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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Jefferson City Post Tribune
Location
Jefferson City, Missouri, United States of America
Date
Dec 31, 1973
Page
9
The text reviews Nixon's wartime style controls, noting a phased wage price regime and a freeze easing for meat but continued tight limits elsewhere. It cites high interest rates, a cooling housing market, and a still strong growth pace with looming supply shortages and likely policy choices as 1973 ends.
The article notes organized labor turning from a détente with President Nixon toward renewed militancy in 1974 contract talks. It cites a no strike pact in steel and container industries, rising living costs, and inflation as drivers of expected wage settlements. Unemployment dipped below 5 percent, though energy fears could push it higher.
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