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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jan 09, 1973
Page
4
The 1972 year ended with the Dow above 1000 and solid gains in the economy. Analysts forecast a continued uptrend in 1973 with projections of higher GNP, personal income, and after tax corporate profits though growth may decelerate toward a 1974 average.
J H Lasky Sears general manager for Arizona says expansion west and large-scale plans meet the needs of a growing company. He notes more people employed nationwide than a year ago and strong consumer optimism reflected in third quarter 1972 sales gains across general merchandise. Sears now employs 366000, ranking as the nation’s fourth largest private employer with assets around 8.3 billion.
Co sponsored by the U S Small Business Administration the classes meet weekly or biweekly for eight to sixteen weeks. Registration deadline is Wednesday. Dr Wilfred Waldron associate dean for community affairs leads the program.
The Arizona Society of Certified Public Accountants explains that some income is taxable while other types are excluded from adjusted gross income. Included items: tips bonuses commissions incentives dividends interest sick pay retirement booty not taxed. exclusions include foreign earned income up to 20000, Social Security benefits, employer provided food lodging, unemployment benefits, certain strike and casualty benefits, and certain capital gains rules.
The Arizona Employment Security Commission reports total nonagricultural wage and salary employment rose to 760 800 by mid November, up 7 900 from October. In Phoenix, employment reached 443 000, boosted by seasonal factors and led by trade services construction and manufacturing sectors.
Dr D Gerald Searfoss of Arizona State University will conduct a ten week managerial and cost accounting seminar from January 23 to April 3 at the ASU Center for Executive Development. The course targets those with no recent formal training, meets ten Tuesdays 6 30 to 9 p m in the College of Business Administration building, cost 85 dollars including instruction materials and text.
Arizona Volunteer Engineers Scientists Technicians hosts an open house this week at 207 East McDowell Road Phoenix to mark one year. The Phoenix area group consists of unemployed technical professionals who network to find employment opportunities.
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