Word: indexable
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...save the recovery? Growth in the gross national product, after adjustment for inflation, plummeted from an annual rate of 8.6% in the first half of the year to only 1.9% in the July-September quarter. And bleaker news may lie ahead. The Commerce Department announced last week that the index of leading economic indicators, a barometer of future growth, fell .7% in October. It was the index's third decline in the past five months...
Ever since his new National Unity government took office two months ago, Israel's Prime Minister Shimon Peres has been searching for ways to solve his country's economic crisis. The percentage change in the consumer price index, or inflation rate, which just last July was 307%, by last month was estimated to have reached an incredible 1,300% at a compounded annual rate. As soon as he took office, Peres and his Cabinet announced a cut of $1 billion from the current $23 billion budget. But two economists advised the government that a cut of another...
...many Americans, though, the complicated medical, psychiatric and legal maneuverings of the trial and Hinckley's subsequent acquittal by reason of insanity seemed neither poetic nor just. The computer printout that served as a mere index to the papers filed in the case stretched to some fifteen feet. The medical and psychiatric interviews of Hinckley climbed into the hundreds of hours. The cost of the month and a half long trial totalled some two and a half to three million dollars, with federal charges at least three times that spent by the oil-rich Hinckleys...
Cabot attributed the loss to the last that over the fiscal near, the average value of the standard and Poors index of 500 stocks tell 4.8 percent and bounds dropped roughly 6 percent in response, the University moved heavily out of equities and bonds into "cash" investments-like 90 day Treasury bills but not enough to stave off losses...
There are a variety of reasons for the gap between the sharp price hikes that many people see and feel and the soothingly mild ones that the Government reports each month. One source of the disparity is the Consumer Price Index itself. Composed of a so-called market basket of goods and services ranging from haircuts to houses, the index measures the prices paid for average purchases by the average consumer. The trouble is that such people do not really exist. The C.P.I. assumes that shoppers spend 18.7% of their income on food, for example, without allowing for individual differences...