STATE OF BUSINESS: Previewing 1960

STATE OF BUSINESS Previewing 1960 How will business be in 1960? From gatherings of economists and businessmen last week came a remarkably unanimous answer: more boom. Some specifics:

Gross national product will pass a rate of $500 billion early in the year and probably hit $525 billion before 1960 ends. It should reach $700 billion by 1970, predicted Emerson P. Schmidt, research director for the U.S. Chamber of Commerce.

Plant expansion will bound back to the 1957 record rate of $37.8 billion and could show a "startling" 30% jump to a rate of $43 billion by the end of the year, said...

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