Word: exceedingly
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Third, the President's statement continues a regrettable Administration practice: the almost ritual invocation, whenever a labor dispute develops, of the magic number, 3.2. Indiscriminate use is beginning to obscure the economic reasoning behind this figure. The reasoning is simple: To prevent inflation, no wage increase should exceed the percentage rise in labor productivity in the industry involved. Progress in productivity if of course uneven across the economy, varying considerably from industry to industry. Citing the national average of 3.2% during every dispute is simply not logical; nor is it fair to the workers involved, who may deserve more...
Total damages caused by the fire that raged through Quincy House on Nov. 1 will exceed...
...running lower than at the beginning of this year. Expenditure on new plant and equipment is declining, and a survey by the Confederation of British Industry suggests that home orders are falling and more firms are working below capacity. The Economist predicts that Britain's growth rate will not exceed 1 per cent in 1966, as compared with over 4 per cent...
...turning out 1,500,000 vehicles and running up a 10% sales increase. Last week International Harvester, the industry's third largest company, announced that its truck sales have surpassed $1 billion for the first time, thus making Harvester the first company outside the passenger-car field to exceed that mark. Most truck companies are running as much as four months behind on deliveries...
...decision upholds Dietz's claim that the annex, us planned, would violate the Cambridge Zoning Ordinance. At the hearing last June, Dietz argued that the Coop's building permit was invalid because the ratio of the annex's floor area to its lot size would exceed the maximum which the ordinance allows...