Top executives forecast slowdown in economy
A blue ribbon panel of executives forecast the economy would muddle through the next 15 months with rising prices and interest rates, and slower consumer spending. The Business Council projects 1985 growth at 2.1 percent and 1986 at 2.5 percent, with unemployment near 7 percent. Prices and rates are seen climbing as the dollar weakens, and tax increases are viewed as likely to reduce deficits. Deputy Treasury chief Darman called the outlook ominous while noting tax reform progress.
MENTIONED IN THIS ARTICLE
Hot Springs
The
Business Council
U.S
James D. Robinson III
Council
American Express Company
Treasury
Richard G. Darman
Darman
Reagan
Publicity course for small business at FCC
Frederick Community College offers a one day course Publicity For Small Business taught by Vicki Glenn. The session runs 9 am to 4 pm on Saturday October 19 with a 30 dollar fee that includes lunch.
MENTIONED IN THIS ARTICLE
Vicki Glenn
Frederick
Glenn
Frederick Community College
Chameler of Commerce
Frederick County
FCC
Ms. Glenn
Wordsworth
American University School of Communication/ Public Relations
Frederick Community College Office of Continuing Education
NABW adapts to changing banking world in Blue Ridge Chapter
Blue Ridge Chapter installs new officers as NABW leader Carol Carty urges openness to change. She highlights NABW history, expanding roles for women in banking, and the push to recruit members under the Soaring To New Heights program while noting economic shifts and public affairs involvement.
MENTIONED IN THIS ARTICLE
Hagerstown
National Association of Bank Women
NABW
Carol Carty
Blue Ridge
Tortuga
Bagerstown
Carty
United States
Ms. Carty
Barbara Brown
Margaret Wheeler
State Education
Eileen Hutzell
Jane Gilbert
Ruth Dixon
Barbara Wyand
Ed Waters Jr
Auto sales push drives wholesale price drop in September
Wholesale prices tumbled 0.6 percent led by a heavy auto sector drop as end-of-model-year markdowns and financed incentives spurred a 2.7 percent rise in retail sales. Economists say inflation remains unlikely to surge in the near term while consumer spending fuels growth.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Commerce Department
Ie Abe
Franz Price
Chase Econometrics
David Burson
Wharton Econometrics
Speakes
Patenanan
Amae Baca Bow Scg Cleee
Apetember
Market up in quiet trading on IBM and auto issues
I B M profits for the third quarter fell to 2.40 a share, prompting relief despite a decline from the prior year. The Dow rose 11.87 to 1339.84 as auto issues led a quiet session with a 0.81 gain for the composite and NYSE turnover around 113.93 million shares.
MENTIONED IN THIS ARTICLE
Paychex
Paychex Inc
Glessner
Glessner Alarm and Communications Systems
NEW York
International Business Machines
New York Stock Exchange
IBM
NYSE
Echappee Skin Care and Beauty Concepts opens in Frederick
Mayor Ronald N. Young presides at the opening of Echappee Skin Care and Beauty Concepts at 250 W. Patrick St Frederick. Debra Grimes owner esthetician and Deanna Bruch massage practitioner receive Frederick's First plaque. Services include European facials waxing makeup Theraffin massage and body analysis classes.
MENTIONED IN THIS ARTICLE
Ronald N. Young
Frederick
Debra Grimes
Deanna Bruch
Echappee Skin Care and Beauty Concepts
W. Patrick St
Ed Waters Jr
Echappee
Potomac Myotherapy Institute
Grimes
Murrieta Hot Springs
California
No agreement yet in sight for Chrysler Canadian union
Canadian autoworkers and Chrysler Canada Ltd. face a looming midnight strike deadline as talks stall. UAW Canada chief says progress is unlikely, while Chrysler Canada weighs wage parity demands and job-class reductions amid in-plant issues. Bargaining continues over the weekend despite a Thanksgiving holiday.
MENTIONED IN THIS ARTICLE
Chrysler
Toronto
Chryler Corp
Ken Gerard
United Auto Workers of Canada
UAW
U.S
Chrysler Corp
Highland Park
Mich
William Fisher
Chrysler Canada Ltd
Robert White
White
Chrysler Canada
Ontario
Canada
Ford Motor Co
General Motors Corp
United States
Also Mentioned on This Page
House
Senate
Help Your Realth Peoples Drug Stores
Ben Jones
London
Avemco
Baltge
Bell
CSX Corp
Clorox
ComSat
Con Dataite
Exxon
Fairchild Ind
Mercantile Bakshr
Moore Corp
Phil
Penney
Plantin
Potem el
Ryan Homes
Mb Safeway
Sears
Standex
Subr Rep
Tandy Usfg
Gs WA
Whittak
Baker Watts & Co
News-Post
Ms. Brown
Maryland
David Wyss
Data Resources Inc
Mike Evans
Evans Economies Inc
Burson
White House
Larry
Bor
Rite Aid
Rite Aid Corp
D.C
Galaxy Services Department
Digital Systems Corporation
Walkersville
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