Show e with lith plans I 1 JU I Banking Survey Points Out I Hesitancy and sideways movement of ot Utah's economy has been replaced by a generally genera gener ally improved outlook The states state's steel production by late March had moved up to 80 per cent of rated tion The copper picture is bright and the construction outlook is excellent Utah's personal income for first quarter was approximately approximately 30 million above that for the same period In 1962 This is the summary of first Security flanks Banks Newsletter News Newsletter letter tetter contents were released letter contents of which were released on Monday by Glen M. M Carlson manager First Security Bank nank Moab The Newsletter is prepared ed by t Nelson First Security Se Sea Vice president and ec First Security reports that personal income in Utah during during dur duro ing first three months totaled approximately million Outlook for the second sec ond end quarter is for some further fur furr ther increase somewhat more than seasonal the Newsletter ter reports The Newsletter says that anticipated cash from farming in Utah in 1963 are considerably lower than the total of of million reported for lor 1962 1002 Somewhat lower prices for tor livestock than prevailed pre last year tear are indicated ed the bank observes brought Drought conditions affecting I ranges and also irrigation water were relieved only in part by late tate March storms Department store sales sates in major maior Utah cities continue well above 1962 levels and new car and household appU ance sales are well ahead of at j pace ace Total nonagricultural employment employment employment em em- by March at In Utah was 44 per percent percent er cent above figures a year ear tier lien Increases were in all aU segments seg ments except mining Utah employment ratios for the first three months of 01 this year tear have been and are among the lowest in the nation First Security reports |