Industrial production climbs in April amid strongest rise since 1970
The Commerce Department reports industrial production rose 1 percent in April, the sharpest gain since 1970, driven largely by a rebound in automobile output. Personal income increased by 4 billion to a seasonally adjusted annual rate of 909.7 billion, helped by retroactive pay raises. Housing starts slid to 2.115 million annual rate, signaling possible cooling in home construction after a boom.
MENTIONED IN THIS ARTICLE
Theederal Reserve Board
Nixon
Commerce Department
General Motors
Department
Ally
World fair dream fades as Philadelphia plan is rejected
The American Revolution Bicentennial Commission voted 23 to 4 to oppose an international exposition in Philadelphia for the 1976 bicentennial. With eight abstentions and two nonvoters, the panel urged President Nixon to reject the plan, citing cost and time concerns.
MENTIONED IN THIS ARTICLE
Boston
United States
Philadelphia
Stained
William L. Rafsky
Nixon
Department of Commerce
Office of Management and Budg
Rafsky
Raisky
Commission
Edward W. “Brooke
D-Mass
Brooke
Roy L. Brooks
University of Connecticut
Congress
Hugh Scott
John R. Bunting
Corporation
New York
Also Mentioned on This Page
Mills
Washington
Wilbur TD. Mills
House
Ways and Means Committee
House Rules Committee
Secret Service
Rules ‘Committee
Ways and
Alabama
George C. Wallace
Ious
Eter
Pall Mall
Tangroeateg
Sasttihg
U.S
Pennsylvania
Philadelphia Corp
AZUSA
Ontario
San Bernardino
Riverside
van Nuys
City OF
Carson
Sale
Calif
Harbor
San Diego
Rosso
Dupont Nylon
Figueroa
Cuo
JOSSC
Marehouse Price
Independent
NASA
Astronaut
UPI
National Aeronautics and Space Administration
Navy
John W. Young
Thomas K. Mattingly
Air Force
Charles M. Duke Jr
America
Young
Duke
Senate
White House
Space
Joint Chiefs of Staff
Mattingly
Oyat Brands
Feveat
Otea