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Show 14 STANDARD Independent business ten not optimistic on economic outlook NOVFMBER 7, 1974 & Nik1'1 vv jo-- - business future over Optimism conditions among independent business operators hit a new low in September ,v'1 according to the continuous survey of the National Federation of Independent Business. Only 20.7 per cent report they look for improved business conditions as compared to the 29 per cent who held that view at the end of the second quarter of the year. In addition, 67.1 per cent anticipate conditions will either remain the same or worsen as compared to 51 per cent who Sales Representative held this view at the end of the previous Maxine Kenison quarter. The balance say they are uncertain about the future. Res: 848-251- 2 A dropping dollar volume is also Bus: 738-251- 2 reported by the sample of 12,560 respondents in the September NFIB survey despite inflated prices. Also there SAVE MONEY ON is a drop shown in the profit picture. At the end of the second quarter of the ALL INSURANCE year 42 per cent reported churning more Auto Life Fir dollars in volume, but by the end of the Truck Butinas third quarter, despite the steadily increasing rate of inflation, only 30.1 per cent report a higher volume. From the profit standpoint, in September 24.3 per cent reported a POSTER WINNER-Du- ane Vasten was named the winner of the voter higher net profit resulting from inflated ...AGENT volume as compared to 26.1 per cent at ...COMPANY registration poster contest in Duchesne last week. The flag was given the end of the last quarter. by Niles Earl, representing Kohls, donor of the flag. ...MONTHLY The gloom over future business PAYMENT conditions casts its longest shadow in the if you with New England states where 43.3 per cent say they anticipate an even worse KENISON INSURANCE business climate. Close behind the Yankees ar the independent business States where people in the 42.6 per cent expect worsening conditions. The least pessimistic area appears to be the west north central states where BROUGHT TO YOU BY JAY GATES Council of Urban Indian only 29.8 per cent report they expect The I'niti-in Affairs in Sail Lake City, has been conditions to worsen. Paradoxically, much do show not this Here are some oddities about locations of cities that are region they designated as prime sponsor to receive optimism for the future, either, with only hard to believe-b- ut they are all true. $15:1,797 under Title III of the CompreDid you know that Washington. D. C. is closer to Moscow, hensive Employment and Training Act 18.9 per cent expecting conditions to improve as compared to the national Russia than it is to Buenos Aires, Argentina. (CKTA). Cal. Rena, Nevada is farther west than Los Angeles, This brings Utah's funding for Indian average of 20.9 per cent who take the viewpoint. In the industrializJuneau, Alaska is farther south than Oslo, Norway. programs under CKTA Title III to over optimistic ed east north central states, 32.4 per cent London, England is farther north than Portland, Maine. $250,000. conditions to worsen, and again Pensacola, Florida is farther west than Detroit, Michigan. AiTunliiig in (he announcement by expect France. 18.1 per cent who expect conditions to than the Paris, Montreal, Canada is farther south of Labor Peter J, Brennan, Secretary Rio De Janerio, Brazil is closer to Africa than it is to ther are now 108 Indian prime sponsors improve is below the national average Mexico nationwide ami they have received And, Richmond, Virginia is farther north than some parts tenlativ e allocations of $34,478,863. of Illinois! Title III of CKTA provides for the of manpower establishment training G. & L. CHEVROLET-BUIC- K programs and other services to alleviate the serious unemployment and economic disadvantages that exist among members tor more information on this new of Indian ami Alaskan native communi-- t funding, contact Henry Little Elk Wells, "SERVICE YOU CAN TRUST QUALITY YOU CAN DEPEND ON!" ies. Executive Director, United Council of In an earlier funding, the Ute Indian Urban Indian Affairs, 120 W. 1200 S., Salt 1 Phene (Jay Gates) Roosevelt, Utah Tribe. Uintah and Ouray Reservation, at Lake City. Utah 84101. Fort Duchesne received $89,867 for a Tit le 1 II CKTA Indian program. Group named as sponsor for Utah Indians INTERESTING FACTS Mid-Atlant- shown on the NFIB survey. Perhaps the most significant figures showing up are in the southern and western areas which have for some time been riding the crest of a rapid economic development. In the Mountain States 38.3 per cent of the independent business people expect conditions to become worse, and in the Pacific States 34.3 per cent hold this view. In the long booming South Atlantic States 36.3 per cent predict a worsening economy and even in the west central states which includes Texas where optimism is a way of life, 36.7 per cent predict further business declines. This is the first strong note of pessimism registered out of this area in the history of surveys by the National Federation of Independent Business. Broken down by major vocations, in all categories, pessimism outweighs those with expectations of a brighter future. As to perhaps be expected, 43.9 per cent of those engaged in construction look for a worsening business climate, closely followed by independent transportation firms where 39.5 per cent expect further declines and in farm oriented enterprises where 39.4 per cent hold the same view. are the most The optimistic independent financial firms where only 29 per cent expect any worsening condition, and among professional enterprises where a further decline is expected by 32.1 per cent. There is a paradox showing up when the distributive trades and the service trades are compared. The data shows 34.5 per cent of the retailers looking for a lower business volume and 33.4 per cent of the wholesalers holding the same view. This is undoubtedly due to the feeling that the consumer is starting to show ia lower buyer resistence which results sales of new goods. But it Is usually assumed when this happens, consumers tend to spend more for repairs oi other clothing, autos, applicances, and make-do- " items as the result of a psychology. Yet, the independent firms engaged in service do not seem to feel that this trend will result in any bonanza for them, as 34 businesf per cent express the view conditions for them will worsen, too. it is not If people are making-do- " NFIB u on the surveys, showing up among the independent service fir mi only 26.8 per cent report a higher dollai volume while 27.2 per cent report a lowei dollar volume than six months ago. Corbet Trailer Sales it the oldest established dealer In Utah Mobile Homes Fleetwood Carriage House Travel Trailer Ideal Road Runner All sizas, Set op. Top-rate- d, Financing. 1 562 N. State Orem, Utah 225-080- 7 KEITH E. 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