| Show Utah Economy Rankers Say Hesitancy and sideways movement of Utah's economy has been replaced by a gen gen gen- orally Improved outlook The states state's steel production by late March had moved up to ao percent of rated capacity c The copper picture is bright and the construction outlook Is excellent Utah's personal income for first quarter was ap ap- ap approximately proximately 30 million above that for the same per per- lod iod in 1962 THIS IS THE summary of First Security Banks Bank's News New ietter etter contents of which were I released on Monday by lIar liar- lold old R Sargent vice president I and manager First Security Bank Vernal The Newsletter is prepared ed by ElRoy Nelson First Security vice president and economist FIRST SECURITY reports that personal income in Utah during first three mono men totaled approximately million Outlook for forthe forthe the second quarter is for rome further increase somewhat what more than seasonal the Newsletter reports The Newsletter S l says s 's that anticipated cash receipts from farming in Utah in 1963 are considerably lower than the total of million reported for 1962 Somewhat lower prices for livestock than pro pre last year are indicated ed the bank observes Drought conditions affecting ranges and also alro irrigation water were relieved only in part by the late March 1 storms DEPARTMENT store sales in major Utah cities continue well above 1962 levels and new car and household anee ance sales are well ahead of pace Total nonagricultural em- em employment by mid Match at in utah was war 44 per per- percent cent above figures a year earlier Increases were in all segments ex except pt mining |
