Foreign parts maintain cost edge over U S auto parts
Washington AP U S automotive parts are costlier than those produced elsewhere except West Germany, giving foreign makers a competitive edge. ITC study for the Senate Finance Committee covers 1982 86, notes $83 billion industry with rising employment to 591,638 in 1986. cites pricing as key in U S buyers preference for foreign parts.
MENTIONED IN THIS ARTICLE
Washington
U.S
West Germany
U.S. International Trade Commission
Senate Finance Committee
ITC
United States
Displaced exec thrives by going to the dogs
Jim and Teri Cowan, laid off from Nordson Corp, shifted to full time golden retriever breeding at Santana Farm on eight acres. Four females and a neutered male reside on site, with a boarding kennel for breeding and care. Puppies sell for 400 dollars each with a 24 month hip eye and disposition guarantee. Buyers are serious and come from across the U S and Canada, many with champion lineage. The Cowans rely on word of mouth rather than advertising.
MENTIONED IN THIS ARTICLE
Teri
Cowans
Santana Farm
Cowan
U S must tackle trade deficit warns economists
Economists warn that despite a $4.4 billion monthly improvement the U S trade deficit remains $170 billion annual and could trigger higher interest rates and a global recession. Experts call for budget cuts and coordinated growth by the U S Europe and Japan to restore balance.
MENTIONED IN THIS ARTICLE
U.S
First National Bank of Chicago
Peter Gloyne
United States
Institute
Builders See Strong Housing Start Outlook For 1988
Dallas convention attendees forecast a solid 1988 housing year despite October market crash. Analysts expect housing starts to fall about 10 percent to 1.38 to 1.4 million, with Midwest replacing Northeast as hottest market and manufacturing jobs improving. Savacool warns cost of housing remains key for buyers next year.
MENTIONED IN THIS ARTICLE
Dallas
U.S
Wall ‘Street
National Association of Home Builders
Michael Sumichrast
Sumichrast
Pates
Midwest
Northeast
Move into upscale home market attracts builders survey
Dallas NAHB convention survey of 999 builders finds more activity in the move-up market as firms shift from first time buyers. 59 percent name the federal budget deficit as the biggest problem. 66 percent build for move-up buyers, 29 percent for first-time buyers, and 5 percent for other.
MENTIONED IN THIS ARTICLE
Dallas
National Association of Home Builders
Kent W. Colton
The
NAHB
Also Mentioned on This Page
Wellington
Jim Cowan
Nordson Corp
C-T
Karen Schiely
Teri Cowan
Eric Best
San Francisco Examiner
Institue For International Economics
America
Europe
Japan
Far East
Germany
Latin America
Jerry Jordan
First Interstate Bank of Los Angeles
By Steve Brown
Dallas Morning News
Robert Hopkins
Salomon Brothers Inc
Hopkins
Texas
Louisiana
John Savacool
Wharton Econometric Forecasting Associates
Sono
Source
U.S. Dept. of Commerce
Maggie
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