Davis County Clipper | 1976-12-31 | Page 26 | Economic Scene is Looking Up

Economic Scene Is Looking Up The latest economic news suggests President Ford might have been right, in general, after all. RETAIL SALES have spurted in recent months, new-home starts have leaped forward. Car sales have begun to pick up. It may be that recovery from the tough 1974-1975-1976 recession is resuming. And it may not be necessary to prime the pump quite as much as had been anticipated. anticipat-ed. January f'ures will answer that question. PRESIDENT Ford obviously ob-viously missed when he guessed that the recovery would only pause for a month or two. But he still may be proven right, basically, in his belief we were not heading downward again - though the President also proposes tax cuts to speed the recovery.