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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Nov 19, 1981
Page
5
Commerce Department reports real GNP grew 0.6 percent in Q3 due to inventories while inflation-adjusted output fell in earlier quarters. Analysts foresee a 3 to 5 percent annual drop in Q4 with unemployment rising, consumer spending slipping, and housing starts at record lows.
A 3400 person poll for the White House aging conference finds younger adults overestimate the elderly’s poverty loneliness and fear of crime while seniors report fewer personal problems. The study questions Social Security confidence and tax options amid aging fund concerns.
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