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...month-long stock market rally sends the Dow-Jones industrials back past 350 toward 500 by New Year's Day and the U. S. Department of Commerce Citizens' Happiness Index rises at a seasonally adjusted annual rate of 8.3 per cent, only half of which is attributed to drugs...
...April 1969, when the Administration was just setting out to fight inflation, the consumer price index was rising at an alarming rate of 7.2% a year. As a result of purposeful policies of slowdown since then, the nation's factories have been forced to pare production 5½%, and stock and bond markets have shuddered through their worst crisis in three decades. The jobless rate, which was 3.5% then, jumped last week to 5.8% as the November figures were issued?the highest monthly level since 1963. All together, 4,600,000 Americans are out of work, and 21% of the people...
...October, for the second straight month, consumer prices rose at a seasonally adjusted annual rate of 6%. The Administration's strategy of slowing price rises by deliberately slowing down the whole economy has yet to show any important success visible to the consumer. The preliminary wholesale price index went down fractionally in November, but that erratic index also declined three months ago -with little impact on consumer prices. After a hesitation in late summer, consumer-price inflation has speeded up again almost to the fast pace of last winter. The C.E.D.'s analysis is that prices...
Duffey's campaign was considered a significant index of the strength of McCarthy-style peace campaigns. Duffey was a strong supporter of McCarthy's presidential...
Food was the fastest riser in September's index. The second largest jump occurred in women's apparel, partly because, in addition to its other disadvantages, the midi is expensive. Presidential Economic Adviser Paul McCracken took some comfort in reporting that the rate of rise in the consumer price index has declined slightly quarter to quarter, despite the September increase. On the other hand, the more comprehensive price index, the so-called G.N.P. deflator, rose from the second quarter to the third quarter...