• Short Summary

    President Ford has said that the worst recessing in the United States since the 1930's depression is near its end.

  • Description

    President Ford has said that the worst recessing in the United States since the 1930's depression is near its end.

    The President was speaking to the National Federation of Independent Business in Washington on Tuesday (17 June).

    He added that the country was now at the bottom of its economic slide and would soon be on its way up.

    He pointed out that home building was showing strong signs of recovery, interest rates were down and orders for plant and equipment were up in April by more than 15 percent on the March figures.

    Mr. Ford said tat while the unemployment rate had gone up to 9.2 percent, more than half a million Americans found jobs between March and May. And ??? sales were rising along with consumer confidence.

  • Tags

  • Data

    Film ID:
    VLVA6NA146VSVQZ6NPBYJU9CLAY4C
    Media URN:
    VLVA6NA146VSVQZ6NPBYJU9CLAY4C
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    18/06/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:53:00
    Time in/Out:
    /
    Canister:
    N/A

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