Moderately Better 1958 Economic Forecast by Prudential
Carrol M. Shanks of Prudential predicts a moderately better 1958 economy with a real GNP near 450 billion, up 13 billion from 1957, aided by leveled consumer prices. Durable goods will revive as housing, credit buying rise, while non durable goods and services grow. forecasts include a 11 billion rise in consumer spending and 5 billion in government outlays, with mixed implications for inflation and money supply.
MENTIONED IN THIS ARTICLE
Carrol M. Shanks
Prudential Insurance Co
Advanca
United States
Gordon W. McKinle
U. S
Prudential Report
Federal Reserve
Eisenhower weighs future after stroke amid national burden
AP analyst James Marlow reports President Eisenhower’s health and energy tests shape questions about retirement as Nixon signals a shared decision process. Despite doctors urging reduced activity, Eisenhower maintains willingness to serve, while aides gauge whether he can carry out duties fully into a possible second term. The piece notes political pressure, budget prep, and alliance leadership as key factors amid ongoing health concerns.
MENTIONED IN THIS ARTICLE
James Marlow
Washington W
Eisenhower
Jacks
Nixon
Honolulu
Kauai
Hawaiian Islands
Hanapepe
Hanalei
Oahu
Lihue
Johannesburg
South Africa
Western
Jannesburg
Seszdent
Council
Cabinet
Mediterranean Storm Toll Climbs With Heavy Snow
Winter storms in the northeast Mediterranean killed 19 people, halted road and rail travel, and forced ships to seek shelter. The 2620 ton Greek freighter Mary K, under Costa Rican flag, is believed lost with 16 crew near Imbros. Rescue vessels found lifeboats, debris, and oil slicks. the Simplon Orient Express was snowbound near the Greek Turkish border.
MENTIONED IN THIS ARTICLE
Athens
Mediterranean
Imbros
Dardanelles Straits
Simplon Orient Express
Free Parking Boosts Local Shops in Suburban SUFFERN
SUFFERN New York Mayor James A Keenan Sr ordered free parking through Christmas Eve to aid Christmas shoppers in the village as traffic stalled around parkway centers. In western Thrace storms from the Black Sea abated after battering ships trains and grounding aircraft.
MENTIONED IN THIS ARTICLE
Thrace
Turkey
Black Sea
Also Mentioned on This Page
Gard
Remby
Cai
The
Tke
Congress
Kiluea
Mokuaeae
Navy
Couchal
Maru
Coast Guard
Kauwaiho Point
Niihau Island
Denver
Colo
Icheck
Lisan
Associa
Dodge City, Kontos
First Methodist Church
Main
Kansas
Tional Building
Edsel
Edsel Division
Ford Motor Company
Bartis Motor Company, Inc
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