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Show world market. creases in state tax collections, which is the best barometer we have for determining how well the economy is performing. For the upcoming year, we anticipate increases in state tax collections of 14 to 15 percent. weakness. Employment on These measures of economic health are all predicated on the assumption level will not see any significant gains in Utah. industries that in 1978 are agriculture and federal Now the calculator with the coffee break key. Sharp's innovative key isn't marked Coffee Break. It's marked "MU" for Multiple Use. And it saves you time for other important work. Or for an extra cup of coffee. Because instead of using up to six keys, you can now do taxes, discounts. mark-uppcivcnt changes, and simplified percent pmration on just one MU" key. Also save time learning how to use the (takes about 5 min s. CS-216- 7 utes). And reduce the chances of error. You'll also save time other ways. 7 The prints dates, social security numbers, and other computerlike information. Includes a definable add mode CS-216- for addsubtract and multiplication invoicing. And a memory same features except memory). Stretch your coffee break. Ask us (CS-2()- c about the time-savin- g Sharp ployment. SOUTH STATE CALL 521-478- 6 em- Agriculture cereal grains showing the federal government We expect continued growth in manufacturing employment. A large number of firms arc looking either at expanding or locating plants here. 1978 could very easily be a banner year for the location of new plants. 1978 will sec very critical decisions made regarding the states energy resources. We should get a clear picture of the magnitude of our oil and gas e potential in the great that the national economy will have growth of 5 percent in real terms and inflation will not exceed 2 Interest rates percent. should remain fairly stable throughout the year. We are assuming there will be a fairly steady policy at the Federal Reserve despite the transition from Arthur Burns to Bill Miller as chairman of the Feds Board of Governors. Two of Utahs industries will require careful observation: the steel industry and copper industry. Both are depressed because of serious softness in demand and prices on the Ovcr-thrus- Belt. Also, firm dicisions will be forthcoming about the location go-ahe- ad for the Intermountain Power Project. CS-216- m 444 issuance of 19,000-20,00- 0 building permits and in government should experience modest declines, with livestock and 6-1- Thayne Robson Director, Bureau of Economic and Business Research 1978 looks like another strong year in in the Utah economy. We are looking at growth in net terms of between 20,000 and 22,000 new jobs. We also see the Two other will be weak S 5 Jd SHARP ESI Utah unemployment holding steady Unemployment in Utah remained unchanged from November at 5.1 percent last month. Job Service said the number of employed workers in the state during December came to 529,300, compared to 529,400 workers employed in November. Despite the small up 3.8 percent over last total. years In its monthly newsletter, Job Service said preliminary month-to-mont- evidence indicates 1977 was one of Utahs best years for In Dececonomic growth. ember 1976, the unemployment rate stood at 6.2 percent. It currently stands at 5.1 h decrease, the December figure represents a significant increase over December 1976. According to Job Service figures, total employment in December 1977 was Offices under construction WMyots held, please? I W.A. Francis Construction Co. has begun work on a $400,000 three-stor- y office 254 W. 400 So. building at Todd-RathDesigned by I lease its 20,250 square feet. financed by Bonneville Mortgage, with interim financing provided by Zions First National Bank. The development will include 48 parking spaces at the building's rear. Completion is slated for June. wras er Associates, the precast concrete and steel structure will be owned by attorney Harold N. Wilkcnson, who expects to Glenmore Village Country Club 0a Instead of holding on to escalating equipment prices and inflexibility switch. To phone equipment from Business Communication Systems, Utahs largest private telephone equipment company. BCS offers equipment flexibility that no one else can duplicate with substantial savings over Bell systems. You get growth, dependability and savings. Join the hundreds of Utah companies, professional firms and institutions that have made the switch to lower cost BCS supplied phone systems. Wed be happy to show you the aetails. Business Communications Systems . 487-474- 1 Utah s largest private telephone equipment company Just seven minutes from the freeway. A view of the mountains plus equestrian facilities. In the Parade of Homes for the past two years. Tennis, club house and swimming pool. MM? Marketing And Construction 4209 So. Redwood Road Salt Lake City, Utah 84120 Phone It 968-353- 5 |