Word: augusts
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Dates: during 1970-1979
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...truth was that when Miller left the Fed in August to become Carter's Treasury chief after the summary axing of Blumenthal, the Fed's monetary policy was in disarray. So strong has been the resulting expansionary momentum that even as investors and financial markets were reeling last week from Volcker's abrupt shift in Fed tactics, the central bank itself glumly announced that money growth for the previous week had been a too robust $2 billion. That was anywhere from two to four times what had been expected...
...glow. With money available in seemingly inexhaustible quantities, neither business nor consumer spending shows signs of slowing much at all. In spite of wide agreement among economists that the U.S. is already in recession, September's unemployment level fell to 5.8% of the labor force, down from 6% in August; that decline suggests that businesses are not just continuing to keep factory lines humming, but are even expanding their production in the belief that someone will buy almost anything they can turn...
Demand remains impressively strong, as the latest retail sales results show. In September purchases by consumers rose by a very vigorous 2.2%, which was nearly twice the increase that had occurred in any previous month this year. Moreover, revised Government figures show that spending in August climbed by an astonishing 3.1%, which works out to an annual rate...
...minimum goal is to have enough delegates to play a role in drafting the Democratic platform," says Campaign Manager Thomas Quinn. A minimum role may be all Brown can play. Since August, he has been able to raise only $250, 000. Brown forces had hoped that Kennedy would stay out of the race long enough for their man to get some "fence-sitting" money. Strapped for funds, Brown has had to delay formally declaring his candidacy. Otherwise he will lose local television exposure; as long as he is a noncandidate, stations can interview him without being forced to supply equal...
...August Co. has installed a $4000 system with a television screen and camera that monitors the back aisles. "I would-be ecstatic if I only had $4000 losses in a year." The store catches one shoplifter per week, he added...