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Garden City Telegram in Garden City, Kansas

25 Mar 1963

Page 7

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Garden City Telegram March 25, 1963 Page 7 old newspaper archives

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Mar 25, 1963

Page

7

Regional Economies Show Varied Spring Outlook Across Nation

AP Business News Analyst Sam Dawson reports the varied spring economic picture with growth strongest in the West and Southwest and slowest in older industrial areas. Department store sales from January 1 to March 16 show Boston up 6 percent, New York 2, Richmond 5, Atlanta 8, Chicago 5, St. Louis 3, Minneapolis 3, Kansas City 4, Dallas 2, San Francisco 6, while Philadelphia and Cleveland each fall 1 percent amid strikes. Unemployment in Pennsylvania runs 9.3 percent versus a 6.1 percent national rate. The story notes regional differences in imports, exports, labor, and financing amid ongoing national and international problems.

MENTIONED IN THIS ARTICLE

Sam Dawson AP Business News New York Federal Reserve Boston Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Philadelphia Cleveland Pennsylvania
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Washington currency rates and regional investment dynamics

Washington weighs effects on the national economy and U S standing in world financial centers as rates vary by section. Exploding Far West economies seek investment money and offer high yields to attract funds from older regions. Easy money or high cost affects regions differently as the national beat shifts. Tuesday notes unemployment as a key problem.

MENTIONED IN THIS ARTICLE

Washington United States Far West
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