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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Nov 15, 2011
Page
14
A compact record notes The Chronicle It El Bergeram traced to its July 24 1829 founding with editors and publishers listed. Hudnutt family served as publisher through 2010 with Andrew R Young and Julie Wallace in key editorial roles during later years.
Team Northeast Ohio reports 2.5 percent Q3 employment rise in manufacturing and 3.7 percent year over year. region adds 30 000 jobs with manufacturing jobs paying better wages. Elyria benefits from higher tax receipts as unemployment falls to 8.5 percent the lowest since December 2008.
The United States faces a slow housing recovery with around 10 million foreclosures since 2006 and prices down about 30 percent from peak. Inventory swells beyond 14 months, while demand stays muted due to tiny household formation and underwater mortgages. Possible fixes include selling foreclosed Fannie Mae and Freddie Mac homes to private renters or broad principal reductions, though moral hazard and lender opposition loom.
Today marks the 319th day of 2011 and the 54th day of autumn. Notable items include the League of Nations first assembly in 1920 and Hu Jintao taking party leadership in 2002. Birthdays span Herschel to Waterston, with a Georgia O’Keeffe quote and moon phase notes.
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