Word: indexed
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Dates: during 1960-1969
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...cuts in industries ranging from autos to nonferrous metals, scrap to gasoline (see following story). Chrysler Corp.'s low-and middle-priced 19625 bowed with reductions averaging 2%; Chevy, Falcon, Rambler and other major models also rolled in with lower tags. The Labor Department's Consumer Price Index, which has risen barely 2½% in the past two years, showed its usual slight August decline (to 128% of the 1947-49 average) as harvest fruits and vegetables loaded the market and temporarily brought down food costs. More important, Labor Department economists predicted that the index would remain fairly...
Another laggard was the stock market. Dow-Jones industrials have slid some 25 points since reaching an alltime high of 726.53 on Sept. 7, and last week alone the index lost nearly 15 points, closing at 701.57. While the week's decline stemmed largely from the U.N. crisis and the instinctive tendency of amateurs (but not professionals) to sell in time of danger, there were deeper reasons behind the longer-range falloff. Most Wall Street analysts agreed that investors had already discounted the present degree of economic recovery, were now waiting for another broad-based and dramatic economic surge...
...price bellwether for the whole economy, Blough observed that steel prices held level from 1940 to 1944, "but this did not prevent a substantial inflation." Conversely, he recalled, steel prices rose about 30% between 1951 and 1956, but "there was virtually no net change in the wholesale price index...
...womb of time, but whose birth is distant." He was also a charitable judge who could write, in reversing a lower court's refusal to grant citizenship to a woman because of contentions of bad moral character, that "a continued illicit relationship is not inevitably an index of bad moral character...
...borrowing money-has not followed the usual recovery curve. Interest rates classically move up and down as the economy does; it costs more to borrow money when recovery gets going. But this year, interest rates have risen scarcely at all-despite the fact that the Federal Reserve industrial production index hit an alltime high of 112 in July. Says Vice President John J. Barry of Boston's National Shawmut Bank: "Right now there seems to be an equilibrium between supply and demand for funds...