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News in Frederick, Maryland

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Jun 25, 1993

Page

9

Flook & Associates CPA Opens New Frederick Office

Flook and Associates CPAs opens a fully computerized office at 30 W Patrick St in Frederick. Founders note tailored services for tax planning, financial and business needs, with emphasis on farmer clients and year round planning. The firm promotes decision aiding reports and timely financials for profitability. For details call 620 0304.

Ed Waters Jr Flook & Associates Cpas W. Patrick St Frederick Regina Williams Nancy Flook CPA Joan Wishon Patrick Center Ms. Wishon Carroll Creek Toastmasters Hood College Mountaindale

Personal income up as May savings rise in modest recovery

A 66 percent jump in personal income lifted May savings to 4.8 percent of income as consumer spending edged up 0.2 percent. The Commerce Department noted subsidies depressed farm income and warned the economy shows a slow rebound with durable goods driving services and non-durable spending mixed.

Washington Commerce Department Sandra Shaber Wefa Group Bala Cynwyd Bruce Steinberg Merrill Lynch

GDP growth slows to weakest since 1991 in early 1990s economy

Washington reports a weak 0.7 percent GDP gain for January to March, with consumer spending faltering and defense cuts weighing on growth. Fed Beige Book notes mixed regional activity in May and June, while concerns over tax and health care proposals in Washington delay investment and hiring. Jobless claims rise to 353,000 while inflation shows little upward pressure. California remains weak though other regions show modest gains in retail, construction, and energy sectors. The Fed meets July 6-7 to discuss policy. President Clinton asserts no inflation, while long-term rates likely stay low.

Washington Federal Reserve Fed Commerce Department United States Department Labor Department Federal Open Market Committee Clinton California Golden State

Also Mentioned on This Page

Flook & Associates, Cpas Flook Braddock Heights Chamber of Commerce Frederick County Richard Buckeystown Boyd Cook Middle Atlantic Dairymen Inc Union Bridge Chamber of Commerce of Debbie Williams Spd Fcnb Bank First National Bank First Bank of Frederick Ata County Chamber of Sherry Hahn June Hawker Dale Keefer Gail Coleman FDIC Ima Srls Mas Consumer Loan Department
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