Orange County NC Website
MONDAY "•FEBRUARY.$.:-tO�:.. <br />Hints of Spring <br />Signs of a Recovery. <br />Are Starting to- Appear <br />In the U.S. Economy <br />HotlSiniz Sales Are Climbing <br />In Many Areas, Holstering <br />Furniture and Appliances <br />But the'Sds Aren't Returning <br />By Ct AW ArMEMY and Jne C4tsorc <br />Stuff i1,1WnV, of 11" WA"arescr jDV1%WAL <br />Signs of recovery are in the air. <br />on Beth Egan-3 suburban- Pittsburgh <br />street, three out of the four houses that <br />been on the market since 0* * r 02 <br />ing hers) were old last moth. In Phoenix. <br />Ariz.: America West Airlim aays lea WaY- <br />ness traveler is skyward aPin-. b W h <br />land. Mam. January fence Sys- <br />tem a sradOM maker a bidder. <br />terns for. dogs, straws in the wind+ of <br />mere are oI� <br />course. and the omew stags aim red- <br />ate <br />goiseasn�ipaivt►► <br />limos, anecdotal evidence suggests that K <br />has p1CW up $OM a few months ago. <br />Lower Mortgoge Elates ,. <br />what gives? tatere rats <br />thing. iAwer monrAP b 'g <br />lilt bome sales, tradbm u the e ar !mm <br />,or sector of the economy re <br />a recession. That, in Zara. is begineitsg to <br />fuel sales of furniture W vMIR' <br />cleaners, and 4*,11W w2lMrs on coil• <br />Sumer- durable goads sakes pir]t up W" or <br />tour months after housing � : <br />And in the recent "Bier <br />patgn, "buy" ties becW* the Weradre <br />word. compared with .4savel. last ar. <br />vic dutb►•. <br />a ci <br />Patrick Zatriek. of St. Lea i% ditched <br />his 1989 foreign car last week and, prodded <br />IV t;uM CA Ford's 2.9% pnaIwing, bought <br />a IM Ford Escort. "I felt 94* enough to <br />try MY first American Car.,' lie imp• <br />others are baybeg simply become they <br />are oral of sWiftdng• Pat Croseck• of <br />dtoaaca and Ohio, broke tekvid�an sett and <br />bought a CaaOr TV with reMW mtrois- <br />,I've been thinning about- that Tv for A <br />year sad [lastly said. Hey, I deserve some <br />award for MY totem hours, " she 3W* <br />z <br />del <br />ca <br />sti <br />rei <br />ba <br />iK <br />tie E13 ROe m " : <br />it Wt that people teel ebumect- Klan <br />x, <br />high joblessness and 1W consuMei <br />'the economy #Om <br />itldence are keeM <br />.OW Strengths � recovery' And a re- <br />und might be as sPM as the me <br />rover, the Got m*rce Department <br />rted Friday bast its indent OtWAdW ipol <br />Lora, which fetid to We ^c' eb"M <br />fell in December for the <br />• <br />; VgMPort van go UW= run- <br />ahead at a Year ago ka MAY 1111 <br />VW aat the to <br />re p aales i� ana <br />gashowever, that Jauuarl►'s <br />gains are being compared amt the weak <br />ag" or dstvmtU719e1 ov the rn C� <br />were stagnated �. sever, see the re- <br />VW. The anatysfs <br />ti <br />� mouth I a TOR. Even Optimistic <br />.,0oMlsrs don't ex� worry thatexaer� <br />a. this Year. and <br />:ut surge in loog-*m interre� very <br />light shoot dawn a Aed$>t� <br />,'were not Fabian Under. au <br />t tMhe' t recce god. a business-re- <br />earch orYantsation in New York. AM <br />nakers are cutting first1uartEr <br />far Pthelr <br />ton after early -J&' <br />owest level afro 19S'L• ...• . <br />Meanwhile, Rhmsda Manoed, of <br />is i9 stgi buyws off-brand <br />ter, and AnthorcY Tom, a r, <br />K Y., resident paying off i8'1 LIDO ln. cone <br />doesn't see a~yCR or. m` <br />Io ns, ans, itu y.�4wq ;s a� <br />b4 neamerm as tit JBacut .. BoYaadl . <br />The'two lauds over- <br />Of corporate AmerM.a. Hof Re /blaiC_3�1'� <br />nal� mie�tla�'s�9- <br />� residesrtlal baroketa6e'lirni: -» - =" <br />R.easM for o>?amia� <br />Kevertbeiess. "asecdaW evidence MW <br />be telling us sotneaing which the numbers <br />Sys bare yet to c:onft�,'Ke11ahBanit in <br />L after *M °' <br />tive quarters of firth —not re2HY strong <br />growth but poAttve movarmMt_ re <br />techntcaily in a recOWY pbaae <br />Iien MayWmd, the chief eWpmntst at <br />Society Corp. In � CJM �owompa ` bushM of the 62Z <br />ticipating in a recast* aurveY eft bust. <br />cress to )reprove to the next four mot&& <br />reams for °las the <br />marlret bit record" highs t <br />any bas grvvrn in the past three quar- <br />tern an4 atthcwgh sales of new ho!'W 1611 <br />in December. sales of existing how have <br />pig up. <br />Mr. W►YlaM adds that heis'm the <br />cet'ned about the Decembe <br />Leading WiWors. which. he notes. have <br />•_waffled" la meat m mtha. He b8MVes <br />"a recovery is enming In the spring." <br />Moreover. the dWPOInting newts about <br />new -homse sales and the leading indtcalors <br />doesn't take into account mare bopetul <br />sends last month. The housing markets <br />Sped up wmWrablY in January, a WO' <br />cauy aluggigh month for sales, and shout <br />signs of contim09 a healthy mvmeurum <br />se <br />Into the p"a �g buying ssosr• <br />