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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
May 15, 1963
Page
6
AP analysis notes debate on moderate inflation as stimulus versus harm to fixed incomes. Experts like Dr. Marcus Nadler challenge the growth justification, stressing productivity must lift all groups. Workers face higher costs unless wages keep pace.
New York AP reports optimism from businessmen as the first half of the year shows gains. Inventory building may rise in the current quarter, steel workers weigh a possible settlement, and several sectors predict higher profits, with defense orders and auto sales driving activity.
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