October 1983 Purchasing Managers Index signals slow growth
The National Association of Purchasing Management reports October production, hiring, and new orders at a 22 month low, indicating continued slowdown. Inflation outlook improved with fewer price increases for a sixth straight month, while the composite index rose slightly above 50, suggesting possible expansion.
MENTIONED IN THIS ARTICLE
New York
National Association of Purchasing Management
Robert Bretz
Pitney Bowes Inc
Bretz
Association
F-16 workers strike at General Dynamics Fort Worth plant
Picket lines surround General Dynamics Fort Worth Division as 6400 IAMAW members vote 98 percent to strike over a pay dispute. The walkout halts a 15 F-16 production line monthly, with issues over a 2-year vs 4-year contract and wage increments. Lane cites $12.01 average hourly wage.
MENTIONED IN THIS ARTICLE
Lodge
Pat Lane
Larry Harmon
Lane
General Dynamics
Regulators to Pressure Fast-Growing Savings Institutions
Washington moves to curb rapid expansion by thrifts as Congress weighs limits on interstate banking and non bank banks. FSLIC insured institutions could face higher premiums or tighter growth caps while officials warn of unsustainable asset increases and weakened net worth.
MENTIONED IN THIS ARTICLE
Chicago Tribune
Washington
Savings and Loan
Congress
U.S. League of Savings Institutions
Edwin J. Gray
Federal Home Loan Bank Board
FSLIC
Federal Savings & Loan Insurance Corp
Gray
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