Economy slows hints from leading indicators growth pace
The June leading indicators report shows a slower expansion pace with a decline in initial unemployment claims contributing to the rise. Feldstein cautions no weakness yet while productivity climbs 4.3 percent in Q2, the biggest jump in over two years, signaling inflation may stay modest amid high rates.
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Commerce Department
Reagan
Martin Feldstein
Labor Department
U.S
Feldstein
Sinai
Robert Wescott
Wharton Econometrics
Baldrige
Iowa Slogan Debate Prompts Vote on State Image
Iowa officials debate dropping the slogan A State of Minds as a licensing plate theme. Most commissioners favor scrapping it while Del Van Horn pushes for continuing promotion. A $133000 publicity push runs third week of August with national radio and newspapers.
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Austin Turner
Corning
Iowa
Turner
del van Horn
Jefferson
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van Horn
The
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Roger Fair
Davenport
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IDOT
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Weather Review and Notable Extremes Across Regions
The report records midnight wind NW at 6 mph and sunset at 8 28. It notes today’s highs reaching mid 80s to low 90s with lows in the 60s to low 70s and minimal precipitation through Wednesday. It cites Friday extremes: low 44 at Quillayute and high 116 at Yuma, plus scattered thunderstorms from Montana to Florida and notable hail and tornado activity in several states. Apollo 15 moon landing noted as anniversary.
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Wash
Yuma
Ariz
Montana
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Illinois
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Olean
Broadview
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Missouri
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Mansfield
Ohio
Key West
James Niven remembered by peers and family in tributes
Anthony Quayle Elizabeth Taylor and Stewart Granger praise Niven recalling his cheerful courage friendship humor and humanity. Biographical notes cover his Scottish roots his army service in World War I and II his Hollywood rise a 1955 comeback around the world in 80 days and later life in Switzerland and Cap Ferrat. He married Primula Rolla during the war and later Hjordis Tersmeden with two adopted daughters Kristina and Fiona.
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Anthony Quayle
Navarone
Elizabeth Taylor
David
Stewart Granger
Niven
London
Dardenelles
Sandhurst
Britain
West Point
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Canada
Hollywood
Ginger Rogers
Germany
Phantom Reconnaissance
Normandy
Belgium
Holland
Yars
Switzerland
Cap Ferrat
French Riviera
Primula Rolla
British Women’s Air Force
David Jr
James
New York
Tyrone Power
Hjordis Tersmeden
Kristina
Fiona
Congress poised to pass bill boosting senators pay and curbing outside earning
Congress nears final approval with a pay raise for senators to 69,800 and a 30 percent cap on outside speaking earnings. The bill funds foreign military aid, Capitol West Front restoration, cotton program support, a coal leasing review panel, armored sedans for Air Force, and various transportation projects including Savannah’s Talmadge bridge design. President Reagan has until Monday banks open to sign.
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Reagan
House
el Salvador
Capitol
Silvio Conte
R-Mass
Interior
James Watt
Air Force
Talmadge
Savannah Harbor
Walford Fire Destroys Tilman Smith Home
A Walford house owned by Tilman Smith was wrecked by a Friday afternoon blaze started by a gasoline can near 2 p.m. Smith says the gasoline was ignited by an electric welder in use nearby. Two Fairfax firefighters were injured Mike Flaherty with a nail injury and Ron Zenisek with a rib bruise while directing water from the second floor. They received treatment at Mercy Hospital and were released.
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Walford
Tilman Smith
Smith
Fairfax
Mike Flaherty
Ron Zenisek
Mercy Hospital
Wapsie campers react to ghost story skit at camp
Breslin notes writers seek humorous lines for Dave to riff on while Certain recalls the camp forbids ghost stories and would allow Letterman only to staff. Some campers are frightened by the spooky bit and the reaction is mixed.
MENTIONED IN THIS ARTICLE
Dave
Breslin
Certain
David Letterman
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