TITLE

Eisenhower Prosperity

PUB. DATE
November 1954
SOURCE
New Republic;11/8/54, Vol. 131 Issue 19, p6
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
This article reports that Univac, the great electronic brain which makes calculations for the Bureau of the Census, ground out the official monthly figure on unemployment on October 24, 1954. Government practice is to lay this number aside until the "companion" estimate on employment is also ready for release. The two statistics are normally made public together on the second week of each month. Total national production in the two years of U.S. President Dwight D. Eisenhower's Administration has fallen from the 1952 level of about $370 billion to about $356 billion, a drop of roughly $14 billion, or 4 percent. Industrial production is down by 9 percent since a year ago last spring.
ACCESSION #
14489522

 

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