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Economists split over recession near year end 1960
At a midyear conference the U S Chamber of Commerce heard leading economists disagree on whether a recession is near, while agreeing that a boom is unlikely. Predictions point to modest second-half gains, lower mortgage costs, steady steel output, and a 2 percent drop in 1960 construction spending from 1959.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S. Chamber of Commerce
Frank E. Morris
Investment Bankers Assn
Emerson P. Schmidt
Chamber
Schmidt
L. S. Hamaker
Miles L. Colean
Colean