Monday, Jun. 03, 1957
Thrifty Year
Americans saved $14.5 billion in 1956, more than in any year since World War II and nearly double 1955's savings, the Securities and Exchange Commission revealed this week. At the same time thrifty Americans cut the rise in their indebtedness by one-half from 1955, Partly because they bought fewer automobiles in 1956 (see above).
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