Buying Habits Do Change in 1960 Forecasters Thrown For Loss
AP analysis notes rising population and high personal income yet shifted spending. Growth in government pay and benefits boosts overall income while factory wages lag, altering demand for big-ticket items. Changing habits suggest slower explosion of consumer spending in the 1960s.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
United States
Clements to Quit Job for Campaign
Kentucky highway commissioner and former governor Earle Clements will resign September 1 to work at the Democratic national campaign headquarters in Washington. Clements was appointed highway commissioner when Gov. Bert Combs took office last December.
MENTIONED IN THIS ARTICLE
Frankfort
Kentucky
Earle C. Clements
Washington
Clements
Bert Combs
How U S Papers View Powers Trial Propaganda
The Associated Press reports U S newspapers largely view the Powers trial as Soviet propaganda to sway world opinion. Major outlets question fairness, intent, and the impact on U S credibility while noting cautious, mixed assessments.
MENTIONED IN THIS ARTICLE
Associated Press
U.S
United States
Louisville Times
The
Washington Post
Kremlin
Chicago Tribune
New York Mirror
Soviet Union
Miami Herald
Powers
Miami News
Atlanta Journal
Washington
Washington Evening Star
Echo 1 Satellite May Be Deflating After Wobble
Cambridge observers at the Smithsonian Astrophysical Laboratory report Echo 1 shows wobble in its motion late Thursday. The 10 story high paper thin balloon satellite may have puncture or malfunction after a launch week ago, suggesting deflation.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
Smithsonian Astrophysical Laboratory
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