Upswing Predicted for Economy Next Year
A panel of business forecasters predicts a national economic upswing in the coming year led by stronger consumer demand and corporate profits. Unemployment is seen easing to about 7.5 percent, inflation near 7 percent, and agriculture poised for gains in foreign grain sales and meat demand. Auto and truck sales rise, machinery and tire shipments grow, and appliance sales improve as the outlook improves.
MENTIONED IN THIS ARTICLE
DES Moines
Central Lawn
Iowa Des Moines National Bank
Warren W. Lebeck
Chicago Board of Trade
Lebeck
U.S
Auto makers report December sales surge in early period
Detroit based General Motors posts a 63.3 percent year over year rise for December 1 to 10 with 121 746 cars sold. Ford up 18.7 percent at 55 262. American Motors up 60 percent from last year's low. Analysts expect industry daily rate near 2 100, 22 percent below November.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Ford Motor Co
Ford
American Motors Corp
Ford to raise car prices next month in 2.2 percent hike
Ford Motor Co will raise the base price of its cars by an average 2.2 percent or 97 dollars next month, with optional equipment prices up 1.6 percent and light trucks up 2.8 percent. The increases, effective on models built or sold after Jan 5, aim to cover higher labor and material costs including safety equipment.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
Drake University uses coupons to lure alumni back
Drake University in Des Moines seeks its 37 000 alumni to return via coupon booklets mailed Monday. The free passes cover Drake Theatre productions, a $1 basketball ticket in January, a campus film pass, candy from the gift shop, and a free Jazz Spectacular ticket on Feb 13-14. Dorff says the program rewards participation and reconnects alumni with campus activity.
MENTIONED IN THIS ARTICLE
DES Moines
Drake University
Nancy Dorff
Drake Theatre
Drake
Dorff
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Uns
Maple River
Ees Ham Ams Ss
Patrick Cudahy
Costello
Suver Valu
Yeap
Oscar Mayer
Bud’s
Durcise
Washington
Sunkist
Zipper
Florida
Louisiana
Sibi
Coss
Duncan Hines
ELF Brane Dairy Creamer
ELF
Kellogg's Croutettes
Super Valu
Nestle
Old Milwaukee
Pottie BO
Bupen Belo
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