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CIO Forecast Sees 1955 Requiring Stronger Consumer Spending
The CIO Economic Outlook forecasts no quick return to full employment in 1955 and stresses consumer spending as the key to growth. It notes a moderate fall employment uptick, upswings in auto-related production, and restocking as drivers, with government and business investment dipping further. The report lists 11 policy steps to expand buying power and lift the economy toward full production.
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Washington
CIO