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...last year, twice as much as in 1954. Denmark, on the other hand, held its imports down and boosted exports $70 million last year, thereby cut its $200 million trade gap to $135 million. Yet Denmark is still having trouble. Only a fortnight ago, for example, the retail price index jumped five points...
...Senate censure. Only one major publication saw fit to write on him at all in the last three months of the year--and that was the evervindictive Nation, whose correspondent pursued the Senator on a speaking tour to Boston to write a piece entitled "Comeback Flop." The news index of the New York Times tells the same story of lack of stories. In 1953 and 1954, McCarthy made the front page of the Times almost as much as the President of the United States. It was a rare day when some newspaper somewhere in the country did not carry...
...acknowledged trouble spots. He asked Congress to join him in a study of the growing problem of installment credit (up 25% in 1955). But he was far more concerned, obviously, with an index of farm prices (base: 1910-14) that goes like this...
Despite these danger signals, Carrillo Flores is confident that if the government does not impose further controls to stifle business growth, the economy will develop its own counter-inflationary forces. The latest reports suggest that he is right: in the last quarter of the year, the cost-of-living index and wholesale prices were held to a modest 1% rise...
COST OF LIVING in 1955 showed the "greatest stability" since the Government first started keeping track of the monthly changes in 1940, says the Bureau of Labor Statistics. Consumer prices fluctuated within a range of only .8 index points as declines in commodity prices, especially food, balanced out increases in service items, e.g., haircuts, movies, shoe repairs...