Page "government" Paragraph 802
from
Brown Corpus
In the electronics industry, this tendency is well illustrated by inventories of TV sets.
Factory stocks in recent months have been the highest they have been in three years, while those at retail are below 1959.
The total value of our industry's shipments, at factory prices, increased from $9.2 billion in 1959 to approximately $10.1 billion as a result of increases in all of the major segments of our business -- home entertainment, military, industrial, and replacement.
I believe a further gain is in prospect for 1961.
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