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Economic Forecast Says 1973 Similar To 1972
AP Business Analyst notes economists foresee a repeat of 1972 conditions in 1973 with profits rising, inflation a threat, unemployment hard to curb, high personal savings, and wage-price controls continuing. NYSE economists expect sustained growth though inflationary clouds linger, with output rising about $100 billion to reach $1.26 trillion in goods and services.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
New York Stock Exchange