United States Faces Push to Boost Personal Savings
The United States, a high-spending economy, savers only 5 cents of every after-tax dollar while 95 cents are spent. Reagan economists hope tax exempt retirement accounts starting Jan 1 will lift the rate, though experts question any meaningful rise in savings or its impact on investment. The long-standing savings rate hovers around 6 or 7 percent, with recent years below 6 percent. Some economists see modest gains to 7 percent, or 8 percent by 1986, as goals.
MENTIONED IN THIS ARTICLE
New York
United States
Irwin Friend
University of Pennsylvania
Lora Collins
Conference Board
Coun
Murray L. Weidenbaum
Council of Economic Advisers
Convention business boom brings in dollars and jobs
New York convention centers grow as trade shows surge nationwide. Executives Jerry Lowery and William Mee discuss industry expansion, career prospects, training gaps, and the demanding, around-the-clock nature of convention center management.
MENTIONED IN THIS ARTICLE
New York
Jerry Lowery
New York Convention Center
New York City
Lowery
Lowerly
William W. Mee
Trade Show Bureau
New Canaan
Conn
Mee
Support grows for communications bill in Congress
About two dozen telecom firms and major customers raise up to 2 million to back Rep. Timothy Wirth’s bill amid AT&T opposition. Linowitz leads the lobbying push with Becker coordinating a Capitol Hill meeting. Wirth says the fundraising report was mischaracterized and next plots include AT&T talks.
MENTIONED IN THIS ARTICLE
Washington
Timothy E. Wirth
D-Coro
House Communications Subcommittee
American Telephone and Telegraph Co
Wirth
At&t
Sol Linowitz
U.S. Telephone Co
Dallas
Linowitz
Robert Becker
White House
Capitol Hill
Hyatt Hotel
Communications Trade
Residential solar design winners named in Maine brief
Bill Timper and Al Sprinkle won first place in a residential solar design contest by the Foundation for Our Environment in South Berwick Maine. Timper works at Lawrence R Good & Associates. Sprinkle is a Kansas University senior in engineering and architecture.
MENTIONED IN THIS ARTICLE
Bill Timper
Westbrooke
al Sprinkle
Harper
Foundation For Our Environment
South Berwick
Maine
Timper
Lawrence R. Good & Associates
Sprinkle
Kansas University
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Orchard Sr
Joe Transmeier
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Missouri Auction School
Canada
Missouri
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New York Stock Exchange Inc
Securities Investor Protection Corporation
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Edward D. Jones & Co
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Auto Plaza
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