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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 12, 1970
Page
3
Brookings economist Nancy H Teeters forecasts a federal deficit around 11 billion dollars for the year, about eight times the May official projection. The deficit could widen if the economic recovery falters, the analysis notes.
New York experts warn food prices will keep climbing in 1971 after a 6.5 percent rise this year. Households report tighter budgets as wages, freight, and rents drive costs up from farm to table.
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