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Industrial production upswing marks strongest rise since 1970
The Federal Reserve said industrial production rose 1 percent in April, the sharpest gain since December 1970, driven largely by a rebound in domestic car output. Separate Commerce reports showed a smaller rise in personal income and a decline in housing starts, while the balance of payments showed a reduced quarterly deficit.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Nixon
Commerce Department
General Motors
Washington
UPI
Wilbur D. Mills
House
Ways and Means Committee
Mills
House Rules Committee
Secret Service
Congress
Rules Committee
Ways and Means
Alabama
George C. Wallace
Pay Board
Asid
Auz Commerce Department