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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jan 31, 1992
Page
1
The Commerce Department reports a 0.3 percent drop in the Index of Leading Economic Indicators for December, the third decline in four months. Manufacturing orders fall, consumer confidence slips, while four positives include rising building permits and higher stock prices.
Prospective buyers in Aiken County see a $5,000 federal tax credit for first time homebuyers as boosting activity. Bankers and developers say lower interest rates and the credit could lift confidence and push many young buyers toward home purchases, with $80 000 to $110 000 homes available.
World leaders from the 18 Security Council nations gather in New York to place the UN at the center of a new world order, aiming for a united peacemaking and arms control policy amid ongoing Yugoslav conflict and calls for democracy and human rights.
Local editors list contact numbers and reporters for North Augusta Aiken and Augusta with names Jim Breen Mary B Harden Daisy Mae Jones James A Murphy and Mildred Schultze inviting readers to share story ideas details on page 8B.
South Carolina unemployment rose from 6.0 to 6.4 percent in December with total nonagricultural employment down 2.40 to 1.51.70. Construction fell 1,500 month to 90,800 while manufacturing rose 100 to 370,700 but remained below a year earlier. Aiken County unemployment climbed to 5.2 percent from 1.8. Retail weakness blamed for higher jobless figures.
The Senate moves toward passing the Cable Television Consumer Protection Act to curb price hikes. Investigations show cable rates rose over 50 percent since 1986 after deregulation, with some markets featuring competing providers and others monopolies. Vidalia worries lower prices than Swainsboro for similar service.
The Census Bureau now says Aiken's population is 120 435, up from an original estimate of 19 872. City officials had questioned the earlier figure, and the revision could qualify Aiken for additional funds in the future.
Aiken County Board of Education reviews a Blue Ribbon panel report calling for five new schools in the county in addition to existing projects. The document cites crowded hallways inadequate restrooms and portable classrooms as recurring issues.
The panel urges sweeping reforms and additions to many existing schools. Beginning Sunday the Aiken Standard will examine the condition of school facilities and the overcrowding that affects numerous schools in the county.
Aiken residents are urged to beware of a Phoenix firm claiming it can locate unclaimed funds in the New York state treasury. A secretary of state official warns the 900 number charges 4.95 per minute and bills the customer, with little chance to trace the operator.
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