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Iowa Farm Science

Abstract

Present economic "straws in the wind" indicate a fairly high level of economic activity and demand for farm products generally for the next year. If defense spending declines after mid-1953 as presently scheduled, some cut-back in business investment in plant and equipment probably will occer, as the build-up in capacity associated with the defense program is completed. In such a situation, the economy through the later part of 1952 may trend slightly downward.

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