Inflation in May 1981 and the slow economy
AP Business Analysis notes May 1981 inflation rose 0.7 percent to an annual rate above 8 percent, led by housing costs and mortgage interest. It cites sluggish economy, 7.6 percent unemployment, auto industry slump, and unclear credit to policy. Forecasters acknowledge unpredicted price shocks and mixed signals on real gains.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Reagan
Academe
Six foot nest found in attic by Vancouver homeowners
A tired robin abandoned a six foot tall and six foot wide nest built from straw and feathers in the attic of Norm and Kathy Neaphen in Vancouver. They did not see the bird but believe the nest was carried inside through a small hole, leaving five blue eggs unfertilized.
MENTIONED IN THIS ARTICLE
Vancouver
Wash
Robin
Norm
Kathy Neaphen
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