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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 30, 1976
Page
8
AP Business Analyst John Cunniff notes the leading economic index rose 0.3 percent in June after a May revision to 1.4 percent then 0.7 percent. He argues revisions distort progress, as the index relies on incomplete data and many judgments, warning public investment and voting choices rely on potentially revised figures.
Ninety eight days into the nationwide rubber strike Tennessee workers have lost 143 million dollars in wages. Firestone and United Rubber Workers talks drag on as workers face hardship while some areas report limited local impact. In Memphis about 2,600 Firestone workers are on strike, with a 600,000 weekly payroll loss. Union City sees 1,950 Goodyear workers affected with 500 weekly payroll. Some strikers survive on small benefits and savings, while patience thins among locals.
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