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Boom in babies a trade boon analysis in New York
New York officials and bankers note a rising birth rate leading to a baby market boom. Irwin Kellner of Manufacturers Hanover Trust says rising births stimulate the economy from baby clothes to nurseries and schools as these children become future consumers. He cites 3.4 million births this year, up 7 percent from 1976, with monthly increases suggesting 1978 could surpass this year.
MENTIONED IN THIS ARTICLE
New York
Irwin Kellner
Manufacturers Hanover Trust
Kellner