Word: indexed
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Dates: during 1950-1959
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After racing ahead at close to 100% for much of 1957, production of all manufacturing industries dipped to 82% of total capacity. Between August and November, production measured on the Federal Reserve index dropped six points to 139. Steel skidded to less than 70% of capacity, though total production, estimated at 113 million tons for the year, almost matched boom year...
...caution took some of the cheer away from what a few months ago would have seemed very good news: Secretary of Labor James P. Mitchell declared that "the persistent rise [in consumer prices] has ended," and the Bureau of Labor Statistics followed up by announcing that its Consumer Price Index, after creeping upward for 13 months in a row. held steady in October...
...rate of $439 billion, $5 billion more than the second quarter. But economists charge all the gain off to price rises; the real value of goods and services produced showed no increase. In October industrial production was down 2 points to 142 on the Federal Reserve Board's index, compared to the boom peak of 147. Though overall employment in October increased slightly to a monthly record of 66 million-and unemployment decreased to 2,500,000-the bulk of the gain was in farm workers; nonfarm workers increased by only 12,000 v. a 317,000 gain...
...rapid shift were many of the same mixed signs of advance and retreat apparent for months in the U.S. economy. The differences were in degree. Instead of the expected seasonal rise, overall industrial production slipped another notch in October to 142 on the Federal Reserve's index, two points below September and four points below October 1956. While nondurable goods held steady, steel, producers' equipment, construction materials and autos all were down, although much of the auto drop was due to the model changeover, and the Fed itself noted that November production schedules indicate a "marked recovery." Bank...
...right place for a laugh, as Author Kerr sees it, is anywhere, even the index. She has concocted a mock-erudite one with such items as: "Fifth, Beethoven's" and "Idiot, tale told by a." The proper cross references for Please Don't Eat the Daisies might be "Rye Krisp, thinner than," but, at the same time, "Monkeys, more fun than a barrel...