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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 18, 1957
Page
9
Washington reports U S personal income fell for the second consecutive month in October with a 2 billion dollar drop in the annual rate. Industrial production also slid to its lowest level this year, suggesting an early mild recession. Wage and salary payments remained high but paycheck value declined, while federal payments to voters rose.
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