This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Recession Will Be Long And Deep
The piece forecasts a prolonged downturn for the U S economy with unemployment at 8.2 percent now and a grim 1975-1976 outlook. It notes higher inflation, weak consumer demand, plunging profits, and a deep postwar recession, citing Administration projections as overly optimistic. It also recalls the 1892 Springfield YMCA game noting Naismith’s peach basket invention.
MENTIONED IN THIS ARTICLE
News London
Economist News Service
Washington
LENS
Feap
America
Gerald Ford
Capitol Hill
United States
International Ymca Training School
Springfield
Mass
James Naismith
Naismith