Another Voice.
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| Title: | Another Voice. |
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| Source: | TIME Magazine. 8/5/1957, Vol. 70 Issue 6, p68-68. 1/2p. |
| Subjects: | United States economy, 1945-1960, Weeks, Sinclair, Price inflation, Prices, Gross national product, Inventories, Economics |
| Geographic Terms: | United States |
| Abstract: | The article focuses on the status of the U.S. economy in 1957. Commerce Secretary Sinclair Weeks worries on the steady fluctuation of inflation rate in the country, which increased the prices of commodities. However, it states that the economy seems to cope up with the inflation given the 433.5 billion dollars increase in gross national product in the second quarter of 1957. Weeks predicts that 1957 will be the best year in the U.S. economic history due to the build up of inventories by buyers. |
| Database: | Engineering Source |
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| Abstract: | The article focuses on the status of the U.S. economy in 1957. Commerce Secretary Sinclair Weeks worries on the steady fluctuation of inflation rate in the country, which increased the prices of commodities. However, it states that the economy seems to cope up with the inflation given the 433.5 billion dollars increase in gross national product in the second quarter of 1957. Weeks predicts that 1957 will be the best year in the U.S. economic history due to the build up of inventories by buyers. |
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| ISSN: | 0040781X |
