16 Mar 1971
Page 1
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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Mar 16, 1971
Page
1
The Business Mirror notes consumer reluctance to spend despite inflation easing, delaying full economic recovery. It cites weak wage growth, cautious buying, and government programs, while stock market gains raise questions about sustainability and policy impact ahead of elections.
AP reports from Hollywood as MPAs Valenti touts rising theater attendance and a 1970 revenue rise of 10.4 percent to 1.429 billion, though Daily Variety questions the figure. MGM and others struggle with losses while Disney thrives, painting a mixed industry outlook for 1971.
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