Americans pessimistic on economic future poll finds nearly six in ten expect worsening economy
The AP NBC poll of 1,600 adults shows 58 percent foresee worse inflation next year and 60 percent doubt Carter’s voluntary wage price guidelines will curb inflation. A majority blame rising prices on government spending cuts, while 48 percent oppose mandatory controls. Results note sample error margins and question timing.
MENTIONED IN THIS ARTICLE
Carter
Nnhlir
NBC News
Ap-Nbc News
Carter pep talk spurs advance in stock market
New York stocks surged as President Carter and Federal Reserve chair Miller voiced confidence in fighting inflation. The Dow jumped 858 points to 794.18, the biggest gain since November, with gains led by Polaroid, Eastman Kodak, Burroughs, and Dupont amid high interest rates and inflation debates.
MENTIONED IN THIS ARTICLE
Carter
New York
Federal Reserve Board
G. William Miller
New York Stock Exchange
NYSE
Standard & Poor’s
S&p
Energy costs push mortgage defaults warned by DOE official
An official of the Department of Energy warned that rising energy costs could lift mortgage defaults. Peter Back, acting director of the department's building energy program, said higher energy prices shrink disposable income and raise default risk. He urged Realtors to support energy conservation financing including a $2000 credit for energy-efficient home improvements.
MENTIONED IN THIS ARTICLE
Department of Energy
Keild
Peter Back
Nation of Realtors
Energy Department
National Association of Realtors
Gem State Airlines to start Idaho commuter service
Gem State Airlines, a new commuter carrier, will begin operations in December serving Idaho with Swearingen Metro II turboprops. The Metro II, a 300 mph, 19 passenger pressurized craft, is used by over 20 airlines worldwide. Swearingen Aviation, a Fairchild subsidiary, notes Metro deliveries to Australia, Colombia and others since 1978. Swearingen expands with European office moves and distributors added in 1978.
MENTIONED IN THIS ARTICLE
Gem State Airlines
of Idaho
Gem State
Coeur
Atplann
Wademetaema Tanaka Aiso
Spokane
Wash
Swearingen Aviation Corporation
Swearingen
Australia
Colombia
Denmark
Germany
Israel
Geneva
Switzerland
Swearingen Records September Aircraft Bookings
Swearingen Aviation Corp reports September bookings totaling over 30 million dollars with 22 aircraft orders at equipped retail value. President C J Stathis cites growth driving future markets and notes three new distributors appointed this year with more to be announced. Expanding commuter airline activity increases demand for the Metro.
MENTIONED IN THIS ARTICLE
Swearingen Aviation Corporation
C. J. Stathis
Swearingen
BCC
Stathis
Metro
Textile workers rally to curb imported clothing items
More than 20,000 clothing and textile workers are expected to attend rallies in HaM if More and tour other cities to protest continued imports of textile and apparel. They claim they cannot compete with low wage rates in the Orient and Europe. The main goal is to limit imports, not end them.
MENTIONED IN THIS ARTICLE
Hamimore
United States
Orient
Europe
Also Mentioned on This Page
Associated Press
NBC
Fort
Alfred Kahn
Miller
Polaroid
Eastman Kodak
Burroughs
Dupont
American Stock Exchange
Fairchild Industries
Germantown
Swearingen Corp
Come In
H. B. Duvall, Inc
East
Patrick ST
Ext
Frederick
Routzahn's
Make Gowers
Your Gift Headquarters
Fisher
Baby Bear
Mama Bear
Papa Bear
Edison Humidifier
Rovtzahn's
East Patrick St
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