Business: Better Position

The U.S. economy is so huge that millions of statistics are needed to tell where it is going. Last week—as almost every week—it was possible to find facts and figures that indicated it was going both down and up, depending on where one looked.

Lagging appliance sales forced General Motors' Frigidaire division to furlough 1,700 men, and G.M.'s auto-assembly lines slowed down, as Buick produced 13,000 fewer cars in January than it did in the same month last year. But for those who watched the overall course of the U.S. auto market, there were plenty of other statistics last week to prove...

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