Through the U.S. business community ran a puzzling undercurrent of uneasiness, prompted in part by the stock market's slump (see above) and fear that tight money will nip the boom. As they looked ahead into the 19603, many businessmen also realized that the prosperity envisaged by economists will demand a lot of no-nonsense elbow grease. Yet news from all areas last week showed the economy to be strong. Items:
ΒΆ The steel industry scheduled production for the week at more than 95% of capacity for the fourth week in a row, raising chances for the first 12 million-ton production...
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