State of Business: Increasing Confidence

Although he has more up-to-the-minute statistical data at his fingertips than any other businessman in the world, the U.S. executive still leans heavily on his intuitive reading of the economic signals. That reading has made him more optimistic about the U.S. economy than he was six months ago. Of dozens of businessmen interviewed across the U.S. last week by TIME correspondents, the great majority look forward to slowly rising business activity this year—or, at the worst, a plateau of high-level prosperity. In contrast to President Kennedy's warning about a possible recession...

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