Cornell economist predicts 88 recession free outlook
Cornell University economist Bernard F. Stanton warned that the U.S. economy may avoid a recession in 1988 but faces risks from deficits and policy uncertainty. He cited strong Q3 1987 growth, election-year dynamics, and a fragile deficit situation while predicting lower dairy prices and higher corn prices for farmers in 1988.
MENTIONED IN THIS ARTICLE
Cornell
U.S
Bernard FP. Stanton
Gary
Warren Hall
Corneil
Ithaca
Sianton
Cornett
New York
George L Kasler
Kasler
Syracuse Auto Dealers Name Show Chairman For 79th Event
Jeff Crouse chairman of Bresee Chevrolet was named chair man of the 79th annual Syracuse Auto Dealers Association auto show. The event runs January 13 to 17 at the Onondaga County War Memorial with 40 area dealers and various entertainment and auto industry attractions. Most new car and many import manufacturers will be represented.
MENTIONED IN THIS ARTICLE
Jeff Crouse
Bresee Chevrolet
Syracuse Auto Dealers Association
Onondaga County War Memorial
Alto
Market Declines On Profit Taking Amid Middle East Nervousness
Market downturn blamed on profit taking and worry over Middle East events. The Dow Jones Industrial Average dropped 119.3 points to around 1978.45.93. Local interest stocks closed on the New York and American Stock Exchanges, with some over the counter trades. Quotations provided by Dean Witter Reynolds.
MENTIONED IN THIS ARTICLE
Middle East
New York
Dean Witter Reynolds
PSC rejects NYSEG rate hike and RG&E提asks
The Public Service Commission rejected a 42.0 million dollar NYSEG electric rate increase for 1988 and signaled no hike through 1989. It urged RG&E to oppose a 40.3 million electric and 5.4 million gas request. The PSC ordered a Long Island Lighting audit and noted NYSEG excess profits may offset Nine Mile Point 2 costs.
MENTIONED IN THIS ARTICLE
State Public Service Commission
New York State Electric & Gas
NYSEG
Jamesport
PSC
State Consumer Protection Board
Rochester Gas & Electric
Public Service Commission
Rg&e
Southern Tier
Plattsburgh
Nine Mile Point 2
Com
Long Island Lighting Co
On Time Flight Data Goes Live in Reservation Systems
The Transportation Department requires airlines to display a single digit on time performance for each flight in reservation systems. As of Tuesday customers can see which flight is most likely to arrive on time. Travel agents report low awareness and voluntary disclosure. Industry warns transition may cause early issues during peak travel season.
MENTIONED IN THIS ARTICLE
Ita
U.S
Stanton
Tobacco
Steel
Congress
Reagan
PSC
Francis Rivett
Arthur Young
Tampa
Fla
Liberatepayers
Rivett
Department of Public Service
Lileo
Shoreham
Suffolk County
Ivett
Washington
Transportation Department
Sard
Transportation
James H. Burnley
Pittsburgh
Los Angeles
Raymond Greenly
American Society of Travel Agents
Burnley
American Airlines cancels two-tier wage plan after threat of strike
In Grapevine Texas American Airlines rescinds a four year old wage scale that paid new employees less than veterans. The agreement merges the two scales into a single market rate for 22 000 flight attendants ending a threatened two day walkout timed for Christmas travel. Flight attendants union president Patt Gibbs says members can vote for the deal.
MENTIONED IN THIS ARTICLE
Grapevine
Texas
American Airlines
John Hotard
Patt Gibbs
Association of Professional Flight Attendants
Fort Worth
Euless
Eardy
US and allies renew push to stem dollar decline
The United States and six other industrial democracies pledge tighter cooperation to stabilize the dollar after a stock market crash rattled global growth. Analysts doubt the Louvre accord rehash will curb currency swings or prevent further losses, noting limited ammunition and possible higher rates.
MENTIONED IN THIS ARTICLE
Washington
United States
Group of Sever
U.S
Japan
West Germany
Britain
France
Italy
Paris
Louvre
Also Mentioned on This Page
Syracuse - Q Herald-Journal
Dan Padovano
J. Michael Kelly
Japa
Wayne A. Knoblauch
Andrew Novakovic
Norstar
Connecticut
Howard B. Brown
Fleet Financial Group
Norstar Bancorp
Picet
Providence
United Bank & Trust
First Connecticut Bancorp
New England
Federal Reserve Board
Fleet
Swean
Brown Land
Treasury
Peice
Nynex A Colt Ind
Nyseag. MN
Oneida Ltd
Cooper
Eastman Kodak
Reynolds
Nc Trico
General
Nc General Motor
Goulds
Aneren Mic
OnBank
Cayuga Savings
P&c
Church & Out
Deiierson Nat'l Bok
Syracuse Supply
U.S. Bank Holding Companies
Citicorp
Chase Manhattan Corp
BankAmerica Corp
LP. Morgan & Co
Chemical New York Corp
Daly
Binghamton
The
Associated Press
Stephen Morris
Institute For International Economics
Mars
Allen Sinai
Boston Company
and Economic Advisers Inc
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