Economic rebound to linger in 87
Washington AP reports analysts expect modest 1987 growth with unemployment easing slightly while rates fall further. Inflation may rise before oil price declines end, and tax reform could dampen early 1987 demand. A rebound is seen in Q2 aided by trade, Fed action, and a smaller deficit.
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Tax Change Good For Salvation Army Donations Rise
In Wichita Kansas donations to the Salvation Army surge as year end approaches. Major John Kimmons notes vehicles top contributions with three cars and a home donated and a boat pledge possible. He cites a 30 to 95 percent jump in clothing pickup calls and expects trucks to be tied up for days while the new tax law limits charitable deductions.
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Wichita
Kan
Salvation Army
John Kimmons
Kimmons
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