There Will Be Growth in the Spring Economy Outlook
The piece argues that despite mixed data the economy will improve in 1993 with signs of consumer spending rising and production orders improving. It notes uneven recovery across regions and industries, slower job gains, and stresses that growth is solid though not spectacular, led by springtime revival. M. Ray Perryman of Perryman Consultants and Baylor University provides the analysis.
MENTIONED IN THIS ARTICLE
Mr. Bush
George
Uncle Sam
M. Ray Perryman
Perryman Consultants Inc
Baylor University
Waco
Clean energy stocks and gas plays in 1993 market reel
High Plains Corp engages in ethanol distillation aiding cleaner fuel blends with rising sales. Pennzoil and Valero Energy show potential from MTBE demand and Mexican ventures. Consolidated Natural Gas emphasizes stronger earnings after price shifts and ongoing exploration focus, per market watchers.
MENTIONED IN THIS ARTICLE
W. Street
High Plains Corp
HIPC
High Plaine
Highns
High Plains
Valero
Mexico
U.S
Can Oil
International Marketwatch
San Francisco
Middle Class Ebb Sparks Fear of a Divided America
Economists warn the shrinking middle class stems from wage stagnation and inflation, while a growing gap widens between rich and poor. The Census notes more workers earn low wages and black men in full time roles see higher poverty, prompting cries of an impending upheaval as the American Dream feels at risk.
MENTIONED IN THIS ARTICLE
America
Dorsey
Fulton Authority
Angela Hutto
International
Census Bureau
Lemaeten Alsime
Taxability of settlements on 1992 tax returns
An accounting firm notes that settlements may be taxable if they cover previously deducted expenses. If $1000 of a $6000 settlement reimburses medical bills previously deducted, it must be reported as income. Claims for injury or suffering may be nontaxable. Questions may be directed to the Philadelphia office.
MENTIONED IN THIS ARTICLE
New York Exchange
Pennzoil
Chevron
U.S
Wall Street
Francis Curzio
F.X.C. Investors Corp
Queens, N.Y
Philadelphia
Arthur Andersen & Co
Mahoney
Predelphia
California firm executives seek tax relief to 1993 end
Executives at Compensation Resource Inc, a California based concern, aim to maneuver tax charges by extending financial arrangements into early 1993 linked to their son's status within the company. The move centers on delaying higher levies as authorities scrutinize compensation structures.
MENTIONED IN THIS ARTICLE
Calif
Harassment by Bill Collectors Cited in Yearly Trends
The record notes 1990 and 1991 figures as high and 1992 early data show 1,600 plus cases in eight months. Rick Bell, once a bill collector turned consumer advocate, described harassment as a commission driven ploy that pushes debtors toward fear and despair.
MENTIONED IN THIS ARTICLE
Congressional
Rick Bell
Fed policy stance survives Clinton stimulus debate
Fed officials keep focus on price pressures and note a strong 3.9 percent growth in the July September quarter. They say no automatic rate hike if fiscal stimulus raises the deficit but see no need for further cuts to spur growth. Voices from San Francisco and other governors emphasize wage pressures remain mild and overcapacity supports production gains.
MENTIONED IN THIS ARTICLE
Fed
SSR
Robert T. Parry
Federal Reserve Bank of San Francisco
Susan Phillips
Federal Reserve
Clinton
LaWare
David W. Mullins Jr
U.S. Income and Spending Data Signal Healthier Economy
The Commerce Department reports a firmer fourth quarter, with income and spending data seen as evidence of a healthier economy. Analyst Samuel Kahan of Fuji Securities notes the data bolster the overall mood and tone of economic improvement.
MENTIONED IN THIS ARTICLE
U.S
Samuel Kahan
Fuji Securities Inc
Also Mentioned on This Page
California
Bangladesh
Washington
Onn
Louis Navellier
Ec Ovine
Incline Village
Valero Energy New Exchange
Consolidated Natu- mNeeik Exchange
Consolidated Natural Gas
Consolidated
Imee Cae Ae
United R Babson Investment Report
Wellesley Hills
Mass
de Guies
Emareea Rade
Kathy McIntyre
BSS
Attorney General's
Bill Tor
Tives
Knight-Ridder News Service
the Commerce Department
Ernest Lynch & Associates
E. 42Nd Street
Ernest Lynch
C.L.A. Chartered Financia
Livi Christias
N. Lee
Odessa
Inst Baptist Church
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