Word: costlier
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Dates: during 1970-1979
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...they can effectively seal out drafts around window frames, balcony doors and air-conditioning units. One Chicago store shows shoppers a quick how-to-do-it movie to help them with installation. Insulated window shades, made of a multilayered quilt of polyester and aluminized plastic, are a fancier and costlier option at $60 to $100 per window. For those who can afford to wait out winter in bed, down comforters-selling at four times last year's rate -and electric blankets are recommended. Macy's 15 New York City area stores now offer an array of such items...
...Middletown, Ohio. Under a pilot project for the bubble plan, the company chose instead to spend $4 million to pave parking lots, seed other areas and put in sprinklers that will suppress iron oxide dust. These measures are expected to remove six times as much pollution as the costlier gear would have done...
Money to buy condos or co-ops is becoming costlier and harder to find, of course, but the impact of the squeeze has so far been modest. In Chicago, the Baird & Warner real estate firm reckons that October condo sales were 6% ahead of the same month last year, but prices have eased from an average of $93,000 in 1978 to about $85,000 today. In New York City, both demand and prices remain high, and luxury four-room apartments are selling for an average of $ 160,000, vs. $ 100,000 a year...
Already the cost of money for almost all purposes is soaring. Federal Home Loan Bank Board Chairman Jay Janis predicts that mortgage rates, which now average 11.5% nationwide, could reach 14% by January. Meanwhile, the ability of consumers to pay for costlier credit, oil and everything else is rapidly declining. Washington Economic Consultant Michael Evans calculates that inflation and the rising tax bite have reduced the spendable income of a family of four earning $20,000 annually by $1,000 so far this year. If consumers suddenly begin closing up their wallets and pocketbooks, as they are expected to, inventories...
...corporations raised the dollar value of these benefits at an average annual rate of 17%; over the same period, cash wages and salaries went up only 10% a year. Boosting benefits is much more difficult now; they are included in the guidelines calculations and are becoming costlier to provide, especially in the case of medical insurance plans. Last year such benefits rose by only 9.5%, and almost all of that increase reflected higher costs, not expanded programs...