AP-NBC poll shows economic pessimism rising in Reagan era
The AP-NBC News survey of 1,598 adults finds growing doubt about the economy’s outlook, with 39 percent approving Reagan’s economic handling and only 23 percent predicting improvement next year. Personal finances remain broadly stable, but trust in Reagan to care about individuals dips from previous months.
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New York
Reagan
Associated Press
NBC News
Ap-Nbc News
Ronald Reagan
Stock Prices Decline Amid Modest Market Setback
A quiet session in New York saw a recession signal pressure the market. Dow Jones fell 4.66 to 832.95 while NYSE volume slid to 40.07 million shares and S and P indexes slipped. Biggest loser was Southland Royalty down 8 percent at 29, with over 1.37 million shares changing hands.
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New York
Chicago
New York Stock Exchange
Standard & Poor
S&p
American Stock Exchange
Southland Royalty
Gold and Silver Closing Prices Across Futures Markets
The report lists closing, high, low, settle and daily change for gold futures across months from Nov to Oct, with prices ranging from 421.50 to 500.30 per troy ounce. Silver futures show varied quotes from Nov through Dec and subsequent months, with notable gains in later contracts. Also included are prev. sales, open interest, and NY sales totals for equity and commodity markets.
Barbs Phil Pastore Sees Ads Break Screen Time
Phil Pastore critiques reliance on commercials during films. He notes viewers’ habit of darting out of the room for a moment to miss moments in the movie. The remark highlights audience distraction and advertising overload.
Deeper Recession Predicted by Commerce Official
Washington AP reports a top Commerce Department official foresees a steeper downturn in a key index, with the leading indicators index dropping 2.7 percent in September. Dederick cautions a third straight quarterly decline in real GDP, possible recovery not before 1982, while Volcker signals the recession stance but avoids a formal declaration.
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Washington
Commerce Department
Robert Dederick
Dederick
Iffy
Labor Department
Federal Reserve Board
Paul Volcker
Capitol Hill
Volcker
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