Five Year Peaceful Expansion Beats Past Booms In U S
The BW index rose to new highs as revised figures show an economy busier than ever. GNP grew from 503.8 billion in 1960 to 675.6 billion last year, a more than 33 percent rise. Unemployment fell from 7.1 percent in 1961 to 4.1 percent in 1965. The inflation rate remained modest, prompting economists to call this a near ideal expansion. Most eyes turn to 1966 as the test for enduring growth.
MENTIONED IN THIS ARTICLE
U.S
U. S
Marketing executives to spotlight PR exec
Ted Berndt a 20 year veteran of advertising sales and public relations and president of Ted Berndt Associates will be the spotlight speaker for the Lorain County SME meeting February 14 at the Holiday Inn. He has appeared in The Wall Street Journal Forbes Advertising Age and PR News. Robert D Oldfield Jr SME president announced James Johnsons resignation as executive secretary with no replacement yet and the induction of new member Dale Helwich of Lorain County Community College.
MENTIONED IN THIS ARTICLE
Ted Berndt
Ted
Wall Street Journal
Forbes
Advertising Age
PR News
Robert D. Oldfield Jr
SME
James Johnson
Oldfield
GM Boosts Quarterly Dividend to 88 Cents a Share
United Press International reports General Motors raises its quarterly dividend on common stock to 88 cents from 75 cents. The note adds that last year GM paid 525 dollars per share in total on common after including extras.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Jobless Rate Sparks Economic Policy Debate Across Parties
Unemployment sits at a nine year low sparking a major policy clash. AFL-CIO urges rapid push to 3 percent while Chamber of Commerce worries about labor shortages and inflation risks as the economy nears capacity.
MENTIONED IN THIS ARTICLE
UPL
John Pierson
Labor Department
Nathaniel Goldfinger
Afl-Cio
Carl H. Madden
U.S. Chamber of Commerce
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