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Spring Surge Signals All-Out Boom Across U S Economy
AP reports a broad spring surge with record mine and factory output, rising living costs, and stronger consumer pay. Auto sales rose 46 percent year over year in early June, appliances and furniture firms forecast gains, and builders remain optimistic despite higher interest rates. Personal income hit a record annual rate of 376.2 billion dollars.
MENTIONED IN THIS ARTICLE
AP Business News
NEW York
Detroit
U.S
Richard J. Sargent
Westinghouse Electric
Chicago
Kroehler Co
Lawrence Whiting
American Furniture Mart
National Assn. of
Home Builders
Henry C. Alexander
Morgan Guaranty Trust Co
Alexander
Wall Street
New York Stock Exchange
Korea