Document Type

Report

Publication Date

5-1959

Abstract

The report documents a sharp March 1959 upswing in statewide business activity—“nearly 12% above both its February figure and… its March 1958 level”—driven by strong employment gains across most industries and exceptionally high construction activity. A detailed multi‑city analysis shows widespread increases in residential and “other” building permits, despite weakness in nonresidential construction.

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