Business: Solid Signs of Revival

IT is very possible that a surprisingly strong upturn is now under way in the nation's business. Like flowers popping up through the snow, many signs of a resurgence are appearing: — Christmas sales are particularly brisk. Compared with last year, retail sales rose 11 % in the first week in December and 9% in the month's second week. Says Macy's President K. Wade Bennett: "So far, it's the best Christmas in a long, long, long time."

> Housing starts in November ran at a record annual rate of 2,316,000, all but ensuring that...

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