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Newspaper
Chanute Tribune
Location
Chanute, Kansas, United States of America
Date
Dec 31, 1960
Page
2
AP analyzes 1961 consumer outlook with jobs and pay under pressure from automation and shifting industries. Income may rise slowly, costs creep higher, food and services prices climb, and auto markets adapt to plentiful, cheaper compact cars amid modest wage gains.
A report discusses federal tax cuts amid recession and continued state local pressure for higher taxes to fund growing populations. It notes potential consumer gains if jobs hold, more spending choices, and price competition.
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