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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Mar 19, 1964
Page
12
AP analysis weighs whether the February 1963 jump in industrial production signals a renewed upturn from the 1961 62 recession or the start of a new cycle. Fed data show a record 127.6 index in February 1963 driven by autos and consumer goods, with rising retail sales and construction and expectations of continued gains through spring.
Most experts expect the current business upturn to persist through most of this year with some doubt about next year. A hardy minority supporting the new economic theory believes 1965 will bring further improvement.
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