Housing Starts Fall Sharply Amid Recession Fears
Eileen Alt Powell reports that housing starts plunged over 22 percent in two months to a 1.5 million annual rate, with November sales of existing homes down 12 percent to 3.55 million. Realtors warn of recessionary impact, while analysts foresee further declines into 1981 and 1982, tied to tight money and high rates. Building permits dropped 29 percent in November, signaling weaker housing activity ahead.
MENTIONED IN THIS ARTICLE
Eileen Alt Powell
Associated Press
Washington
Commerce Department
National Association of Realtors
Michael Sumichrast
National Association of Home Builders
Federal Reserve Board
Central Bank
Americans fear heating bills rise in AP NBC poll
Nearly two in five Americans worry they cannot pay home heating costs this winter, with higher concern among heating oil users. Fifty percent of oil users report bill worry, while natural gas and electric users show about one third. Seventy two percent are not worried about fuel sufficiency.
MENTIONED IN THIS ARTICLE
Evans Witt
Associated Press
NEW York
NBC News
Ried
Ap-Nbc News
Weather outlook for Pecos area through Thursday
Sky cover stays cloudy to partly cloudy with widely scattered showers possible across the area. Temperatures trend warmer today after yesterday's 61 with a 42 degree low. West Texas maps show cooler Panhandle and warmer south with showers southwest tonight and Thursday.
MENTIONED IN THIS ARTICLE
Pecos
West Texas
Panhandle
Dallas Ruling Finds Blacks Discriminated in Police Hiring
A federal judge ruled the Dallas police department discriminated against blacks in hiring from 1973 to 1978. The case could cost the city 2.7 to 5.7 million in back pay for 1,500 to 2,000 black applicants. Women were not found to be biased, with under 100 women in a 2,000 member force.
MENTIONED IN THIS ARTICLE
Dallas
Dallas Police Department
U.S
Patrick Higginbotham
Higginbotham
Ques
Kenneth Molberg
Molberg
Senate backs 1.25 billion Chrysler loan guarantee
The Senate gave preliminary approval to a 1.25 billion dollar federal loan guaranty for Chrysler, removing a major obstacle to final action. The measure, 54-43, would require the UAW to forgo 400 million in negotiated raises, with wage concessions to double the previous 200 million. Douglas Fraser signaled support but could not assure union consent.
MENTIONED IN THIS ARTICLE
Washington
Senate
Chrysler Corp
UAW
House
Chrysler
Douglas Fraser
Texas Past and Promise Independents largest minority
AP examines Texas politics in the 1970s, focusing on independent voters as the era's dominant minority. The piece details how ticket splitters aided Bill Clements’s 1978 governor win, helped Lloyd Bentsen’s 1970 Senate upset, and shaped party dynamics, with experts predicting the two party system may evolve by 1980 and 1982.
MENTIONED IN THIS ARTICLE
Texas
Garth Jones
Associated Press
Austin
Dallas
Bill Clements
Lloyd Bentsen
U.S
Ralph Yarborough
South Texas
Dolph Briscoe
Preston Smith
Ben Barnes
Frances Farenthold
George Williford
GOP
John Hill
Clements
George Christian
Price Daniel
John Connally
Lyndon B. Johnson
Christian
Calvin Guest
Bryan
Briscoe
Ray Hutchison
Guest
Barnes
Sissy
Farenthold
Richard Nixon
Bentlen
Supreme Court
Will Garwood
Lance Tarrance
Houston
House Passage Sparks Debate Over Chrysler Collapse Mood
House passage on a 271 136 vote Tuesday followed a debate in which Speaker Thomas P. O Neill Jr. D Mass cautioned that a Chrysler collapse might trigger a low mood among the public and lawmakers.
MENTIONED IN THIS ARTICLE
HOUSE
Thomas P. O'Neill Jr
D-Mass
A Special Love Story by George W Cornell begins in The Enterprise
A five part Christmas series explores love stories from Mary and Joseph to the birth of Jesus Christ. George W Cornell, AP religion writer, recounts betrothal joys and Mary’s doubts before Christ’s birth. The piece is illustrated by Larry Zwart.
MENTIONED IN THIS ARTICLE
Joseph
Mary
Jesus Christ
George W. Cornell
Associated Press
AP News
Larry Zwart
Enterprise
Cornell
Christ
Word
God
Harper & Row
John Paul I
Also Mentioned on This Page
FTA
Future Teachers of America
First United Methodist Church
Martin Arreguy
Robert Hinojos
Senate Banking Committee
United Auto Workers
Farnums
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