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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 26, 1994
Page
12
Dear Bruce explains that insurance is mainly for middle class people. If assets are under 500000 per person, long term health care insurance may help. Buy early to keep premiums affordable. 60s entrants should inquire. twenties may face high costs or ineligibility.
A group of 43 forecasters expect GDP to rise 2.5 to 3.0 percent in each of 1995's five quarters, keeping inflation in check around 2.7 percent this year and 3.3 percent in 1995. They note housing and business investment support growth while foreign trade and government spending lag, with unemployment at about 6.2 percent in 1994 and 5.9 percent in 1995.
The American Marketing Association Cleveland Chapter will host a 5 30 p m dinner on Oct 12 at the Cleveland Hilton South Independence. Violet Frayne of American Greetings' Office of Innovation will speak on Innovation in an Already Creative Environment. Tickets range 25 to 30 dollars. For info, Mary Ellen Kraus 341 0064. October programs by Cleveland Advanced Manufacturing Program cover engineering documentation control total productive maintenance global sales tools and technology demos. Info 432 5300.
Gasoline costs fall across the country in the past two weeks. The average pump price, including all grades and taxes, sits at 122.10 cents per gallon, down 1.86 cents since September 9. Self serve regular is 115.37 cents, mid-grade 125.92 cents, premium 134.18, and regular leaded 119.35.
The Transportation Department proposed increasing the baggage compensation limit for lost damaged or delayed luggage to 1850 dollars from 1250 dollars. The current 1250 dollar domestic limit was set ten years ago and aims to balance passengers baggage value with airline protection from excessive claims.
As the third quarter ends, stocks fall bonds yield higher and the dollar sinks. Traders await the Federal Reserve Board meeting Tuesday with economists split on a rate hike. Some expect no action, while others push for another boost amid inflation data and strong U.S. demand signals.
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