Best Gain in Years

July 1972
Time;7/31/1972, Vol. 100 Issue 5, p55
The article reports on the economic growth of the U.S. in 1972 relative to the economic indicators. It mentions that gross domestic product (G.N.P.) by 29.9 billion dollars was reported by the Commerce Department. Herbert Stein, the chairman of U.S. President Richard Nixon's Council of Economic Advisers doubted that the GNP growth will be maintained. It highlights the indicators which show that 1972 can be a strong year, such as the increase on the Consumer Price Index and industrial production.


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