Home sales fall as incomes and spending rise
Washington reports September new home sales slump 12.9 percent, with double-digit declines nationwide. The rate for single family homes hit 446,000 annually, while August's revised gain was 1.8 percent. Consumer spending rose 0.2 percent in September, aided by a 0.5 percent income rise. The Fed cut short-term rates, seen as stimulus despite housing weakness.
MENTIONED IN THIS ARTICLE
Washington
David F. Seiders
National Association of Home Builders
Federal Reserve
Fed
Alan Greenspan
Departments of Commerce and Housing and Urban Development
Commerce Department
Frederick County Chamber November events and activities
The chamber schedules numerous meetings and programs in November 1991 as part of President Jack Castle's leadership theme Working Together for Frederick County 991. Highlights include Agri-Business and Education Committee gatherings, Government Affairs Breakfast with mayors as speakers, Teacher Excellence awards, Leadership Frederick County session, Farm Family Banquet, Small Business Council, Ambassador Club, Business Card Exchange, and the Snow Ball. Also noted are Veterans Day Thanksgiving and Snow Ball dates with the upcoming December and January chamber events and the contact number 662-4164 for details.
MENTIONED IN THIS ARTICLE
Santa Claus
Jack Castle
Frederick County 991
Agri-Business Committee
Watson’s
Econo Lodge
My. Oo Rliaspatial
Chamber Office
FSK Holiday Inn
Frederick County
Business Development Committee
Farm Family
Dan Dee
Small Business Council Committee
Chamber Adee
Ambassador Club
Chamber
Eastern Waste Industries
Board of Directors
Annapolis
Big Three Auto Losses Hit Record Height in 1991 Outlook
Chrysler reports an 82 million third quarter loss, pushing the Big Three nine month total to 4.9 billion and foreshadowing a historically poor year. GM and Ford also report combined 1.6 billion in Q3 losses, with Chrysler accounting for most of the nine month deficit. Westinghouse to lay off 1,300 Maryland Electronic Systems Group workers in December, after a prior October figure of 1,200.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
Wall Street
General Motors Corp
Ford Motor Corp
Baltimore
Westinghouse
Court clears way for Bells to add information services
The Supreme Court action in Washington clears the way for Bells to add information services. The decision signals possible broader regulatory implications and sets a path for Bells to expand offerings while awaiting further judicial guidance.
MENTIONED IN THIS ARTICLE
Appeals Court
Appeals
ANPA
Cathleen Black
Justice Department
Louisiana business leaders split in governor runoff choice
In New Orleans business leaders resist both candidates in Louisiana's runoff between Edwin Edwards and David Duke. Edwards is favored by many despite past scandals, while Duke's Ku Klux Klan past and Republican disownment draw widespread concern among investors and officials. The November 16 election shapes Louisiana’s economy and political future.
MENTIONED IN THIS ARTICLE
New Orleans
Louisiana
David Duke
Edwin Edwards
Mr. Duke
GOP
Ku Klux Klan
Mr. Edwards
Buddy Roemer
Edwards
Also Mentioned on This Page
SACC
Semen EY
Noel Farmer
Howard Jennings
Warres Electrical
Maurice Gladhill
Gladhill Tractor Mart
Cheryl Hyslop
Hagerstown Business College
Robert Kninley
Gude Brothers Greenhouse
Pat Lyons
Advanced Collision
Ed Shaw
Apple Valley
Soma
AP Stock Quotes
Frederick
Jenkins Motors
Cars & Lince
Jenkins Motors Used Car & Truck Department
Charlie Tresty
Miva Mock Buddy Boteler Prat Boon Wit Sargent
Supreme Court
Court
Jack Schaffer
New York
Sonnenblick-Goldman Inc
Duke
Them
Jim Cooper
D-Tean
U.S
Harold Greene
American Tele Phone & Telegraph Co
Bell
U.S. Circuit Court of Appeals For
District of Columbia
Greene
Silbiger & Coleman
W. Patrick Street
Columbia
Maryland
Virginia
Rosemont Avenue
Columbia First Bank
Federal Savings Bank
FDIC
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