Contrasting Early 1964 Business Forecasts By Robert Dawson AP
Government forecasts stay optimistic while surveys show a slowdown in the first quarter of 1964. Manufacturers expect sales to slip from 106.7 to 106.3 billion, with durable goods driving the drop. The Economy’s trajectory hinges on tax cuts and policy actions.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York
Department of Commerce
Economic forecasters predict GNP growth with tax cuts
Walter Heller and economic advisers foresee GNP rising to over 620 billion next year if Congress passes prompt tax cuts. Current 1963 GNP is projected near 548 billion. The piece also notes inventory growth and year end stock levels, with the Americas history segment on AmericA.
MENTIONED IN THIS ARTICLE
Walter W. Heller
Congress
Mrs Kennedy Gives Away 2 Family Pets
Mrs Kennedy has given two White House dogs Pushinka and Charlie to aides Irvin Williams and Robert Foster as she moved out on Dec 6. The Kennedy family spent the weekend at the Atoka Virginia retreat renamed Wexford, with plans for Christmas in Palm Beach Florida.
MENTIONED IN THIS ARTICLE
Washington
John F. Kennedy
White House
Pushinka
Khrushchev
Irvin M. Williams
Charlie
Robert Foster
Secret Service
Kennedy
Dallas
All Clammed Up
Northport in Nassau County on Long Island faces a collapsing oyster industry with five million dollars lost yearly. Drills polynics and starfish damage shells and meat while labs and oyster greenhouses test remedial measures.
MENTIONED IN THIS ARTICLE
Northport
N.Y
Long Island
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