Skip to main content

November 1972

Posted 1972-11-01

The Federal Budget: From Surplus to Deficit

Analyses of the federal budget indicate the likelihood of continuing deficits for the next several years, given the current structure of tax rates and existing government spending programs. 

Posted 1972-11-01

The Economic Outlook

by Darryl R. Francis

The President’s Council of Economic Advisers, in their Annual Report of last January, projected a rapid advance in total spending (GNP) for 1972. They projected strong real product growth and a significant decline in the rate of inflation by the end of the year.

Posted 1972-11-01

Economic Expansion in the Central Mississippi Valley

This article briefly reviews the economic recovery of the Central Mississippi Valley compared with the nation as a whole.