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Consumer Outlook for 1970 Faces Mixed Signals
Economists in 1969 end weigh consumer inflation pain and apathy in markets. Michigan survey flags rising perceived inflation harm among households, especially low income. Morgan Guaranty warns apathy could trigger 1970 recession as demand weakens and inventories rise.
MENTIONED IN THIS ARTICLE
New York
University of Michigan
Survey Research Center
Morgan Guarantry Trust Co
Morgan Guaranty
Roy Chapin Jr
American Motors
Chapin
Edmund F. Martin
Bethlehem Steel Corp
Martin