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Nixon Sees Bright Economic Outlook As Market Slumps
President Nixon voiced optimism about a summer recovery amid a stock market dive to six-year lows. Officials expect inflation measures to curb later this year while leading indicators show a slight March decrease and major steel and auto profits fell in Q1.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Paul W. McCracken
Council of Economic Advisers
Dallas
Wall Street
Kennedy
US Steel
Bethlehem
Republic Steel
Sidney Homer
New York
American Society of Association Executives
John L. Spafford
Houston
Tex
White House