Barometer Signals Mixed Economic Hope and Fears
AP reports Americans see a hoped for upturn in economic activity as the leading index rises yet fear local job losses persist. Presidents advisers project unemployment near 7.9 percent in 1976, potentially 7.2 in 1977, not falling to 5 percent before 1980. Prices may rise 9.1 percent over 1974, an improved, but still grim, outlook.