Economists weigh impact of North American free trade pact
Washington economists forecast mixed US job effects from the North American Free Trade Agreement with some industries relocating to Mexico and others expanding. They expect long term gains in jobs as Mexico grows, while workers in textiles, autos, and apparel may face dislocation, with retraining urged and consumer prices possibly easing on select goods.
MENTIONED IN THIS ARTICLE
Washington
North America
Mexico
Congress
Caim
David Wyss
DRI McGraw Hil
United States
Gary Hufbauer
Institute For International Economics of
Mark Zandi
West Chester
Zandi
Thea Lee
Economic Policy Institute
Lee
Hufbauer
Canadian workers oppose three country free trade pact
The three nation free trade agreement drawing Canada into a North American market faces weak public support in Canada. Polls show only 28 percent backing, with 83 percent wanting changes to the existing Canada United States pact. Prime Minister Mulroney’s government backs ratification, citing potential jobs and growth, while critics blame unemployment on recession and relocation of firms.
MENTIONED IN THIS ARTICLE
Toront
North America
Canada
Mexico
Boulioch
Theanadian Federation of Independent Business
Gallup
United States
Brian Mulroney
Mulroney
Ottawa
Bob White
Canadian Labor Congress
US Canada
White
Thomas d‘Aquino
Business Council On National Issues
d‘Aquino
Ontario
Bob Rae
New Democratic Party
Bush
George Bush
Rae
Rowe Price reports record quarterly revenues in Q2 1992
Rowe Price Associates Inc reports record quarterly revenues of 590 million for the quarter ended June 30 1992 up 15 percent from the prior year Net income and earnings per share rise 9 percent and 6 cents respectively to 19 84 million and 6 cents per share First half 1992 net income totals 158 million or 1 05 per share on revenues 1176 million versus 133 million or 9 per share in 1991 Also notes July sales at Lowes Co 409 6 million up 28 percent from 1991 with retail up 40 percent contractor sales up 21 percent
MENTIONED IN THIS ARTICLE
Baltimore
Prnewswire
T Rowe Price Associates Inc
Lowes Co
Uni-Marts Inc
State College
Noland Co
Grain futures activity on Chicago Board of Trade openness
Grain futures trading in Chicago shows WHEAT and SOYBEANS quotes with open high low and last prices. Contracts for Sep Mar May and Aug feature price movements and daily change figures, with open interest noted and various bid ask values across sessions.
MENTIONED IN THIS ARTICLE
Chicago
Iapy
Chicago Board of Trade
Shaw
Nps
Npen
Japanese Critics See NAFTA Free Trade Zone as Blow
Japanese government and auto leaders condemn the tariff free zone linking the United States Canada and Mexico as a blow to free trade. Officials warn stricter local content rules raise costs and force redesigns for cars built in Canada and the United States. Local content rules may widen trade barriers and push Japan to evaluate impact on non North American partners.
MENTIONED IN THIS ARTICLE
Tokyo
United States
Canada
Mexico
Sungehiro Yoshioka
Japan Automobile Manufacturers Association
Japan
Washington
Jun Okumura
Trade Ministry
Also Mentioned on This Page
Afl-Cio
William H. Bywater
Morton Babr
Communication Workers of America
Mr. Wyss
U.S
Florida
Michael Wilson
Rowe Price Report
Lowe's Sales
ROLEX
Re Fine Jewelers
Krea
Martinsburg Mall
MARTINS@U
Ea L
Honda Motor Co
U.S. Customs Service
Hajime Ota
International Economic Affairs Department
Japan Federation of Economic Organizations
Europe
Malaysia
Okumura
Uni-Mart Report
Noland Report
Fem
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