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Fuel, rates top business worries

The survey showed a two point decline in the index of expected sales, with just 38 per cent of executives expecting an increase in sales over the March quarter, while 20 per cent expect a decrease.

The profits index fell four points, with 32 per cent of executives expecting profits to rise and 24 per cent expecting a fall.

Expectations for future capital investment also softened.

On the positive side, hiring expectations were up five points, with 13 per cent of executives expecting an increase in staff and 10 per cent expecting a reduction.

There were tentative signs of moderating inflation with the selling prices index down four points, although 59 per cent of firms still expect to raise prices in the March quarter while just 6 per cent expect to cut them.


New law enforcement chief

TAUTOG: 22 pounds, 2 ounce, Lester Johnson, Newport News, off Virginia Beach.

TRUE ALBACORE: 53 pounds, George Wilkinson, Edgewater, Md., off Virginia Beach.

BLUEFIN TUNA: 573 pound state record, Bo Haycox, Virginia Beach, off Virginia Beach.

TUNA: 241 pounds, Eric Kuester, Ashland, off Virginia Beach.

WAHOO: 96 pounds, Robert Manus, off Virginia Beach.

MEETINGS/EVENTS/SEASONS

Late muzzleloading season, Dec. 15-Jan. 5.

Reopening of western zone Canada goose season, Dec. 15-Jan. 14.

Book signing by hiking-naturalists author Leonard Adkins, noon-4 p.m., Barnes and Noble, Valley View Mall, Dec. 16.

Book signing by hiking-naturalists author Leonard Adkins, 6-9 p.m., Barnes and Noble, Valley View Mall, Dec.


Dollar - Recession Coming?

However, that dynamic may not last for much longer if the market becomes convinced that the risk of US recession is real. Under that scenario the greenback is likely to fall irrespective of equity flows as speculators anticipate a series of rate cuts from the Fed. This week the US calendar is relatively tame with Pending Home Sales and Trade Balance data the only key markers on the docket. One key data point that may receive more attention than it usually gets is the Consumer Credit survey report. The market anticipates a large expansion to $8.5 Billion but if the number fails to meet its forecast it will serve as yet another piece of evidence that the US consumer is slowing markedly and the line between a slowdown and recession will only become thinner as the woes in US housing finally begin to impact the broader US economy.


School bus strike spells chaos on city roads

It has space to put in place facilities that can make growth and rehabilitation of children possible. It has several �model� nuances but none of these claims are any good because the home is under lock and key.

And like volunteers of PGI Childline (free service to help children in distress) who had a tough time trying to find shelter for a child found abandoned on August 16, every social worker will have to wait till the time the home becomes operational.

It was opened for a day only to facilitate the inaugural ceremony which was graced by the UT Administrator. After the event, it was closed for further planning. Recruitments are yet to take place. As for Childline volunteers, they knew nothing of the status of the home till the time they visited it on the night of August 16.

The experience was harrowing.


PepsiCo, Inc. to Receive 2006 Keep America Beautiful Vision for ...

(CSRwire) STAMFORD, Conn. - Keep America Beautiful, Inc., the nation's largest nonprofit community improvement organization, has chosen PepsiCo, Inc. as its 2006 Vision for America Award honoree. Keep America Beautiful recognizes and honors PepsiCo for the corporation's leadership role in preserving the environment through many diverse conservation and educational efforts. .


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