The rise in U.S. economic activity slowed somewhat during the spring and summer after a strong advance during the first quarter of the year. Gross National Product (the value of the nation's out of goods and services) is expected to total at least $735 billion for the year. This would be 8 percent above the 1965 output, valued in current dollars. With a more rapid rise in price level this year, the gain in real GNP will likely be around 5 percent.
Iowa Farm Science: Vol. 21
, Article 6.
Available at: https://lib.dr.iastate.edu/farmscience/vol21/iss4/6