STATE OF BUSINESS: Quickening Pace

Two soft spots of the 1956 economy—auto sales and housing starts—were hardening up last week. As the first autumn chill spurred buying and business, new 1956 autos were moving from showrooms at a quickening pace of 18,000 a day. Despite the big publicity buildup for the forthcoming 1957 models, dealers' inventories of '56 cars dropped a healthy 10% below last year's totals. And for the first time in three months, home construction rose during August, was holding strong in September. Last month's housing starts galloped along at an annual rate of 1.11...

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