M T'0 E A ER atIptPeR LEIS1 ■ quity Trade Program. We Pay Off Your Trade Regardless of How Much You Owe!A• LINCOLN TA MERCURY " MAZDA • VW Annual Growth Rate of Real GDP 6 Percent, AR Actual Forecast 5 4.7 CONTINENTAL "Best Deal In Town" 4, :)) :e: :,jE V,:T,::'rMM p , , r).,) M% 3.8 4 C NEW 2.8 3 Z,,,,, ,, , ,: . • • , A11111111,Ate 41111•111 ■ . 2.5 Vager LEASE 24 MOS. sisJOMO. 2.0 2 1.9 N 111 , 11.1 IIIIIIIt! 1 1 2 3 4 1 98 1 99 RSQE: December 1996 Unemployment and Inflation Rates Percent, AR 5.5 5.2 5.3 5.3 Civilian Unemployment 3.1 2.3 2.6 • • Private Nonfarm Deflator 1.2 3 3 4 1 2 1 9 44 1 1 LEASE $02CIC* M 24 MOS. VUIJO. 4178 Highland Rd. Waterford Ask For Lou Gordo Forecast Actual 95 1 2 3 96 4 1 2 3 4 1 2 3 4 1 I 97 98 1 I 99 RSQE: December 1996 my, "Some shock which came from the fact that there was a re- cession in Europe, or the Far East, and that suddenly cut your export market, so the economy weakened in the United States. "Or, the other reason you got a short cycle like that, a mild re- cession, was because of what we call an inventory correction. That Twas where, during the econom- ic expansion, everything looked good, stuff was flying off the shelves fast, businesses all over were ordering more goods to keep their shelves full, so that customers could come in and find what they wanted. "Everybody is doing this at once, and you overdo it. And \_ everybody thinks, 'I am invin- ,_)cible, I can't order too much,' and I everybody winds up ordering too much. "And so, suddenly, merchan- dise piles up on the shelves. This was not the intended reaction, and as a result of that everybody says, 'Whoops, better let this get used up,' and so they stop or- dering. \__. "So you have to stop produc- and that produces a little re- cession and the goods fall off the shelves finally, and then you start up again." But, Dr. Hymans has good news about that form of reces- sion. "That kind of behavior, the roughly periodic every-three-or- four-years overdoing of invento- ry buying; is something we will probably not see much of in the future. And that's because of computers, and the realization that it really is expensive to mis- manage inventories. Because computers allow you to take minute-by-minute perpetual in- ventories of what's on the shelves, businesses have been able to keep a closer match be- tween what's being purchased, what consumers want to look at and what's on their shelves." But Dr. Hymans said there could still be pitfalls in the econ- omy. "Right now, computer pur- chases are driving a lot of what's going on in this economy in terms of its growth. If that dried up, what would replace it? I don't know. "What if suddenly everybody says, 'That's it, who needs any more computers, I've got enough now.' And then you have a cou- ple of years when people aren't buying. Computer purchases in the United States economy have been increasing at double-digit rates for the past half-dozen years, 15, 20, 30 percent a year, PROGNOSTICATORS page 56 170508, Leather, nicely equipped, $2900 down, $350 Sec. Dep. 24,000 miles closed end lease- 24 mos. Over 47 Available at Similar Savings! " 4 1 2 3 4 1 2 3 4 1 2 3 4 194 I 95 96 97 1 LEASE 24 MOS. I / Over 75 Available at Similar Savings! 17958, Auto., air, pwr. pkg., gold pkg., elite pkg., rear spoiler, mud guards, woodgrain dash and more. $2310 down, $200 Sec Dep. 170397, Leather, nicely equipped, $2900 down, plus 5500 Rebate down, $425 Sec. Dep. 24,000 miles closed end lease - 24 mos. * 17959 Auto,. air, pwr. pkg., am/fm/cass., rear defrost and morel $1922 down, $2y Sec Dep. NEW '97 TOYOTA COROLLA DX COLN MARK VIII - — 0.3 NEW '97 TOYOTA CAMRY LE OS NEW '97 MAZDA 626 LX ; 21- 47111E S.$1 59* M 0 a, a, 12961, Auto., air, am/fnVcass., woodgrain dash, gold pkg., rear spot e r and mOie! s1971 down, S175 Sec. Dep. CALL NOW! 24 HOUR INFORMATION CENTER 1 765 S. Telegraph Rd. Bloomfield Hills 1 -800-MEL-FARR OPEN SAT. 10-3 All prices plus tax, title, plate, lic., doc., and destination and acquisition fees. Leases all require 1st mo. & sec. dep. plus down pymt. Based on conventional financing. To get pymt. multiply by no. of mos. Option to purchase at lease end for predetermined amt. Price determined at lease inception. 15,000 mile/yr. limit on leases. 11c per mile excess (12,000 miles/yr. limit on Import leases, 10c mile excess). Lessee responsible for excessive wear & tear. Dealer not responsible for typographical errors. Pictures may not represent actual vehicles on sale. Prior sales excluded. Dealer financing on select vehicles only. Others require conventional credit approval. ACustomer must meet min. down pymt. requirements for approved credit eel FMCC. Valid on 2 or 3 yr. Red Carpet Leases only. Valid on new vehicle leases only. On vehicles of greater value than pay-off of trade-in. Difference between cash value & of trade & pay-off amt. will be added to cost of new lease. Pymts. on lease may increase accordingly. The difference may be paid. up front w/ down pymt. on lease if customer chooses.SALE ENDS Friday January 24th, 1997 at 6 p.m. inT ~ RnE I connEc SERVICING ALL OF OAKLAND COUNTY io • Residential and Commercial • Personal and Customized Services • 100% Customer Retention and Satisfaction • Non-Profits Call For Your Free Account (810) 334-5492 or (810) 335-1309 SpeedLink A Div isi on of Speed Net, Inc. hllp://www.speedlink.net • e-mail: speed@speedlink.net 53-1/2 West Huron Street, Suite 211 • Pontiac 0 55