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Incomes Climb Despite Early 1960s Economic Unease
The Commerce Department reports February personal income rose by 2.7 billion dollars to a record annual rate of 432.8 billion, driven by wage and salary payments and longer work weeks in manufacturing. Cold weather caused January weakness, sparking concern among officials about a premature stall in the recovery. the administration plans a broader review once February data are complete.
MENTIONED IN THIS ARTICLE
Washington
Commercal
Knedy
President's Economic Council