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Christmas 1961 Boosts Business Confidence Amid Upturn
U S business mood brightens as Christmas shopping exceeds earlier expectations and November December data show rising personal incomes corporate profits and durable goods orders. Hodges notes increased confidence while auto and metalworking sectors improve though unemployment remains a weakness and a Studebaker-Packard contract dispute lingers.
MENTIONED IN THIS ARTICLE
Secretary of Commerce
Luther H. Hodges
Commerce Department
Hodges