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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 07, 1992
Page
6
New York reports a postwar recovery that may be limited in jobs and rising hopes. Economic activity centers on efficiency with rising productivity, inventory restraint, and cost cutting. Consumers save, retailers hesitate, and firms like General Motors cut plants and workers while uncertain about sustained growth.
As economic recovery broadens, analysts warn Wall Street could face a softer market in 1993. With a stronger economy and hopes for steady inflation, experts expect modest growth, controlled rates, and potential Fed policy shifts impacting stocks. Dow and Nasdaq hit new highs as investors weigh rate paths and earnings prospects.
In 1987 the Tazewell Bulldogs under head coach Alan Cantrell opened with a 77 to 66 victory against Blacksburg Indians, defying a belief about coaches wiping brows after narrow escapes. Also noted is 1982 banquet by Roger Durrett impersonating Mark Twain for over 400 attendees at Richlands Area Chamber of Commerce events.
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