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.
Iowa Farm Science Editorial Board
"1952 Fall Feed and Livestock Situation,"
Iowa Farm Science: Vol. 7
, Article 7.
Available at: https://lib.dr.iastate.edu/farmscience/vol7/iss3/7