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More bad news is ahead. The authoritative Aerospace Industries Association predicts that commercial-transport sales this year will not exceed 215 planes. That means still fewer jobs in an industry whose direct employment had already fallen from 973,000 people in 1974 to 921,000 last year. The expected total next December: 903,000. When subcontractors' layoffs and the ripple effect on housing and other industries in plant towns are added in, the sag in the airplane industry might well be a drag on the nation's economic recovery...
Final costs for the Nathan M. Pusey Library may exceed the proposed budget by as much as $25,000, and last minute touch-ups may delay the library's planned February 9 opening, a Harvard official said yesterday...
...deficit of $13 million. In fiscal year 1974, the deficit had swollen to $438 million; in fiscal year 1975, which ended this summer, the deficit was $825 million; and in the current fiscal year, which will end June 30, 1976, the Postmaster General currently predicts that the deficit will exceed $1.4 billion-and then only if another substantial increase in postal rates, including a ? first-class-letter rate, takes effect on Dec. 28, as scheduled. You are right, Mr. President. Such arithmetic is quite comparable to the record in New York...
...path leading to the executive suite, but a way of biding one's time before going to work on the assembly line. The number of fourth grade students who score significantly below the national average on standardized tests is almost ten times the number of students whose scores exceed the national average. Educators complain about a lack of money for proper facilties. Under the current system of property tax finance for public schools, it is especially difficult to obtain decent funds for education in a city where extensive citizen and industry migration to the suburbs has left many buildings only...
...announced that gas supplies would come closer to meeting demand than it had anticipated in October. The revised prediction estimates that potential demand will exceed supply by 21% rather than the previously forecast 23%. Though the 2% difference seems small, it is crucial-just enough to remove the threat of supply cutoffs to industrial plants that can use only natural gas as a fuel. Barring abnormally cold weather, Zarb now says, the only factories and utilities likely to have their gas supplies interrupted are those that can switch to alternative fuels like oil; the clear implication is that gas shortages...