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Delaware County Daily Times in Chester, Pennsylvania

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Delaware County Daily Times

Location

Chester, Pennsylvania, United States of America

Date

Dec 30, 1983

Page

7

Economic indicators slip as deficits widen in November

Washington reports a 0.4 percent drop in leading economic indicators for November, the first decline in 15 months amid slower growth. The year ends with a projected record deficit near 70 billion dollars and a November trade deficit of 7.4 billion, the second worst on record, improving only from October.

Washington UPI

Recovery Still On Target Amid Record Overseas Gap

In a West Coast speech Paul Volcker indicated the nation’s recovery remains on target as the economy posted an $8.97 billion larger outflow abroad than earnings for the month. Analysts noted the drop in inflation may not align with earlier expectations.

Paul Volcker

Unemployment Claims Jump 20 000 in Week

The Labor Department reported mid-December initial unemployment claims rose to 385,000 for the week ended Dec 17, seasonally adjusted, up 20,000 from the prior week’s 365,000 which was the lowest since June 16, 1979. The total does not include 956,200 people on other state and federal programs, including 839,100 under federal supplemental compensation.

Washington UPI Labor Department Ah Seemakeene

Hydrogen sulfide leak at Flores Canyon plant prompts evacuation

In Santa Barbara California officials blamed human error at a single day operation of a Flores Canyon gas plant for releasing hydrogen sulfide into natural gas. About 60 000 customers were evacuated as the plant remained closed while alternative facilities service customers. The warning covered most areas with some exceptions near Lompo c and Vandenberg AFB.

Santa Barbara Calif UPI Flores Canyon Tree Ina Rosenberg Southern California Gas Co North Lompoc Vandenberg Afb

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