Word: indexable
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...increased hourly rates the Bureau of Labor Statistics showed a decline of 2.6% in the unit labor cost of steel between 1929 and 1939. Furthermore, other Government figures covering part of the period since then show a still continuing decline of 18.4% in unit labor cost, from an index of 112.8 in 1938 to an index of 92 in 1940. This drop in costs was slightly greater than this month's wage increase (the first since 1937). These are the sort of figures steelmen will have to bat down when they talk to Henderson...
...extensive index of these and other books and of the many pamphlets and articles now at Brooks House is available at Steele's office. A total of over 500 sources is thus made accessible, and this is supplemented by numerous letters and clippings in Steele's possession...
...forecasting the FRB is not the TIME index's chief value. It will give businessmen a sensitive, sound, up-to-date weekly measure of how production is going...
TIME'S index was formulated and prepared in consultation with the editors by E. W. Axe & Co. Inc., well-known statistical and investment advisory firm, which assembles up-to-date data in more than 2,500 different statistical fields. These range from a monthly series on business activity in Japan to weekly series on call money rates, stockmarket averages and the price of hides. From this vast statistical storehouse, TIME will select each week or so whichever chart is of special interest in the light of the week's news. This week, for example, TIME prints (in addition...
...banks reporting to the Federal Reserve showed their 24th consecutive rise, touched $8,600,000,000 (up 14.4% since outbreak of World War II to a new high since 1929). The commercial loan figure, once almost as good a guide to business activity as the Federal Reserve Board index of production, was beginning to follow the industrial curve again...