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Babson forecasts 1973 economy after 1972 peak
Babson's Reports expects 1973 GDP growth with rising wages and near full employment, while unemployment edges down to about 5.5 percent. Consumption should rise as prices and savings shift, with inflation containment and a modest bond market, as corporate profits grow about 12 percent after taxes. Dow targets around 1000 plus potential gains, but labor tensions loom.
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Babson’s Reports
Babson
U. S. Treasury
Treasury