April Personal Incomes Stagnate as Spending Rises
U S government data show personal incomes flat in April at a 526 trillion annual rate, breaking a four month rise. Consumers boosted spending by 1 percent to 4.28 trillion despite weak income growth and a shrinking savings rate.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
East Coast
David Wyss
Dri-Mcgraw Hill
Lexington, Mass
Wyss
National Association of Purchasing Management
Clinton
Congress
Evelina Taner
Prime Economic Consulting
Chicago
Department
Martin Marietta reports first quarter loss in 1993
Bethesda based Martin Marietta Corp posts a 1993 first quarter loss of 3.356 billion after a 412 million after tax accounting charge. Earnings before the charge were 764 million or 161 a share, versus 74.6 million or 151 a share a year ago. First quarter sales total 117 million, down from 137 million in 1992. After the charge the company shows a loss of 7.08 per share for the quarter.
MENTIONED IN THIS ARTICLE
Bethesda, Md
Martin Marietta Corp
Aerospace and Defense
Yen climbs deflates dollar woes hit American visitors in Tokyo
Americans in Japan face rising costs as the dollar falls against the yen. In four months the dollar lost about 20 percent, pricing out tourists and pressuring businesses. Some ex-pats and firms cut staff or delay assignments. others benefit from yen wages. Currency shifts trigger widespread concern over Japan’s recovery and foreign-exchange earnings. AVEMCO Corp. declares a 10 cent dividend payable July 22 to holders of record June 25.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Judy Eldridge
Leonard Wood
West Lafayette
Ind
American Express
Clinton
Ted Snell
Toronto
Avemco Corp
Also Mentioned on This Page
Juliann’s
Kelly Hahn
Juliann’s Klassy Ruffles
Golden Mile
Chi Chi’s
U.S
Jack Lindsay
Julie
Frederick
Juliana’s
Janet Nolan
Lindsay
Dana Lidard
Sam Yu
Ralph
Ralph Wight
Peggy Wight
Marla DiPasqua
George Feldt
John Kamrad
Donna Briscoe
Bonnie Hawes
Ed Riffle
Maryland
Keystone Insurance Company
Insurance Department
State of
MDPR
Market Street
Philadelphia
Keystone
Krwaabrap
Maryland National
Maryland National Bank
Baggest Bank
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