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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jun 18, 1992
Page
29
Maryland potential governor candidates stress kept viable business climate. Steinberg cites strong labor workforce and universities, proposes a mini summit and state finance options to attract manufacturing. He advocates regulatory review and a pro business stance while examining gas guzzler laws and fraud oversight.
Rebecca Hahn Windsor of New Market has been named to a three year term on the Baltimore Fed board of directors. As CEO of Hahn Transportation Inc founded by her father in 1944 the firm employs 250 people and is a regional leader. Windsor has held top posts including Maryland Motor Truck Association president and chairman and serves on Frederick County economic development hospital and college boards.
A March audit by the Office of Inspector General criticizes EPA leadership for using 12 luxury sedans and six full-time drivers in violation of fuel efficiency standards and rules restricting such vehicles to top officials. The report cites Lincoln Town Car Mercury Marquis Ford Crown Victoria models and says replacements with smaller government-leased cars are planned after current leases expire.
The Federal Reserve reports broad manufacturing improvement across regions with hiring upticks in Chicago Philadelphia and Richmond districts. Productivity rose 2.7 percent January to March, while unemployment stayed high at 7.5 percent. The Beige Book suggests policy patience ahead of the June meeting.
A Maryland Fed survey shows 32 percent of 19 business leaders say manufacturing expanded in May, with 63 percent predicting six month growth. Executives expect higher shipments and orders by year end, while 16 percent foresee drop in orders and 37 percent anticipate payroll additions.
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