Economic Recovery Outlook for Third Quarter 1972
Babson's Reports anticipates a solid third quarter with continued economic recovery. GNP should rise near 10 percent above 1971, real GNP growth around five percent, and industrial output climbing back to pre-recession levels. Employment grows slowly, while consumer spending and capital investment remain strong, though inflation, unemployment, and debt pose persistent risks. Housing stays robust though a slowdown may appear, and auto and durable goods gain amid rising payrolls and longer workweeks.
MENTIONED IN THIS ARTICLE
Batson
Reports Inc
Monet
Bays
Dullet
Lintein
Irescarch Department of Babson's Reports
Commerce Department
Tax relief offered for storm casualty losses now available
The IRS expands casualty loss rules to winter storm damage in designated disaster areas. Taxpayers who suffered floods or storms Feb through June 1972 can amend their returns to deduct losses and seek refunds. Extensions may grant two to three additional months. gather photographs and records to substantiate claims, and consult local emergency offices for eligibility.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Office of Emergency Preparedness
I.R.S
Don Slemer
New York
LTS
Paol Mills
American Institute of Certified Public Accountants
Belore
ALCPA
Newspaper Enterprise Assn
Growth Variations in Nation's Money Stock 1971
Analysis by Del D. Rea in the Kansas City Federal Reserve review notes wide variation in 1971 money stock growth. Narrow money grew 6.1 percent. first half 0.7 percent, second half 2 to 4 percent. M2 rose 10 to 4 percent after 24.9 percent in the first half and 6.2 percent in the second. Part of Ml and ABZ rise linked to year end actions.
MENTIONED IN THIS ARTICLE
Iwi
del D. Rea
Federal’ Reserve Bank
Kansas City
Roth
Federal Reserve
Borrawad
Moorman executive promotes Dean Schack to district sales manager
Dean Schack has been elevated from feed sales to district sales manager for Moorman Manufacturing Co in Quincy. He will supervise product distribution in parts of Platte Nance and Boone Counties and lead a sales force, while Mrs Schack and their four children remain in St Edward. Schack is a nine year veteran and son of Edward and Mrs Schack.
MENTIONED IN THIS ARTICLE
Dean Schack
Moorman Manufacturing Company
Quincy
Platte, Nance
Boone Counties
Handy
Schack
St. Edward
Dean
Edward Schack
Edward Schack of That City
St. Edward High School
The
Moorman Company
Jerry Ball
Columbus
Assembly Department
Gardner-Denver Company
Columbus High School
Navy
Jerry
Diane States
David
Robert States
Transfers and appraisals reshape Butler County abstract firm
Attorney Ray Sabata transfers his abstract business in Butler County to Ray Rindr of David City forming Butler County Abstract Company located in Sabata’s law office. New secretary Mrs Matlin Lew joins. Mrs Ring joins Nebraska board as registered abstractor with license issued after exam. Lettuce storage breakthrough by Texas State University and U.S. Army promises up to two months’ freshness via refrigerated container with altered gas mix.
MENTIONED IN THIS ARTICLE
David City
Ray &. Sabata
Butler County
Airs
Ray Rina
Butler County Abstract Company
Sabata
Riha
Sohal
Matlin Lew
Ring
Mpstractors Board of Examiners
Nebraska
Myer
Tiha
Cuviniy
Daugiter
Ate
Joseph Samek
Abivazul
St. Mary High Sehnol
Napugyel Business Institute
Way Linculn
Tish State University
U.S. Army
Neighborhood Youth Corps active in area
The Neighborhood Youth Corps NYC, a work training program under the Economic Opportunity Act, operates in Nebraska including this area. Administered by the Department of Labor, NYC provides jobs and income for low income youths, emphasizes staying in school, and funds services in health, education, welfare, and recreation. Since 1966 over a million dollars has been contracted for about 600 youths locally, with programs in urban and rural sites and a coordinator based in Davi City and Grand Island.
MENTIONED IN THIS ARTICLE
Weghborhood Yatty Corps
Nyc
Nebraska
Department of Labor
Seongmut
Eightathon
Citadit
Hincoln Ani Grand Island
Ob Wanes Davyson
Paul Button
Fedteral
Acely Nebraska
Columbus
David City
Wayne Arnold
Davi City
Larry Burieh
Grand Island
Odd buyer behavior at industrial exposition surprise buyers
A New York AP survey finds industrial purchasers note unusual seller caution and price quoting reluctance. Agents report many suppliers avoid bids to preserve profitability, with Phase II controls cited. Buyers blame deliberate prices signaling, while some fear recording quotes with officials.
MENTIONED IN THIS ARTICLE
New York
Periodic checks urged for Social Security accounts
Periodic checks are advised on Social Security as errors in a vast system of 200 million records can go undetected for years and affect future benefits. The Nebraska Society of CPAs cites reasons to verify accounts every three years, noting tax changes and child trust fund practices that influence reporting and future liabilities.
MENTIONED IN THIS ARTICLE
Nebraska Society of Certified Professional Accountants
Social Security Administration
United States
Hhey
Tera Revenue Service
TRS
Dudy
Also Mentioned on This Page
Columbus, Nebraska
Dennis Houska
Landgren Studio
Bee
Winana Lake
Ind
Winona
John F. Lehr
Lehr Petrofeum Co
Fheales Rubber Co
Denver
Colu
Gales
Esigiadl
Clifford M. Eagle
Ford
Omata
Lincoln
Rhonda Thompson
Nancy Reichmith
ALEHC
Beant Susan
Heals Serminal
Norfolk
Walter E. Bartsch
FIC
Association For Butkerans
AAL
Presidents Club
Bartsch
Aid Association For Lutherans
Appleton
Wis
Canada
Dodge
U.S
William Froman
Edwin Lawson
Gena
Tame
Walter
Ail
Trinidad
Haythivon Ga
Alliss Chalmers
Neighborhood Youth Corps
Business Mirror
Purchasing World" Magazine
Tarminder
Gail Rock O'Connor
O'Connor
Lim
Price Commission
Tamdin
Washington Controls
Hhe
Larry Grubaugh
Columius
Model Woodven of
America
Ile
28Th Avenue
Modern Woodmen OF America
Ome
Rock Island
Illinois
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