Housing costs cut from CPI to reflect rent for homeowners
The Bureau of Labor Statistics announced a revision to the Consumer Price Index starting January 1983 that will treat housing costs as if owners pay rent. A companion index for wage earners will follow in 1985. The move aims to lower perceived inflation and adjust cost of living raises for millions including Social Security recipients and union members.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Labor Department
Sai
Norge plans plant cutback and layoffs at Herrin facility
Norge announces production reductions at the Herrin plant, a Magic Chef division, with washers and dryers to be cut in November and December. Ten working days of idling are planned, plus shutdowns on November 5 6 23 24 25 and December 11 to January 11. About 1,100 production workers are affected.
MENTIONED IN THIS ARTICLE
Theresa Churchill
Southern Illinoisan
Herrin Norge
Jon Nicholas
Magic Chef Inc
Rend board approves plant to serve resort at Gun Creek
Rend Lake Conservancy District votes to build a sewage treatment plant on 19 acres at Ewing to serve a proposed Gun Creek resort complex. Engineer Lawrence Lipe to prepare bids and ads. plant could operate by end of next summer. Funding includes $1.5 million IEPA grant. district seeks $500,000. resort fund balance is $115,694. Trustee Toler withdraws large disposal truck purchase as water system loses $10,000 monthly.
MENTIONED IN THIS ARTICLE
O.R. Walley
Southern Illinoisan
Gun Creek
Ewing
Rend Lake Conservancy District Board
Lawrence Lipe
Lipe
Linois Environmental Protection Agency
Larry Foster
IEPA
Charles Toler
Rend Lake
Lawrence of Saudi Arabia? Carbondale planner heads to Yanbu city
Lawrence of Saudi Arabia? A Carbondale senior planner, L. S. Bruno, leaves City Hall after seven years to join Parsons in Pasadena and work in Yanbu Industrial City in Saudi Arabia. He will help plan a new port city with energy terminals and petrochemical plants, a $10 billion eight year first phase. Bruno accepts foreign risk for high rewards, aiming to build an urban industrial complex for 135000 people in 25 years, while adapting to a single status assignment for 18 months.
MENTIONED IN THIS ARTICLE
Tom Woolf
Southern Illinoisan
Carbondale
Lawrence of Arabia
T.E. Lawrence
L.S
Larry
Bruno
Saudi Arabia
Benton
Mideast
Red Sea
City Hall
Ace
Parsons Worldwide Engineers/Constructors
Pasadena
Cal
Yanbu
Jubail
Saudi Arabian
Royal Commission For
Africa
Middle East
Maggie Flanagan
Penny hoarding drives copper shortage and zinc penny plan
Hoarding of pennies has drained coins from circulation causing businesses to ration cents and adjust prices. Bank of Carbondale offers a 10 percent profit for pennies brought in before year end as experts argue copper loses value when refined.
MENTIONED IN THIS ARTICLE
Karen Ramsey
Southern Illinoisan
Ruth Bryant
St. Louis Federal Reserve Bank
Dan Josten
J & J Coins
Carbondale
Josten
Bryant
Bank of Carbondale
Teresa Rust
First National Bank and Trust In
Barbara Abbott
Also Mentioned on This Page
Janet L. Norwood
The
Statistics Bureau
Norge
Nicholas
Rend Board
Lawrence of Saudi Arabia
Red Sea City
Joe Jines
L. S
Larry’ Bruno
Carbondale City Hall
PEN
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