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Rico Komssi sait improved consumer Ron fluence i Crucia u an economic recover re can St consumer spending a Rouni How Onira o the nations total economic Aen trs the conference Board which has been tracking consumer Confidence since 1969, noted the latest Rise pushed the Index to its highest level since a 79.4 percent Reading in april. Forecasters were expecting the Index to Rise to 72.5 percent from its revised november Reading of 65.6 percent. The Index originally was reported As 65.5 for november. A this report shows us that the november Rise in Confidence was More than a Flash in the pan a said Cynthia Latta economist at Dri Mcgraw Hill in Boston. A people turned optimistic because of m1j Ian it a -91 a r Irreg cd 3 Viviav c. .2. 2_�?o. Tie a duo Ian , Icisie 4ssocuiic�?T.i. -c2 n irrr.5 irn Cees i iia . Aia Nore . 10 i eci i be r. To secs it oi5v tie or Ai i a Lei 13xjl& new i i 2. "i1us he ra2 Onai in void to it Iii a text s. N-atr., 4 a. .4 of re Clit . A a gloomy year Lucia Apo Aust Tain u Snow Awai the gloom hanging Over the Tokyo Stock Exchange a t Situa by i year the traders would like to forget. The 225-Issue nikkei Stock aver Aig Cosec a 1 c924.95 Points wednesday Down 6,058.82 Points or 26 percent from to i a of miss of 22.983.7. Wednesday a was a replay of the whole year that suffered Iran t Vutci of Rea said Takashi Tsuyu a technical analyst with Tamaichi a dec True humvee builders escape Fine null ski Vinc. A a i4uera Luttig. A Rupiec Tiia am Genera Lua tilt no violate Tut clean a pc Wei l increased production o tit Stu mine a Iuar it transport Van i u 198c tit Ris mme x. Dec Cuteri Sieb but. .2 tidier. Win Mcnamec n the Rumic r div Quai version tin list to Vea 7it re Linig n .1 District judge wooer _ Mihr prevent Tut inv roars tenia Rote uni Tronn it Xiii Genera Tiu company s Ai Cutey sail 7 Nuesca Genera lace Poss Tut Fine of 32 a i a 04 Tinct Fet 1 i9bd the Day Epa officials alleged that the company began violating its permit for emissions of volatile organic chemicals. The a voc so Are a class of chemicals used in paints that can contribute to Ozone pollution. Am general received a state permit to increase its voc emissions in St. Joseph county in 1986 so it could Buila More hummers. The Epa said the permit was invalid because it did not require the company to prove it was installing pollution controls that would let it achieve the clean air acts lowest emission rate Clinton a focus on the Domestic in its latest Survey the Board said Consumers were moderately More positive in their assessment of prevailing conditions and markedly More optimistic in their expectations for the coming six months. A the most encouraging thing about this report is Consumers expectations for the future which hit their highest Levels since october 1989,�?� said Brian Jones economist at Salomon Brothers inc. A people Are expecting the Economy to turn but Latta said the Confidence report needs to be supported by a huge improvement in employment. . Official berates Japan on Chip sales Washington a Japan must do More to increase purchases of semiconductors from . And other foreign companies . Trade representative Carla a. Hills said tuesday. A a Japan a efforts simply must be intensified if we Are to Avert a serious confrontation on this Issue a she said. The United states and Japan said the foreign share of the japanese semiconductor Market was at 15.9 percent in the july september Quarter up from 14.3 percent a year ago but Down slightly from 16 percent in the previous Quarter. Foreign Access to the japanese Market for semiconductors the wafer thin Silicon chips that Are the brains of computers and other High tech equipment is one of the most contentious issues in .-japanese relations. Under an agreement reached in june with the United states Japan accepted the goal of having 20 percent of its Market served by foreign Chip manufacturers by years end. Most foreign semiconductors in Japan Are made by . Companies. Figures for the fourth Quarter Are due in March. The . Semiconductor Industry has viewed the 20 percent figure As a commitment from Japan but japanese officials consider it a goal. They have said that Japan is working hard to open its Market and that . Companies must do More to sell products that japanese users need. Christmas sales reported up 70% new York a the Christmas shopping season appears to have been the Best in years for Many stores. Johnson rebook service which tracked sales said tuesday that business from nov. 29 through dec. 26 was up 10.4 percent from last year. After this weeks results Are included Johnson rebook said sales for the Holiday period should end up Between 8 percent and 9 percent Over last year. Johnson rebook had reported sales through the first three weeks of december were Down 4.3 percent which Means there was a crush of buying in the last week before Christmas. Stores generally reported their business was much improved this Christmas after three disappointing Holiday seasons
