Arizona Faces Stagflation As February Data Show Slowing Growth
Dr. Harold Fearon of Arizona State University reports Arizona's February economy shows stagflation with high inflation and weak gains. New orders, employment, and production rose slowly, while prices continued to climb and supply difficulties persisted. He warns growth could turn negative if orders and production stagnate.
MENTIONED IN THIS ARTICLE
Purchasing Management Association of Arizona
ASU
Arizona
Fearon
New York Stock Exchange Closing Quotations
The item lists closing quotations from the New York Stock Exchange with figures for key stocks. It notes price levels and movements, reflecting market activity at the session end.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Wall Street Roundup Mixed Closing on Amex Stocks
American Exchange close shows varied results with numerous tickers across sectors. Names include Petro, CirKE K, CreoleP, Union 1, Walgreens, Xerox CP, and Zurn ind among others, reflecting mixed gains and losses.
February commodity rally weighs on market outlook
The February surge in commodity prices spurred by currency flight could alter the market's path, with Futures Market Services noting a collision between higher prices and weaker business activity. Merkin & Co predicts the Dow Jones Industrials may rise to 900 920, potentially lasting through March amid Arab oil embargo tensions and acreage plans.
MENTIONED IN THIS ARTICLE
New York
UPI
Merkin & Com, Inc
Dow Jones
Stocks Fall on NYSE Amid Oil Embargo Uncertainty
UPI reports moderate trading on the New York Stock Exchange saw broad declines as investors priced in continued Arab oil embargo tensions. The Dow slipped to 869.45, S&P 500 fell to 96.91, with about 14.4 million shares traded. note cites mixed volume, March wholesale price rise, and ITT Avis tax ruling impact.
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NEW York
UPI
New York Stock Exchange
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Dow Jones
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Walt Disney
International’ Telephone” & Telegraph Corp
Avis
Dow Jones Averages Close Mixed As Trading Slows
Dow Jones closing averages show declines across all major sectors with the Industrial average at 869.06 down 10.79, Transports 194.72 down 2.74, and Utilities 93.56 down 0.29. Total volume reached 14.5 million shares as trading eased.
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Retail sales harassment sparks shopper complaints
Three women describe frequent harassment by clerks in stores as they browse and select items. They urge managers to maintain adequate staff and discourage badgering, noting the need for better service during peak hours and discussing the impracticality of hiring enough staff without raising prices.
MENTIONED IN THIS ARTICLE
G.B. Denton
Military engineers meet here in Phoenix conference
More than a hundred engineers from four Rocky Mountain states converge on Phoenix March 14 for a two day regional conference of the Society of American Military Engineers. Robert C. Esterbrooks serves as general chairman. The Ramada Inn East hosts events including a banquet on March 15 and an address by Col. Norman C. Gaddis on energy conservation.
MENTIONED IN THIS ARTICLE
Rocky’ Mountain
Phoenix
Society of American Military Engineers
Robert C. Esterbrooks
Maricopa County
Ramada Inn East
East van Buren
Air Force
Norman C. Gaddis
North Vietnam
Ramada
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