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Consumer Optimism on Jobs and Income Rise
AP Business News Analyst SAM DAWSON reports consumer confidence grows as spending and borrowing rise, predicting more jobs and higher incomes this year amid steady inflation. Business and government anticipate stronger production, revenues, and growth through year’s end, while risks include unemployment, spending booms, price pressures, and looming labor negotiations. A closing note mentions Vienna’s Spanish Riding School with Lippizaner stallions.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
Steelmen