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Watergate blamed for economic slump by executives
NY AP report notes airline chiefs George Warde of American Airlines and William Sewell of Pan American link Watergate uncertainty to weak demand and delayed plans. Psychologists say bad news shapes consumer expectations, influencing spending on travel, housing, and autos amid broader economic woes.
MENTIONED IN THIS ARTICLE
John Cunnitt
NEW York
Buffalo
George Warde
Americal Airlines
Pan ‘American World Airways
William Sewell
Watergate
George Kitueh
H & Poor