Simultaneous inflation and possible recession forecast
Washington economists foresee continued inflation and a potential mild, short-lived recession in 1970. GNP may top $1 trillion with real output flat or slightly up, while unemployment could rise to four percent as anti inflation measures tighten.
MENTIONED IN THIS ARTICLE
Sterling Green
Washington
Nixon
U.S. Corporation
U.S
the Treasury
David M. Kennedy
Business Council
Council
Paul W. McCracken
President's Council of Economic Advisers
Area Men in Service Roles and Promotions
Conley Bradford of Floydada has been commissioned a second lieutenant in the U S Air Force after graduating from Officers Training School at Lackland AFB Texas He will attend pilot training at Williams AFB Arizona Martin D Tomlin son of Mr and Mrs Raymond Tomlin of Slaton has been promoted to airman first class He serves as a supply specialist at Dyess AFB Texas Sgt Ben Hobbs wife Joann Meeks of Farwell is part of a unit earning the Air Force Outstanding Unit Award He is a supply specialist in the 4756th Supply Squadron at Tyndall AFB Florida Bat Roy Dean Tate, Monterey High School graduate, is on leave with his parents and Mrs L R Tate after a year in Fp awaiting next assignment
MENTIONED IN THIS ARTICLE
Conley V. Bradford
Marion F. Bradford
Rt. 2
Floydada
U.S. Air Force
Lackland Afb
Tex
Bradford
Willams Afb
Ariz
Floydada High School
Texas Tech University
Kaye
Weldon Hammonds
Rt. 1
Ben Hobbs
Joann
G. C. Meeks
Martin D. Tomlin
Raymond Tomlin
Slaton
Air Force
Dyess Afb
Roy Dean Tate
Monterey High School
L. R. Tate
Also Mentioned on This Page
McCracken
Economic ‘Council
Arthur M. Okun
Okun
Department of Labor
White House
Federal Reserve Board
Treasury
Pacific Telephone Co
General Public
Council of Economic Advisers
Sinoia Caves
Salisbury, Rhodesia
Consumer Price Index
OVER
Broadway
Lubbock
Kingsize
Contemporary
Philco
Sap
Jenkins Furniture
Jenkins
Formica
Dinette
Wooler
Furniture Center
Sheppard Casters
Uren
Kfyo Radio
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