Disappointing data signal slow bumpy economic recovery
The August durable goods orders dropped 2.4 percent and new home sales rose 0.7 percent, signaling a tentative, uneven recovery. Economists caution that stimulus winddowns and weak consumer spending will keep growth volatile, with housing and manufacturing gains tied to government aid and credit conditions.
MENTIONED IN THIS ARTICLE
Christopher S. Rugaber
Washington (Ap
Pau Ashworth
U.S
Capital Economics
Benjamin Reitzes
BMO Capital
Capitol Hill
Federal Reserve
Rowing
David Wyss
Standard & Poor’s
Bethune
Fed
Ben Bernanke
Commerce Department
National Association of Realtors
Skydiving Enthusiast Explains Balloons Versus Planes Thrill
Farneth details how jumping from planes feels compared with hot air balloons, noting lateral speed and downward acceleration, safety gear costs, and training paths. He cites a Beaver Valley Skydiving Club, age groups into the 80s, and a cautious view of BASE jumping and balloon jumps.
MENTIONED IN THIS ARTICLE
Farneth
Air Force concert tickets available in Clearfield PA
Tickets for the Air Force concert are sold at the Clearfield Chamber of Commerce, 125 E Market St, or by sending a self addressed stamped envelope with the requested number of tickets. Limited seating allows four tickets per person, no phone reservations, first come first served. Doors open 6 15 p m seating by 6 45 p m, remaining seats at 6 50 p m.
MENTIONED IN THIS ARTICLE
Clearfield
Pa House Democrats oppose forest drilling plan
More than two dozen Pennsylvania House Democrats signed a letter to caucus leaders voicing grave concerns over expanding gas drilling in state forests. The letter, signed by 28 representatives including Finance Chairman David Levdansky, argues forest resources must be protected and money from land leasing should fund forest and park improvements rather than the general budget. The group warns the plan could jeopardize environmental safeguards and questions the severance tax proposal for gas companies harvesting Marcellus Shale.
MENTIONED IN THIS ARTICLE
Marc Levy
Associated Press
Harrisburg
House
Finance Committee
David Levdansky
Levdansky
Ed Rendell
Todd Bachus
D-Luzerne
Bers
Brett Marcy
Pennsylvania
Senate
Joe Scarnati
Forests Department
Marcellus
Rendell
Senate Republicans
Chamber
Airport authority plans for costs and contracts amid budget moves
Sekula cautions some safety mandated airport services cannot be cut while Shaffer notes progress on paying payables through staff cuts and asset sales. The board approved 2379 for one year of public officials liability insurance and rejected a 1176 fidelity bond. Shaffer cites trust and strict book keeping to deter theft. Also discussed are water storage tank project delays, a high bid purchase of parts for 7500, salt and urea costs via state buying programs, and a natural gas contract plan awaiting price targets. Gulfstream winter schedule returns to DRA with several daily flights and about 420 passengers expected in September. The committee anticipates capital budget funds, possibly in July next year, to support a marketing plan with local developers. Next meeting Oct 23 at 8:30 a.m.
MENTIONED IN THIS ARTICLE
Sekula
Shaffer
Darwin Quality Assurance
Small Insurance
Brookville
Fidelity
Liberty Mutual Insurance
Kim Kesner
Pittsburgh Tank Co
Kesner
Pittsburgh
Cole Helicopter
Altoona
Glenn Schuch
State Department of Transportation
DuBois
Brian Swan
DRA
Gulfstream
Swan
DAA
Midwest
Chicago
O’hare
Pittsburgh International
Howard Glessner
Authority
Air Commerce Park Committee
Penndot
Bureau of Aviation
Scarnati to Lead 100 Mile Ride for Children’s Hospital
State Senate President Pro Tempore Joe Scarnati of Brockway will start a three day 100 mile bike ride on October 16 at 10 a.m. to benefit the Children’s Hospital of Pittsburgh. The event date was moved from October 3 due to state budget work in Harrisburg.
MENTIONED IN THIS ARTICLE
State Senate
Joe Scarnati
R-25
Brockway
Children’s Hospital of
Pittsburgh
Harrisburg
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JHS Global Insight
Kevin Walsh
Thomson Reuters
Congress
Wall Street
Sugust
Boeing Co
John Farneth
Grove City
Keven
George H.w.meh
Eye
Beaver Valley
Clu
U.S. Parachute Association
Billie Holiday
Sarah Vaughn
Mark Nixon
Napoli
John Philip Sousa
Herman Bellstedt
Heritage of America
Europe
Air Force
Clearfield Chamber of Commerce
Wey -Y Heritage Ofamerica Band.af
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DuBois Regional
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