Less Pressure on the Labor Front in 1974 Outlook
Labor leaders show restraint in 1973 brinkmanship with no major strikes. 1974 expected to be the lightest year in the three year cycle, steel alone under spotlight. GNP may rise 5 percent in 1974, but real GNP could fall about 1 percent from 1973. Industrial production likely down, with fuel shortages shaping demand for durable goods and power gear.
MENTIONED IN THIS ARTICLE
United Steenworkers
Babson’s Reports
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