Consumer Spending Key To Recovery
New York reports consumer spending as the main engine for revival amid cautious business activity. High unemployment and inflation fears dampen confidence, but surveys show rising optimism and wealth, with savings at 7 percent of after tax income and potential $40 billion boost if savings return to normal.
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New York
Makedo
Wall Street Journal
Astronaut Recall Diminishes Soviet Moon Feat Amid Apollo 12 Milestone
On the first anniversary of Apollo 12, Alan Bean cautions against crediting the Soviet unmanned lunar craft too much. He notes U.S. manned activity on the moon lasting 31 hours, with unmanned surveys ongoing for a year, and recalls Apollo 12’s manual fixes and measurement setups. Apollo program chief Petrone cites 6,500 unmanned commands processed from Houston.
MENTIONED IN THIS ARTICLE
Washington
Alan L. Bean
Triumph
Bean
U.S
Moon
Charles Conrad, Jr
Conrad
Gordon Swann
Apollo 12
Geological Survey
Rocco A. Petrone
Apollo
Manned Spacecraft Center
Houston
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