Output Up Despite Auto Slowdown In October
Business review notes October industrial production dipped due to auto plant shutdowns but overall output remains strong. Nonauto durable goods and staples rise, retail sales dip with tax cut effects, job gains in services and trade persist, and capital spending climbs. Madrid drought spurs talk of rationing as reservoirs fall.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Soviet Seismic Signals Indicate Underground Nuclear Test
The Atomic Energy Commission reported recording seismic signals from the Semipalatinsk region indicating a nuclear test likely occurred underground. An AEC spokesman noted the lack of acoustic signals supports the underground event conclusion.
MENTIONED IN THIS ARTICLE
Washington
Atomic Energy Commission
AEC
Semipalatinsk
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