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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Feb 03, 1973

Page

7

Administration Officials Praise Business Outlook

New York AP report notes Nixon aides project 1973 as a strong year tied to inflation restraint. Officials say inflation at 3 percent hinges on federal spending within the budget and food price containment. Shultz expects food prices to ease by year end, while short term rates rise and major banks may lift loan costs. Concorde options cut by Pan Am and TWA cancellation followed.

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