The Economy: New & Exuberant

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Just one year to the week after the stock market shuddered through its worst crash since 1929, new records are being set by that intricate, delicate and unpredictable entity known as the U.S. economy. The spectators are surprised, the analyzers are rewriting their textbooks, and even the captains of U.S. business are somewhat amazed. The exasperating, exuberant 1963 economy, whose performance had for months been dismissed as puny and inadequate, is off and running in what the experts now believe will be the longest period of prosperity since the Korean...

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