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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 06, 1979
Page
14
Amid warnings of a looming recession, April durable goods orders fell 6.1 percent and the leading indicator declined, yet the Conference Board reports strong planned capital spending by large manufacturers at $22.3 billion in Q1. Smaller firms show expansion plans and improved sales, while analysts remain divided on whether recession has begun.
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