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Economic Indicators Spark Market Fear In 1977
New York AP report describes investor nerves as recession risks rise amid declining leading indicators. Debate over wage price standards, inflation focus of Fed chief Burns, and concerns of government intrusion weigh on business and capital spending outlook. Vernon Jordan leads urban league concerns of black economic losses.
MENTIONED IN THIS ARTICLE
New York
Carter
Wall
White House
George Meany
American Federation of Labor- Congress of Industrial Organizations
Arthur Burns
Burns
Federal Reserve Board
Meany
Vernon Jordan Jr
National Urban League