Recession hits regions differently across the nation
Washington reports that recession effects vary by area with Michigan Ohio and other auto dependent regions hit hardest while Texas Florida and parts of the Southwest show milder impact. Experts note local industry mix growth rates and housing demand shape outcomes amid inflation and higher interest rates.
MENTIONED IN THIS ARTICLE
Horwitz
Michigan
Missouri
Ohio
Wisconsin
Pittsburgh
Akron
Oregon
Washington
Maine
Southeast
Georgia
South Carolina
Texas
Oklahoma
Louisiana
Florida
Arizona
David L. Littmann
Manufacturers National Bank of Detroit
Paul Smith
Detroit
Chase Econometrics
Slippery cars may cut gas use through design
Dearborn based Ford details airflow management as a key to fuel economy for 1981 Escort and Lynx. Ford aims to raise fleet mpg by up to two miles via aerodynamic tweaks, noting even one-tenth of a mpg from such design. Critics say rivals dispute drag claims while Ford weighs wind tunnel plans and investment in testing facilities.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
U.S
Ford Motor Co
Ford
Eugene Bordinat
Bordinat
Cort
Lynx
Penny Gumballs Under Threat From Sugar Spike
AKRON New York AP The Ford Gum and Machine Co faces rising costs as refined sugar more than doubles to over 40 dollars per 100 pounds. With sugar making about 75 percent of a penny gumball’s cost, the firm may raise the price to two cents to survive. The plant produces about 2,227,000 gumballs daily in flavors like licorice lime orange and cherry. the firm is one of few remaining gumball makers earning around five million dollars yearly.
MENTIONED IN THIS ARTICLE
Washington
UPI
Norman Isotalo
Michigan Employment Security Commission
Ed McClelland
Federal Reserve Bank
Dallas
Michigan
Ohio
Massachusetts
Texas
New England
Florida
Akron
N.Y
Ford Gum and Machine Co
Ford Gum
John Fry
Ford
Fry
Ford S. Mason
S. Fry
Ford Motor Co
Mason
Cadillac
Granatellis unveil turbine powered passenger car
Granatellis claim their turbine driven Corvette is the first successful turbine passenger car. It uses a Pratt and Whitney engine, weighs 260 pounds, requires no radiator or water, runs on varied fuels, and can reach over 200 mph with 0 to 55 in 2.85 seconds. Offers expected around 750000 with potential buyers including King Hussein.
MENTIONED IN THIS ARTICLE
van Nuys
Calif
UPI
Granatellis
Andy Granatelli
Vince
General Motors
Ford
Chisyler
Detroit
Pratt and Whitney
Granatelli
California
Jobs double minority status in TV news
A Washington AP report summarizes a survey by the Radio Television News Directors Association of 77 black TV newswomen. They say they got jobs partly due to double minority status, but fear race may hinder advancement. The study notes race affects coworker relations more than sex, with many praising relations with black coworkers and few with white coworkers.
MENTIONED IN THIS ARTICLE
Washington
Radio Television News Directors Association
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Lawrence Horwitz
Littmann
Manufacturers National
James V. Higgins
University of Maryland
Lockheed Aircraft
Marietta
Ottawa
Canada
General Motors Corp
Warren, Mich
Automatic Service Co
King Hussein of
Jordan
Peries
Drapery Dept
3Rd Ave