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Babson Forecast for 1968 Economic Outlook
Babson projects consumer spending lifting the economy through 1967 into 1968 with incomes rising about 6 percent after taxes and Christmas sales at an all time high. GNP is expected to grow about 8 percent to 548 billion with tax increases and spending cuts dampening momentum. Industrial production faces a plateau and inflationary pressures loom globally as monetary policy seeks to stabilize the dollar.
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Babe de Ee Mpte
Babson
Goss
U.S
Rae Howe Piesant
Korea
Vietnam
U. S
House of War and Peace
Paris
North Vietnam
North Korea
Middle East