Word: indexable
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...industrial nations, which once counted on the U.S. to be the world economy's "locomotive," would now welcome a mild American recession. After a long period of sluggishness, the six other leading economies-Japan, West Germany, France, Britain, Italy and Canada-are showing hesitant signs of revival. An index of leading indicators for the six advanced 8% during the latest twelve-month period, vs. 1% for the U.S. But the gains have not been without cost, notably a rise in prices. According to the Organization for Economic Cooperation and Development, which monitors trends in the leading non-Communist industrial...
...wealthy corporate executive called home to tell his wife to lay in an ample supply of gas for their camping stove, lest there be no fuel next winter in their Kensington flat. And in the two days after Howe delivered his budget message to Commons, the Financial Times stock index dropped 27 points. The Tories stoutly defended their drastic action. "This is a severe package," conceded John Biffen, Chief Secretary to the Treasury. "But the severity is made necessary by the situation we inherited...
...concerned with long-term trends in the development of the American economy. One of his studies deals with the economics of change in human stature through the years. He says he is finding that the rate of change reflects the wealth of the community. "It's a very good index of inequality of income. We're using it to investigate patterns by which different income and wealth existed and the circumstances under which they disappear and diminish," Fogel explains. He adds that a number of researchers felt there was a glaring absence of the kind of information about the American...
...alive and well at the other end of Pennsylvania Avenue, but Moynihan's question reflected Washington's increasing sense of dissatisfaction and disarray. Indeed, as the week's end brought some expert claims that the U.S. has already entered a recession even though the Consumer Price Index rose in April at an annual rate of 14%, Carter himself may have felt like a man on the wrong side of the walls of Jericho...
While the dramatic vitality of Getting Out is undeniable, the play is partly an index of an indecipherable malaise in the society from which it springs. In an admittedly sickly theater season, many of the plays that have received the most critical acclaim and a generous measure of audience acceptance have been about the dying, the grotesque, the brutalized and the desolate. The Elephant Man, winner of this year's New York Drama Critics Circle Award, features a freak who is mon strous, if also in eloquent human pain. Whose Life Is It Anyway? mounts a torch...