Producer prices and retail sales fall signaling weak economy
Washington reports show a 0.2 percent drop in retail sales and a 0.3 percent decline in wholesale prices, raising questions about the pace of recovery. Analysts warn the data undercuts optimism and may influence the Federal Reserve to maintain slower rate moves.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Robert Brusca
Nikko Securities Co. International Inc
New York
Labor Department
Cynthia Latta
Data Resources Inc
Lexington, Mass
Commerce Department
Stephen 5. Roach
Morgan, Stanley & Co
Iraq
Kuwait
COMSAT to Move Headquarters to Montgomery County Site
COMSAT announces relocation of its corporate headquarters and two divisions to Maryland. The new 177000 square foot Rock Spring Park building will house 500 employees, joining existing Clarksburg labs as it moves from L'Enfant Plaza Washington. Officials tout regional tech gains and state support.
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Annapolis
Prnewswire
William Donald Schaefer
Montgomery County
Neal Potter
Communications Satellite Corp
Comsat
Irving Goldstein
Maryland
L’enfant Plaza
Washington
Rock Spring Park
Clarksburg
Potter
Baltimore
Virginia
Comsat Systems Division
Comsat Video Enterprises
John E. Akridge Iil
Martin Marietta
Marriott
IBM
Jon Gerson
Bank honors two area MDRT qualifiers at Frederick dinner
The Trust Department of Farmers and Mechanics National Bank honored Jay S. Fifer and Paul K. Dell for qualifying for the 1991 Million Dollar Roundtable. The event, a dinner at the Brown Pelican Restaurant, aims to strengthen ties between top local life underwriters and the bank.
MENTIONED IN THIS ARTICLE
Trust Department of Farmers and Mechanics National Bank
Jay S. Fifer
CLU
Chfc
Paul K. Dell
Trust Department
Bank
Fifer
Dell
Brown Pelican
Frederick
Farmers and Mechanics National Bank
Patti A. Stuckey
Day S. Fifer
Brad Young
Peter Dufourny
Marilyn Yost
Carol Blackburn
Katherine and
Charles Nicodemus
Trust Investment Committee
Wilde
CLA
Roundtable
Virginia Fifer
Appointed Hydorn to lead business development at Frederick Contractors
Charles Hydorn is named business development manager at Frederick Contractors Inc. in Frederick. He will handle marketing, new client development and sales for the long established firm. J Bernard Vallandingham Jr. welcomed his appointment.
MENTIONED IN THIS ARTICLE
Charles Hydorn
Frederick Contractors Inc
Frederick
J. Bernard Vallandingham Jr
Mr. Hydorn
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