Mild recession eyed by economist Eckstein for 1980s
Harvard economist Paul Eckstein, president of Data Resources, warned of a mild recession with slow growth and energy costs rising 17 to 18 percent annually over the next three years. He said inflation plus weak productivity and high energy prices could curb growth and that a balanced budget amendment could force painful tax or spending actions during a downturn.
MENTIONED IN THIS ARTICLE
Baltimore
America
Peleetein
Paul M Warburg
Harvard University
Data Resources
Iac
President's Council of Economic Advisors
Eckstein
Thomas H. Sherlock
Blue Cross of
Maryland
Organization of Petroleum Exporting Countries
OPEC
Ineise
Data Resources, Inc
Executive Associates
Loyola College of Baltimore
Associated Press
Chesapeake Bay
Robert Harris
Virginia Institute of Marine Science
Virginia
Harris
Carter to discuss car of future with auto makers
Washington AP President Carter invites the big four automakers to the White House to discuss a joint industry government R D program for a safe fuel efficient non polluting car of the future. Transportation Secretary Brock Adams edges the plan toward federal help with university grants and shared research outcomes.
MENTIONED IN THIS ARTICLE
Carter
Washington
White House
Brock Adams
Carter Administration
Brock
Transportation Department
General Motors
Jobn Hartnett
Hughes forms commissions to study welfare grants Maryland
Gov. Harry Hughes announced two new panels to study welfare grant levels and the future of Maryland's welfare programs. He named members chosen for objectivity and asked the commissions to complete their studies and draft recommendations for possible 1980 General Assembly legislation.
MENTIONED IN THIS ARTICLE
Hughes
Annapolis
Maryland
General Assembly
Welfare Study Commission
Welfare Commission
Mount Vernon Monster Terrifies Quiet Virginia Woods
In Fairfax County near Mount Vernon, a mysterious nocturnal cry haunts a woods area around $150,000 homes for nine months. Local teens filmed the sounds, drawing wild guesses from Bigfoot to owls and even ghosts of George Washington and his pigs.
MENTIONED IN THIS ARTICLE
Alexandria
George Washington
Mount Vernon
George Stickman
Fairfax County
Gas prices rise to new Maryland record highs
Maryland gas prices jump to record levels per AAA Maryland chapter. Regular leaded at 41 cents per gallon, unleaded 86 cents, and premium 68.2 cents, with increases of about 1.8 cents. AAA’s William Zorzi warns many stations may close by weekend as operators report planned closings by sundown Saturday.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
American Automobile Association
William F. Zorzi
Triple A
Negf Ihe
Luu Perartensat Aylag
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Lawrence F. Radowsky
Carle A. Jackson
Racing Commission
Caronne
W. Patrick St
Frederick
Three Mile Island
Middletown
T.V
Beltone Hearing Aid Service
University Blvd
West Silver Spring
Neme
ALL Star Dairies
Coubea Asgh
Covey's Wines & Spirits
Roseman Awe Fraderch
Frederick Village Lanes
East St Frederck
Fruit Factory
Freden
South End Grocery
Ncheser
Frederica
Staubs Liquors, Inc
ANT Macken
Gt Dear
Sycamore
Fredenck
Whistle Stop RD East St Frederck
Kramer's Grocery
Rosemont Gulf
Brunswick Bowling Center
Guder Ad Brurswick
Jerry's Geer
Liguors
Poromad Sr Brunswick
Grace
Greers
Condor
Williard Main
Cedar Grove
Dickerson
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Emmitsburg Superthrift
Ermsburg
Keyman Gulf
Keymar
Eave's
Bor
Walkersyie
Main’s
Rose's Liquor Store
Barnes Store
Henry's Liquors
Pont of Rocks
Thurmont Superthrift E Main St Thurtont