Word: digitals
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Unfortunately for the Crimson, though, neither Carey nor Banks was particularly effective during the one critical stretch of the game, the first eight minutes or so, when UMass assumed a double-digit lead which it held steadily until the final buzzer...
...deadliest shock to the economy would be a return of sustained double-digit inflation. That likelihood is not easy to gauge. The October leap in wholesale prices seems to have been partly a statistical fluke, caused by difficulty in calculating seasonal adjustments. M. Kathryn Eickhoff, vice president and treasurer of the New York economic consulting firm of Townsend-Greenspan, suggests that the real annual rate of increase may be only about half the 23.9% reported. Still, the October jump was disquieting: it involved not only metals and cars but also farm products, lumber, textiles, clothing, furniture and household durables...
...most worrisome threats to the budding economic recovery-and to U.S. living standards-was the sudden resurgence of double-digit inflation in June and July. Last week, though, the Labor Department had some good news for Americans. It reported that the rise in the Consumer Price Index slowed radically to an annual rate of 2.4% in August, from 15.4% the previous month. Retail food prices, which had shot up in early summer, did not rise at all in August. The purchasing power of the average worker's paycheck was 1.1% higher than in August 1974, marking the first time...
...movements. Nonfood portions of the CPI are still rising at an annual rate of 6% to 7%, indicating that the underlying rate of inflation has not changed much. In September the index as a whole is likely to rise more than in August, though scarcely back to the double-digit range. At the least, though, the August figures give weight to the Ford Administration's argument that the scary inflation pace of early summer was an aberration, and might calm nervous consumers and investors. Indeed, the stock market, after falling to 795 on the Dow Jones industrial average-close...
...three economic powers reject this argument for one reason: inflation has again become a serious concern in these nations, and greater stimulation would increase the danger. While the U.S. worries about a return of double-digit inflation (see box), prices are rising at an 11.7% pace in Japan and at a 6% rate in West Germany, where inflation is a national phobia. Symptomatically, West Germany's Social Democratic government recently announced a $2.3 billion spending program to combat rising unemployment, but coupled it with long-term austerity measures to limit the inflationary impact...