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" ... notice. The noteworthy feature of the recent pick-up in business activity is that it mainly resulted from the normal workings of self-corrective forces within the private economy. Last summer, many manufacturers curtailed production of items for which... "
Conduct of Monetary Policy: Hearings Before the Committee on Banking ... - 81. lappuse
autors: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - 1977 - 206 lapas
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Conduct of Monetary Policy: Hearings Before the Committee on Banking ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - 1977 - 224 lapas
...manufacturers curtailed production of items for which inventories were rising too rapidly. Retailers, in their turn, offered price concessions to consumers...advanced nearly 15 percent from the preceding quarter and readied the highest level in more than 3 years. Thus, despite some weakening in the pace of business...
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