e're Optimistic bout the West

By Gil Oswald President Simpson Timber Co. Seattle, Wa.

M i5'l*o.

projections for 1980, the first year bf a new decade, is an especialy difficult undertaking. There are a number of variables that can have a great impact on homebuilding throughout the nation.

o Energy is a monumental problem, affecting every facet of our lives. With no clear national energy policy, there is a great deal of uncertainty in the air. One thing is certain. though, energy will continue to be more and more exDensi ve.

o Despite efforts of the Federal Reserve Board to contain it. double digit inflation will remain with us. Simpson expects prices we pay for goods and services to rise an average of l0%' in 1980.