29 Feb 1992
Page 1
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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Feb 29, 1992
Page
1
The Commerce Department reports GDP rose 0.8 percent in the last quarter of 1991, signaling modest strength but raising concerns that inventory buildup may threaten growth in the new year. Inflation remained under control as the price index tied to GDP was revised upward.
The Odessa American wraps February’s Our Town feature, a Saturday spotlight on Permian Basin communities. It highlights West Texas flavor and the spirit shaping local cities, concluding with an Odessa focus.
A panel of experts assembled by the National Institutes of Health outlines recommended steps before pursuing medical treatment. The guidance emphasizes at least three diagnostic tests to inform decisions and avoid premature therapies, aiming to improve patient outcomes and reduce unnecessary procedures.
Washington leaders remain deadlocked as President Bush faces stiff Democratic opposition over a tax cut plan. The dispute centers on proposals like a $5,000 homebuyer credit and numerous changes Democrats added, while conservatives press for no new taxes.
An IRA planted bomb exploded at a London station injuring 28 people. Officials say the device was designed to kill and four victims remain in serious condition. Police launched a full investigation as emergency services treated the injured at the scene.
In Fukui Prefecture west of Honshu authorities report arrests in three car theft cases tied to a new fax network linking about 300 sites. The system, launched to curb crime, aggregates tips received across the prefecture and aided investigators in identifying suspects.
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