Word: indexed
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Dates: during 1930-1939
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...about commodity prices at last week's first press conference. He thereupon delivered a 20-min. discourse. Chief points: 1) the Administration, through AAA, HOLC and NRA, is still firmly committed to raising the national price level; 2) the goal will not necessarily be the fabled 1926 index, may aim at pre-War parity between agricultural and industrial prices; 3) wages will have to be upped responsively...
...certainly satisfactory to observe that in nearly all cases the indices of production show a marked advance as compared with last year. Take the second quarter of the year. I find that in the case of textiles, not generally considered one of our most prosperous industries, the index for the year is 91 against 86 last year. For chemicals it is 109 against 101. For engineering and shipbuilding it is 119 against 97; iron and steel 104 against 78. . . . Shipbuilding under construction has doubled and at the same time the volume of shipping laid up has been halved...
Opponents of the managed currency were obliged to admit that Sweden's production index, as compared with 100 in 1928, has come back to 95, highest of all Western nations except Russia (Britain- 92; U. S.-66). Furthermore, Sweden's unfavorable balance of trade dwindled from 203,000,000 kronor ($52,780,000 Roosevelt) in 1932 to only 11,800,000 in 1933. But for Sweden's upturn they had many other reasons: the great public works program begun in 1933; the thrift and conservatism of Swedes; the exemplary caution of Swedish savings banks; the huge cooperative...
...this new publication, with the aid of the Dow-Jones share index and other financial legerdemain, incomprehensible to the average man, he proves his point, at least to his own quite apparent satisfaction. The following significant passage is taken from the introduction to the booklet...
...best indications now are that a slow laborious upturn in business is in the making and may show possibly a greater than seasonal advance during the coming weeks. Perhaps the most encouraging index is the activity in retail merchandising. This advance is due directly to governmental spending. The government is not only priming but pumping the pump. An industrial truce as suggested by the President would prove extremely helpful to business in general...