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Show Page fourteen The National Enterprise. April 6, 1977 Economists predict healthy outlook for homebuilding Continued from page one tion period, Wood stated. In the $45,000 and above price range, seven of ten homes would sell during the construction phase. - In both examples, the remaining homes would be sold in three to six months, the economist said. Wood noted in the last ten years, 1973 and 1974 were the only years in which residential construction did not experience a gain. This is especially impressive when you consider the national housing recession registered record lows for a five year period, Wood said. permits issued. Growth trends can be expected to continue, too, Frank C. Hachman, UBER economist, told the home builders. increases Population combined with an increase in net migration will provide impetus to the present growth pattern, Hachman said. Hachman noted per capita income in Utah is also on the incline. In 1969 Utah was 20 percent below the national average in per capita income. In 1976 that figure had decreased to 16 percent. attribute the narrowing margins to a changing industrial mix in the economy. The industrial mix is changing because Utah is becoming more attractive to industry because of lowrer labor costs, central location and relatively few union problems, Hachman said. NO RECOVERY NO CHARGE I Over all, Utahs home-buildin- That's our policy. We've been auditing the freight bills of many national and regional companies for overcharges since 1968. Our professional staff has over 110 cumulative g industry is robust and strong and the trend will continue. Utah's greatest is its ability to challenge continue to provide the same quality of life that is bringing people to the area and motivate them to stay, the economist concluded. traffic audit systems 2480 So. Main. Salt Lake City, Ut. 84115.(801) Vacancy Rates Low LAMPLIGHTER Vacancy rates in multifamily dwellings are also well below national averages. According to Wood, the vacancy rate for 1976 was 2.1 percent, compared with 4.1 in 1975; 3.9 in 1974 and 3.8 in 1973. lowest rate was experienced in 1971 with 1.3 The 1972 recorded the percent. highest number of multifamily permits issued on Wood record with 5,371, He added single noted. family building for the state recorded an all time high in 1976 with an increase of .36 percent or a total of 13,546 Furniture designer visits Salt Lake AND WE USHER IT IN WITH A FREE FLORAL ARRANGEMENT FROM Salt Lake Desk is augmenting its product line, and to publicize that fact last week featured a furniture designer at an open house for Salt Lake businesses. Jens Risom, designer for Domore Office Furniture, Inc., has created a group of desks called R & D Office Group. The desks accent a vinyl material, supported by what Risom refers to strong vertical lines made of JootM Jfc WITH EACH EXQUISITE OIL PAINTING PURCHASED DURING APRIL , wood. Vinyl is practical. It is attractive, has texture, offers color variety, is tough, easy to clean and easy to replace. And it deadens sound, Risom said, explaining his choice of the material. Designing desks in the medium price range, Risom said his furniture features extra details. Im interested in the psychology of office plannRisom continued. ing, Its a process of image building. The modern office wants to convey a feeling of efficiency, quality, color. The furnishings are an important part of the years of experience. OPEN 10A.M. TILL 7 P.M. Plenty of Free Parking 466-222- 3 |