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Business Outlook Consensus Not Altogether Encouraging
AP analysis notes a mixed midyear view of the economy with some indicators rising while others lag. Unemployment may ease only slowly, possibly staying near 8 percent into 1976, inflation easing but still around 6 percent through mid-1976, and food prices likely to follow the general rise amid potential weather-driven cost shifts. Housing shows tentative revival as new single family home sales jump 25 percent in April, signaling a cautious demand pickup.
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Joan Cunniff
NEW York (Ap
Business Week