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Syracuse Herald Journal in Syracuse, New York

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Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Dec 07, 1954

Page

5

1954 set as second best business year in U.S. history

The 1954 business year ended on a rising tempo with auto production and steel output up, construction booming, and services spending rising while durable goods lagged. GNP around 356 billion, industrial production near 124 on the Fed index, unemployment down from 1953 highs but expected to rise again in winter.

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