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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

Jan 01, 1972

Page

9

Trade reforms eyed by Nixon on international scene

President Nixon weighs a special report urging new authority to negotiate reductions in global trade barriers. The proposal also seeks reform of the world monetary system and creation of codes for international business investment.

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World Trade in Focus Narrowing U.S. Trade Gap

The Commerce Department reported a sharp narrowing of the U.S. trade deficit in November though figures are distorted by dock strikes. November saw a surplus of imports over exports of 227.2 million, down from October's 821.4 million deficit.

Commerce Department U.S

Economy shows leading indicators rise as 1972 outlook debated

The Commerce Department reports its leading economic indicators index rose for the third straight month in November, signaling possible expansion. Experts note doubts persist about meeting 1972 forecasts without tax cuts or other fiscal stimulus, amid concerns over imports and currency shifts.

Commerce Department Harold C. Passer

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