Map depicts significant story on pickup in American industry. Washington, March 30. Tow lines on this chart hanging in the office of Isador Lubin, Commissioner of Labor Statistics, Department of Labor, tell a significant story of the pickup in American Industry since 1933. Mr. Lubin points to line no. 1 which represents the consumers or nondurable goods industries (food, clothing, etc.) it began to climb in 1933 and has been on the upgrade ever since. Line no. 2 represents durable goods or heavy industry (steel building materials, machinery). It was hardest hit by the depression, lag
Map depicts significant story on pickup in American industry. Washington, March 30. Tow lines on this chart hanging in the office of Isador Lubin, Commissioner of Labor Statistics, Department of Labor, tell a significant story of the pickup in American Industry since 1933. Mr. Lubin points to line no. 1 which represents the consumers or nondurable goods industries (food, clothing, etc.) it began to climb in 1933 and has been on the upgrade ever since. Line no. 2 represents durable goods or heavy industry (steel building materials, machinery). It was hardest hit by the depression, lagged far behind even during most of 1936. But line no. 2 is going almost straight up. By March 1, it has attained a level almost parallel with consumers goods. This means that for the first time since 1929, payrolls in vital heavy industries are once again in a normal relation to payrolls in the consumer industries.
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