U.S. Gross National Product Seen Surging Past $50 Billion in 1960
Government economists forecast a broad upswing in 1960 with Gross National Product climbing beyond $50 billion for the first time. Employment is expected to rise, inflation to edge up, and farm income to fall about 11 percent due to price supports and supply factors.
MENTIONED IN THIS ARTICLE
Washington
Almast
Burt
Commerce Department Statis
GG@ars
Seary
Nexts and
New High Predicted In Dividend Payments
New York, UPI reports dividends for 1959 set a record high but fell short of Wall Street hopes. Standard & Poor's revised 1959 gains to about 6 percent, with optimism for 1963 earnings rising to roughly 15 percent after taxes.
MENTIONED IN THIS ARTICLE
Wits
U. S
Bon
Ise
Commerce Department
NEA Y York
UPI
Walls Street
Standard & Poor's
Standard
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