high wage earnings for the employed industrial workers. While there is no such direct support for farm wage rates, the support program will contribute to some extent towards maintaining the income of workers engaged in agriculture. The level of national employment is an important factor in the agricultural situation and prospects. In the war period, there was over employment which resulted in great scarcity of farm labor. The readjustment in employment to a more normal relation to the total population has eased the farm labor situation. As unemployment increases as it has in recent months, some industrial workers are released to return to the farm to provide more labor and at lower wage rates. However, we must look at this labor situation from another standpoint and that is the effect upon the demand for farm products. A high level of employment at high wage rates maintains purchasing power. Unemployment reduces purchasing power, The purchasing power will depend upon total wage payments, plus unemployment insurance for those who are out of work. Social security provides a shock absorber against such severe depressions as we had in 1921 and 1931-32, just as price supports tend to reduce the shock of postwar adjustments in agriculture. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Western Hemisphere Agricultural Situation- Review of 1965 and Outlook For 1966

Western Hemisphere Agricultural Situation- Review of 1965 and Outlook For 1966
Title Western Hemisphere Agricultural Situation- Review of 1965 and Outlook For 1966 PDF eBook
Author United States. Department of Agriculture. Economic Research Service. Foreign Regional Analysis Division
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Release 1966
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