Nixon Boosts Outlook With Rosier Economic Glow
The Commerce Department’s midyear economic forecast, published amid President Nixon’s shock measures, shows a rosier outlook with consumer spending aided by tax cuts and higher confidence, plus a tax-driven boost to car sales and capital spending. The report notes gains in most industries, with steel electronics and aerospace lagging, and warns joblessness and inflation remain stubborn despite improvements.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Commerce Department
The
Review
U.S
Tmre
Farm Prices Rise in July as Eggs and Fruits Jump
The Agriculture Department reports a 0.9 percent rise in retail prices for select farm products in July, with overall costs up 2.3 percent from a year ago. The market basket shows increases strongest in eggs and various fruits and vegetables including apples grapefruit lettuce and tomatoes.
MENTIONED IN THIS ARTICLE
Washington (Ae
Agriculture Department
After Camille two years on coast many rebuilds stand
Scars of Camille fade as Hancock County Mississippi towns rebuild with CAP and IAP aid. Waveland's restored hall and post office contrast with Bay St. Louis Pass Christian and Long Beach expanding housing, streets, and utilities. Officials note tax bases rise yet burdens stay as recovery continues.
MENTIONED IN THIS ARTICLE
Christian
Cap
Mississippi
U.S
Russell Elliott
Bay St. Louis
Hancock County Board of Supervisors
Camille
Waveland
Pass Christian
Long Beach
Elliott
J. J. Wittmann
St May
150000 To Get Jobs By December
Washington AP says 150000 unemployed will gain jobs under the Emergency Employment Act by Christmas. William Mirengoff, director of public employment, said $42 million funds 241 agents to create 11000 jobs and 600 rehired so far. Funding targeted by Labor Day with full $1 billion by Nov 1. Act, signed Aug 9 by Nixon, lets governments hire unemployed for environmental, health, education, safety, housing, recreation and rural development.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
William Mirengoff
Department
Public Employment Program
Nixon
Veterans Day Protest Set at National Student Congress
Chicago seven defendant John Fraines urged renewed action at the 24th annual National Student Association congress in Fort Collins to stage a My Day style demonstration to shut down Washington on Veterans Day. He told delegates to return to Washington and commit the crime again.
MENTIONED IN THIS ARTICLE
Fort Collins
Colo
Chicago
National Student Association
Washington
John Fraines
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