Economist says recovery is sustainable
By LARRY RINGLER Tribune Chronicle CANFIELD — The jobs picture might not show it, but the nation’s budding economic recovery will get stronger next year, fueled by the need to replenish business inventories and demand for houses and vehicles, an economist said Thursday. But Ken Mayland, president of Clear View Economics LLC in the Cleveland suburb of Independence, said the economy faces challenges from inflation that could lead to higher interest rates to avoid loss of confidence in the U.S. dollar, along with higher taxes, all of which could lead to a double-dip recession. Mayland told listeners at KeyBank’s annual Economic Outlook Breakfast at Tippecanoe Country Club that key signs of a recovery for him include lower weekly initial jobless claims, which fell to a revised 505,000 a week ago for the second straight week. The claims are down 22 percent from the peak in spring.
» Full StoryCovelli honored for entrepreneurship
By LARRY RINGLER Tribune Chronicle
WARREN — Enjoying what you do and working hard at it are two keys to success, a local entrepreneur said Thursday in talking about recognition he received during a banquet featuring former Speaker of th...
Company consolidates in Vienna
VIENNA — A recent purchase of an old Delphi office building on International Boulevard is part of a two-pronged process by a pallet company that is expanding and consolidating.
Millwood Inc.
Chamber identifies possible Chinese business interest
YOUNGSTOWN — Regional Chamber officials said today they identified ‘‘four legitimate business opportunities’’ during their two-week visit to China and Taiwan, including one company that’s ‘‘very interested in opening a sales office...
Cruze’s U.S. debut set for L.A.
LORDSTOWN — The Lordstown-built Chevrolet Cruze upscale small car is scheduled to make its U.S. public debut at the Los Angeles Auto Show on Dec. 2, Chevrolet announced Tuesda.
» Full StoryArea home sales show signs of stabilizing
House sales in Trumbull County inched up in October from the prior month, with the median price continuing to show signs of stabilizing.
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