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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jul 26, 1971
Page
13
New York AP report notes ordinary Americans slowed purchases to cool demand causing $8.85 billion in 1970 charge account debt to fall below $8 billion in 1971 with March at $7.2 billion. Personal bankruptcies rise though stock-market shifts may not push small investors into bankruptcy. Jobless rate around 5.6 percent remains a concern amid broad economic debate.
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