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Harper Herald in Harper, Texas

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Newspaper

Harper Herald

Location

Harper, Texas, United States of America

Date

Nov 07, 1952

Page

2

Babsons Outlook 1951 Economic Forecast Special Exclusive

The United Nations will withdraw from Korea during 1958. The 1951 U.S. economy is expected to post the highest national income on record despite defense orders keeping total business volume below 1950. Inflation fears loom and government credit controls may curb civilian production, with wage gains limited and tax pressure rising. stock and bond markets face mixed prospects as imports grow and exports shrink.

United Nations Korea United States Kedueling Defense Congress Russia Europe Politburo Federal Reserve Federal Reserve Board

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