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America’s Economy Faces Mixed Signals In 1958
An Associated Press survey shows business leaders and consumers cautious yet resilient as 1958 begins. Growth rubs along, with spending steady but inventories and wage gains soft, while price cuts and aggressive merchandising hint at a tepid recovery. Diagnostics point to uneven gains across regions and industries, including steel, autos, and construction, with optimism focused on potential 1959–60 highs.
MENTIONED IN THIS ARTICLE
Washington
America
L. B. Jackson
Atlantic
Maine
Carolinas
Jackson
John P. Coleman
General Aniline & Film Co
Ansco
Fool's Paradise
Holmes Whittemore
Jones & Lamson Machine Co
Springfield
Eisenhower
Associated Press
Commerce Department
Merce
L. Manchee
Macy's
York’ City
Richmond
Trade Council
Texas
Midwest
Plains