Word: indexable
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Economists believe the consumer price index, which is used as a guideline for federal indexation, often overstates inflation by perhaps 2% because it exaggerates the cost of housing. In his proposals last week, Carter recommended that the problem be partially corrected by using a slightly different Government price index. If this change were already in place, the 1982 deficit would have been $13 billion lower. Social Security recipients, Government pensioners and veterans, whose benefits are all indexed, will undoubtedly fight any change in the system...
Inflation also benefits mil lions of unionized workers, government pensioners and Social Security recipients whose in comes rise automatically along with the Department of Labor's Consumer Price Index. Econo mists generally say that the CPI exaggerates the real rate of inflation by as much as 2% because, for one thing, it overvalues in creases in home financing charges. This distortion enables many people to keep their incomes ahead of the surge of inflation...
...midday the Dow Jones industrial average had fallen 31 points, although it recovered slightly in the afternoon to close down 23.80 points on a volume of 92.9 million shares. It was the busiest session in the 188-year history of the exchange. The following day, the Dow Jones index sank another 15.19 points...
Last week was the second time in less than a year that Granville appeared not only to have predicted a major market swing, but also perhaps to have set it off. Wall Street sages believe that last April 22, Granville singlehandedly whipped the Dow Jones index into a 31-point advance with a flash advisory to buy stocks...
...private-sector executives since 1969 but only 43% for top bureaucrats. Salaries of court of appeals judges rose 35% during that period, but lawyers in private practice saw their earnings leap 100%. Scarcely anyone, however, truly kept up with inflation during those eleven years, when the Consumer Price Index rose a staggering...