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Economy Loses Bloom As Tax Fight Looms
The Johnson administration seeks a 10 percent surcharge to curb inflation amid mixed September data. Unemployment rises to 4.1 percent, industrial output falls 1.5 percent, and personal income grows with Ford strike contributing to the slowdown. Retail sales hit 26.7 billion but level off. In Miami, Crandon Park Zoo reports a female aardvark, the second born in captivity and first to survive long.
MENTIONED IN THIS ARTICLE
Joseph R. Coyne
Associated Press
Washington (Ap
Johnson
Congressional
William Proxmire
Senate
Budget Bureau
Charles L. Schultze
Labor Department
Federal Reserve Board
Commerce Department
Ford