GNP plunges 9.1 percent in Q2 hits postwar low
The Commerce Department reported a 9.1 percent GNP drop for April to June, tying the worst postwar decline from 1974 75 and underscoring a steeper recession. Housing starts rose 30 percent in June to 1.19 million, signaling early recovery signs in housing and autos as inflation and rates shift.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce Department
Moon Landrieu
Housing and Urban Development
Jack Carlson
National Association of Realtors
Michael Sumichrast
National Association of Home Builders
Federal Reserve
Reagan urges a new consensus for the U S
Reagan and Bush pressed a campaign message to win over recession weary urban blacks and blue collar Democrats needed to beat Carter. They planned a breakfast with Michigan leaders as unemployment hovers above the national rate and autoworkers face hardship. The GOP tapped Reagan and Bush as its 1980 ticket at the convention and called for a new consensus based on shared values.
MENTIONED IN THIS ARTICLE
Did Kissinger
Reagan
GOP
Ray Bliss
Iudge
Anderson
Ohio
Garry Trudeau
Detroit
UPI
Ronald Reagan
George Bush
Carter
Elyria to Lay Off 72 City Workers Aug 1
Elyria will lay off 72 of its 493 employees on August 1 as a result of a projected $363000 deficit in the general fund. Notices will go to 57 regular city workers and 15 CETA staff this afternoon, with paychecks prior to notices. Details to be announced at a 9:30 a.m. news conference, as unions and city officials discuss the layoffs and potential actions.
MENTIONED IN THIS ARTICLE
Elyria
CETA
Michael B. Keys
General Fund
Keys
International Association of Fire Fighters
Elyria Police Patrolmen’s Association
American Federation of State
Police Lodge 40
Stanley Wojdula
Afscme
Weather forecast for today into Saturday statewide
Partly cloudy tonight and Saturday with a 30 to 40 percent chance of showers and thunderstorms. Lows tonight near 68 to 70, highs Saturday around 90. South winds 5 to 10 mph. High 88 at 11 20 a.m. today. low 68 at 6 30 a.m. today.
Alchem-Tron sues Elyria in $7 million federal action
Alchem-Tron Inc seeks $7 million in a Cleveland US District Court suit against Elyria and council members alleging officials blocked its plans to build an 8 to 12 million plant at 95 Infirmary Road by creating a new zoning district. The company accuses officials of depriving its property use and of reckless indifference, citing zoning changes approved April 21 and permit denials. Attorneys will pursue both common pleas and federal actions.
MENTIONED IN THIS ARTICLE
Alchem-Tron Inc
Cleveland
Elyria and
Paratiasie Aneanes
Cleveland Waste Chemical Processing and Disposal Company
Infirmary Road
Michael B. Keys
Safety Service
Charles B. Hoagland
Lonny G. Shippy
Archie Evans
Elyria
Ohio Environmental Protection Agency
Shippy
OEPA
Mendor
Council
Evans
Elyria Board of Building Standards
Lorain County
Freed hostage Richard Queen Says Farewell at Base
On his way home from Tehran Richard Queen waves farewell at Rheia-Main US Air Force Base before boarding a plane for the final leg of his journey home. He tells reporters he is writing to his hostage roommate Joe Hail, son-in-law of Mrs Patricin an of Elyria. Story on Page A-7.
MENTIONED IN THIS ARTICLE
Richard Queen
Rheia-Main
Air Force Base
Tehran
Joe Hail
Patricinan
Elyria
Lorain County Night to Benefit Arts Council Tickets
The Chronicle Telegram announces the 11th Lorain County Night July 31 at Front Row Theater with Lena Horne and Vic Damone. Tickets cost 8.75 with proceeds to the arts council. roundtrip bus from Midway Mail is 5.25. Deadline noon Wednesday for reservations. over 300 already signed.
MENTIONED IN THIS ARTICLE
Chronicle- Telegram
Lorain County
The
Arts Council
Midway Mail
Chronicle-Telegram
Elyria
Orio
Blanche Wack
Lorain County Arts Council
Also Mentioned on This Page
Gerald R. Ford
U.S
Michigan
William Milliken
Coleman Young
Douglas Fraser
United Auto Workers
Young
Democratic Platform Committee
Fraser
By Bruce Vernyi
the Fraternal Order
Wojdyla
Iran
America
Alchem-Tron Sites City
Vic
Lena
Higbee Co
Leva
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