University Daily Kansan / Tuesday, August 30, 1988
9
State economy shows progress
KU economists predict drop in unemployment rate in 1988
By Laura Woodward Kansan staff writer
Kansan staff writer
University of Kansas economic
state's economy will continue to show strong growth through the rest of 1888 but will slow down in the first half of 1989.
The report, issued by the University of Texas at Austin, on Policy and Business Research, indicated that Kansas' economy is still recovering from the recent regional economic downturn.
"My impression is that Kansas is a steady state," said Mohamed El Hodri, professor of economics and the institute. "When it grows, it doesn't grow very fast and when slows down, it doesn't slow down very fast. Kansas is just coming out of expansion faster than other farm states."
The report predicts that the unemployment rate will drop to 4.7 percent year from 4.9 percent in 1887, as it did since then. It is also able. It also predicts that there will be a demand for workers in the retail trade, durable goods, services and recreation.
T
The report, which allows for a margin of error, was distributed to
he report issued by the University of Kansas Institute for Public Policy and Business Research indicated that Kansas' growth rate would be one percent slower than the nation's.
El Hodri said it also would help people in the private sector by forecasting what business areas would be profitable.
legislators, state departments and others interested in the state economy.
"Suppose you are a banker, and let's say that someone applies for a loan." El Hodri said. "You find out that they are planning on producing them. You can then advise them that this is not going to be a growth area."
The report indicated that Kansas would be one percent slower than the nation's growth rate.
Norman Clifford, assistant professor of economics and director of the Kansas economic model on which the US Fed is based, lower growth rate wasn't uncommon.
"It may be that Kansas does not suffer as much in bad times as other states," he said.
The report said that for 1988, the personal incomes of Kansas residents will grow 5.7 percent, unadjusted, as compared to the national rate of 6.6 percent.
Institute members said the report would be invaluable to those involved with the state economy.
Bill Layes, director of research and analysis for the state Department of Human Resources, agreed.
El Hodiri said the report also would help legislators.
"They can see the impact of their taxes on an economy." he said. "It details where the growth has been so you can focus your policies."
"From time to time we use the university of Kansas extensively," he said. "报 such as this one are used in conferences and in a number of areas."
The institute is funded by a grant from the state El Hodri and in the city of Tacoma, northwest and executive director of the institue, are the principal investigators of the project, which took four years to develop and producing its first forecast last year
Elderly Lawrence couple can bank on getting wrong phone numbers
By Deb Gruver
Kansan staff writer
While some KU students wait and wait for their telephone to ring, they must be guaranteed that their phone will ring, especially on Mondays and Fridays.
except on Mondays and Fridays.
Except sometimes the calls are not
for them.
The Vitt's phone is busier on those days because banks have more business on Mondays and Fridays. The bank's customer service department, have never had anything to do with the banking business, some FirstBank of Lawrence customers.
For the last year, the Vitt's telephone number has appeared incorrectly in the University of Kansas telephone directory. Their number, 843-7400, is listed in the yellow pages as First Bank's telephone number. But the bank's number is 843-7400. The student started at the beginning of last year when the student directory came out. "No one has ever been rude to us."
Dixie said, "A fellow last week called about depositing money for automatic checking, and I told him that he would deposit money into our account."
She said that it has not been a big problem to them, and that when the telephone company offered to have their number changed for free, they had no need was necessary. Wayne said the number had been in the family a long time.
The Vitts, who have been married for 41 years, said that some days, no one calls for the bank. Dixie it varied a lot.
"We have had this number for at least 20 years," Dixie said. "We don't want to have to change it, as long as it is corrected in the new phone book."
When they do receive calls for FirstBank, the Vitis explain that they are not the FirstBank, and tell callers the bank's correct telephone number said that people usually apologize for dialing the wrong number.
The bank was contacted last week about the error. Humbert Tinsman, chairman of First Bank, said that it never caused problems for the bank.
The Vitts have never thought it was a big enough issue to notify First Bank
"If it is a problem for anyone, it is a problem for them," Tisman said. "It is a shame to inconvenience someone. I have not heard of any body talking about trouble in getting in touch with us."
University Relations is the organization on campus that compiles the student director. However, University Relations is not responsible for mistakes within the mails.
Julie Swords, publications editor,
said that the printers were responsible for yellow page errors. A committee on the telephone prints the printer for the phone book.
SCHEDULE
Spouse Ticket-Please bring proof of marriage.
F-K Wednesday, Aug. 31st 8:30-5:00
L-R Thursday, Sept. 1st 8:30-5:00
If your last name begins with the letter:
A-E Tuesday, Aug. 30th 8:30-5:00
S-Z Friday, Sept. 2nd 8:30-5:00
If you miss your assigned date you have from Sept. 5th until Oct.1st to pick your ticket up at Allen Field House
K.U. Students Sports Tickets Distribution
Clip & Save
Bring: K.U.ID with Fall 1988 Fee Sticker
Recreation Services Intramural SOFTBALL
Today: Softball managers mandatory meeting 6:30 p.m.
If you miss this meeting you may miss the softball season!
Priority scheduling for instant scheduling will be given at this meeting. Instant scheduling will begin in September 1 and Thursday, September 1. Sign your teams up and pay fees from 8:30 a.m. to 4 p.m.
Time: 8:30-5:00
- Sign-up information: Mens, Women, & Co-Rec Leagues
Begin Play Tuesday, September 6
* Mandatory Managers Meeting - Tuesday, August 30, 6:30 p.m.
North Georgia
* Instant Scheduling - August 31 September 1,
8:30 a.m. - 4:00 p.m., 308 Robinson
Entry Fees paid at this time
* Entry Fees ($a) at $20
* A member from each team must attend to receive
* timely instant scheduling
Where: East lobby Allen Field House
Please note: You may pick up your Sports Combo Ticket only.
Dates: See schedule below
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