c7Vorthuf3od YeWelerc5'
GDP
page 157
defense industries suffered
cutbacks.
By contrast, trade, trans-
portation and business ser-
vices grew 3 percent to 4 per-
cent.
Purchases of durable
goods increased 3 percent
during the first half, as fur-
niture purchases shot up 13
percent per capita. By con-
trast, car purchases dropped
1 percent to 2 percent, while
household goods purchases
remained flat.
Investment in fixed assets
- such as land, buildings and
equipment - fell 5 percent fol-
lowing a flat second half last
year.
Investment in residential
housing fell 19 percent in the
first half, following a 12 per-
cent drop in the previous
half. The sharp decreases
reflect drastic cuts in public
housing, which was reduced
55 percent in the first half
after a 23 percent drop in the
second half last year.
By contrast, private con-
struction took up some of the
slack and increased 10 per-
cent in the first half.
Investment in machines,
equipment, non-residential
buildings and infrastructure
rose 3 percent, building on
the 8 percent growth during
the second half of last year.
However, investment in non-
residential buildings fell 10
percent.
Goods and services exports
grew 6 percent during the
first half, following a 4 per-
cent increase in the previous
half.
The increase in the first
half reflected an 11 percent
jump in industrial exports.
In addition, income from
tourism rose 8 percent, while
diamond exports fell 3 per-
cent and agricultural exports
dropped 2 percent.
SILVERWARE
CHINA AND
CRYSTAL
SALE
THE BRIDAL STORE
ry
■■ ■
,1• - •Ti
IN-STOCK MERCHANDISE
NOW! THRU SUNDAY SEPTEMBER 12th
• STERLING SILVER
• SILVER PLATE
• STAINLESS STEEL
CALL FOR PRICES
• RETRONEAU
• FRASER
• WATERFORD
• LENOX
• ROYAL DOULTON
• NORITAKE
• MIOSA
• HUTSHENREUTER
• WEDGEWOOD
• ROSENTHAL
• BLOCK
• SPODE
ALL ON SALE
c Worthiiidod
geWelerc5
sammito
EST. 1947
= 2602 N. Woodward re
at 12'/2 Mile Rd.
Royal Oak
549-1885
Hours: Tues. & Wed. 10-6, Thurs. 10-7
Friday 10-6, Saturday 10-5
Closed Mondays
Your Hosts: Al & Ruth Beigler
LENOX CHINA
35% OFF
FAST DELIVERY ON
ALL MERCHANDISE
BRIDAL
REGISTRY
LOST OUR LEASE
EVERYTHING MUST GO
60y
ORIGINAL PRICE
0
OFF
Investments
Drop
I
•comforters
• bedspreads
•sheets
•bed pillows
• decorative &
deco pillows
•kitchen &
bath rugs
•towels
• shower curtains
• bath accessories
•wide rods
•window toppers...
and much more!
C-USTO:M WI N DOW4
•vertical blinds
• pleated shades
• horizontal blinds
TAKE AN EXTRA!
HU RY!
a
le o f
exciting
savings
1 0 OFF
Excep6oss ere: al of our In-stook vertical
blade and ClvecIll bedding leach Is sr
addldeasi 10% off for this event. No special
orders. Prier sales do not qualify for
agestraerrt &ring this event
FREE
FREIGHT
OFF
SPECIAL ORDER WALL
_
CHOOSE FROM 1300 SPECIAL ORDER BOOKS in our library at 47 - • off. Present
coupon at time of order Only. Minimum order at sale price. S50 Otherwise
discount is only
off. Borders with coupon. 35 . off. FREE FREIGHT. Handling
added. Sorry. charges not accepted for this special.
WHERE
EVERYTHING IS
UNIQUE
o
Expert Jewelry
and Watch
Repair
❑
srael's foreign direct
investment fell to $21 mil-
lion in the first half of the
year from $279 million
during the same period last
year, the Bank of Israel's for-
eign currency division report-
ed last week.
There was also a drop in
foreign investments in every
sector of the economy, except
for real estate, during the
first half of the year com-
pared to the same period last
year.
By contrast, business sec-
tor investments in real assets
abroad nearly doubled to
$234 million from $125 mil-
lion. ❑
WWI ON MSTO:OK
24th
ANNIVERSARY
SALE
UP TO
24th
ANNIVERSARY
SALE
AMOMP,
ON THE FOLLOWING
NAME BRANDS
See our collection of
14 & 18K engagement rings,
latest styles with
baguette diamonds.
24th
ANNIVERSARY
SALE
tO)
SAVE 25%-60%
EVERYDAY
•REED & BARTON
•TOWLE
•LUNT
•GORHAM
•WALLACE
•INTERNATIONAL
•ONEIDA
•DANSK
•JEAN COULON
•YAMASAK
•SASAKI
•KIRK SllEFF
drapery boutique
bath, bed,
windows,
walls...
and more!
C....,,,nes•res Sur Seg 10 1993
FASHION
WITH VALUE
ALWAYS
4 2;
°A)
OF IF OFF
;designer
fabrics
Oh, *labor for
•deluxe --:Pa'u n l 0 '1 draperies
- extra
lining
S
OFF THAT
24th
call 1-800-444-3983
ANN IVERSARY
SALE
e!mmaatmislimc:twEHEiia
MD&
Fashionable Plumbing
and
Hardware Accessories
for The Home.
cfrlanagement Specialties Corp.
271 W. MAPLE ROAD - BIRMINGHAM
(This Location Only)
646-3660
2800 W. 11 Mile Road
Berkley
Between Greenfield and Coolidge
548-5656
Hours: Mon.-Fri. 8-5, Sat. 8:30-1
STATE FARM INSURANCE
MARILYN J. GOLD-AGENCY
"I believe in personalized service"
• AUTO • HEALTH
• HOME • COMMERCIAL
• LIFE • IRAs • BUSINESS
353.1400
26561 W. 12 Mile Road, Suite 203, Southfield, MI 48034
WANTED
Herman Miller & Knoll Furniture
Also any unusual furniture, accessories or art
1930's - 1960's. Unusual shaped couches, chrome
and vinyl couches & chairs, 1930-1960.
tw) 313-398-0646
Ask for Les
(h) 313-661-4236
Top Cash Paid $
I51