Economic Developments in United States in 1926

Archive Report

Throughout the year 1926 activity in most lines of industry and trade was maintained at a. high level, and the aggregate volume of business for the year as a whole was the largest in the history of the country. Production in manufacturing and mining industries exceeded all previous records and yields of most crops were large. Employment was general in most industries; payrolls were high; and recorded corporate earnings for the first three quarters of the year indicated that earnings for the year as a whole would probably exceed those of 1925. Record freight car loadings and large sales of wholesale and retail firms indicated that the aggregate volume of goods passing to consumers was maintained at a high level. Exports averaged larger for ...

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