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Babson Sees 1971 Housing Strength Amid Economy Revival
Babson Reports predicts a strong 1971 start with housing leading recovery as mortgage money loosens and new family formation rises. Nonresidential construction is expected to lag, while public outlays grow after federal holdbacks end. Strong residential building supports overall growth, with GDP likely to top 1 trillion and consumer spending gradually reviving.
MENTIONED IN THIS ARTICLE
United Steelworks
U.S
Babson
United States