Western Europe: Common Upbeat

Every one is doing it. The economies of the European Common Market nations, Britain and the U.S. are all rising in a rare parallel movement. Last week in Geneva, the United Nations Economic and Social Council reported that the world's economic prospects have turned around sharply since 1962 because of unexpectedly strong consumer spending, and that "economic activity in the early months of 1963 was marked by the vigor of its upthrust." In Brussels, the Common Market's quarterly survey of businessmen's expectations found "a climate more favorable" than a few months ago.

Sharper Competition. The Common Market economies at midyear...

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