Year ends with business upswing and fresh optimism
The year began with strikes and storms yet ended with strong growth in steel and auto output, rising stock prices, and higher enduring wages. Unemployment held around 5.5 to 5.9 percent as the economy recovered, led by confidence in President Johnson and expectations of more buying in the new year.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
East
Gulf Ports
John F. Kennedy
Chrysler
Studebaker
Securities and Exchange Commission
Ato International Banking
United States
Kennedy
Johnson
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