Home prices rise nationwide in late 1993
The National Association of Realtors reports a 3.4 percent fourth quarter rise in national home prices from 1992, with gains across all regions. The Midwest leads with sizable double-digit increases in several markets, while mortgage rates at 7.05 percent support buyers and sales volume climbs 8.1 percent year over year.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
Midwest
South
Northeast
Honolulu
Waterloo
Cedar Falls
Towa
Realtors
Robert H. Elrod
Richland-Kennewick-Pasco
Washington State
Salt Lake City
Green Bay
Wis
Trenton
N.J
John A. Tuccillo
West
California
Pittsburgh
District of Columbia
Elrod
Federal Home Loan Mortgage Corp
Tuccillo
Federal Reserve
Fed
Realtors Group
Roach
Productivity rebound drives U.S. growth in 1998
U.S. nonfarm productivity rose 4.2 percent in Oct-Dec, fastest in a year, with economists noting the gain factors in layoffs and longer hours. Morgan Stanley’s Stephen Roach calls the recovery productivity-led, as output per hour rises while inflation remains tame, despite ongoing job cuts.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Stephen S. Roach
Morgan Stanley & Co
New
Germany Posts Postwar Unemployment Record Over Four Million
Germany reported a postwar unemployment peak of 4.03 million for last month, with 2,736,100 in the west and 1,293,400 in the east. The jobless rate rose to about 8 percent in the west and 17 percent in the east, as firms trim payrolls amid recession.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Federal Statistics Office
Avemco reports Q4 earnings rise to 30c a share
AVEMCO Corp reports fourth quarter net earnings of 2.8 million dollars, or 30 cents per share, up from 2.0 million dollars, or 17 cents per share in the prior year quarter 1992.
MENTIONED IN THIS ARTICLE
Avemco Corp
Maryland Bar Associations Plan Seminar on Future
The Maryland State Bar Association with Allegany Frederick Garrett and Washington county bar groups will present a seminar on future legal practices and professional development. The event aims to explore evolving standards, ethics, and court procedures affecting attorneys across the region.
MENTIONED IN THIS ARTICLE
The
Maryland State Bar Association
Allegany, Frederick, Garrett
Washington County Bar Associations
Maryland caps unemployment fund levy at 1.7 percent
Gov. William Donald Schaefer signed a bill freezing the Maryland unemploy ment insurance surcharge at 1.7 percent for two years after raising from 1.7 to 1.9 percent at the start of the year. The plan would otherwise rise to 2 percent next year.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
William Donald Schaefer
Senate
House of Delegates
Trends for Solo and Small Practitioners Event
A note describes a February 26 meeting at the Sheraton Inn Hagerstown for solo and small practitioners. For more information, contact Patricia Yevies at 1 300 492 1964.
MENTIONED IN THIS ARTICLE
Sheraton Inn-Hagerstown
Patricia Yevies
Time Keepers opens in Brunswick with watch repair service
Frank Palasciano of 527 W Potomac St has started Time Keepers offering maintenance and repair for all timepieces from wristwatches to grandfather clocks. A Master Watch Maker trained at Gem City College in Quincy, he partners with local jewelers and antique shops, provides free pickup and delivery, and sells antique watches with wife Sandy assisting. For more information call 6312.
MENTIONED IN THIS ARTICLE
Brunswick
Frank Palasciano
Potomac St
Mr. Palasciano
Gem City College
Quincy, I
Dow Mixed As Investors Gauge Rates After Drop
New York stocks ended mixed in quiet trading as worries about higher interest rates lingered. The Dow fell about 0.29 points while small caps rose led by technology shares. NYSE volume reached 317.5 million with 11 gainers to 9 losers. major indices showed modest moves amid a soft backdrop and mixed advances on the day.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Standard&Poor
Standard&Poor’s
Fax group pushes courts to overturn unsolicited ad ban
A coalition of firms led by the Committee to Preserve Electronic Free Speech seeks to strike down Oregon’s ban on unsolicited fax advertising. They petition the U S District Court of Oregon and the Ninth Circuit to declare the law unconstitutional and consider cross border tax advertising to evade its reach.
MENTIONED IN THIS ARTICLE
Committee To
U.S. District Court of Oregon
9Th District U.S. Court of Appeals
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Avemco Report
Alentine
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Frederick News- Post
MasterCard
Frederick
Patrick St
Sandy
Business Radio Products, Inc
Industry Lane
O. Frederick
Motorola
Rodius
Eliabie A
Motorota
Rods
Motorata, Inc
FCC
ABI Industry Training Center
Saeeteton Japore
ABI
Technology Park
Abbie Business Institute