Word: indexed
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Dates: during 1990-1999
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Some stock traders might even be tempted to use the still taboo word boom. The Dow Jones industrial average last week shot up 4%, to a record Friday close of 3442. The 132-point rise in this blue-chip stock index for last week alone equaled its increase for all of 1992. Even more striking, bond prices rose enough to send the interest rate on long-term Treasury bonds down to 7.17%, the lowest since 1986 (the higher a bond's price, the lower its interest yield). Apparently bond traders, who usually do not trust Democrats, think that Clinton really...
CAPTION: U.S. INDEX OF LEADING ECONOMIC INDICATORS
That is particularly alarming because no matter what policies the new Administration pursues, the fate of the recovery will ultimately rest on the willingness of companies to start hiring again. So far, the outlook seems stubbornly dim. A recent American Management Association index of the hiring plans of 785 companies stands at a dismal 9.6 on a scale of 100. A growing economy would normally produce an index at least in the 30s. "This recovery will be limited to fewer jobs and lower incomes than at any other time in the postwar period," says Lawrence Mishel, research director...
Instead, he suggested putting on the transcriptthe Course Grading Index, a figure computed by theOffice of Instructional Research and Evaluationfor every undergraduate course. The index comparesthe students' course performance with theiroverall performance at Harvard...
...Johnson Redbook Service's Retail Indicators recorded a leap of 10.4% in department-, discount- and chain-store sales over last year. The source of the spree became clearer with the release of the New York-based Conference Board's consumer confidence index for December. It showed nearly a 13-point increase, following an 11-point hop the month before. Says Redbook analyst Steve Marotta: "Consumers went from the ostentatious '80s, making sure that they had somebody's name on their pocketbook, to the '90s, when they pulled in the reins. Now what we are seeing is the result of pent...