Word: indexed
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...finally dragged consumer spending down with it. That's important because such expenditures account for two-thirds of America's economy -- so it's heartening that confidence suddenly reversed course in February, posting a small improvement. For the first time in five months, the closely watched monthly consumer confidence index of the Conference Board, a business research group, rose 2.6 points, to 57.7. That's still way below last July's 101.7, but it's a start. It also fails to reflect consumer reaction to the cease-fire, which was announced after the survey was completed. Says economist Paul Erdman...
...housing market will be in that section of the country, when we repatriate the troops and they get on with the lives they've put on hold for six to eight months." Thanks to falling interest rates and softer prices, the housing industry's Home Affordability Index is at a 14-year high...
Before the Persian Gulf war began, the stock market was in deep hibernation. But after hostilities got started, and with allied victory all but certain, investors staged fireworks of their own. Last week the Standard & Poor's 500 index hit a seven-month high of 369. The Dow exploded, rising 104 points to finish the week at 2,934.65 after a 100-point gain the previous week. The market has soared nearly 17% since the war began Jan. 16, more than regaining all the territory it lost in the months after Iraq invaded Kuwait...
...they resumed their bullishness when there was no immediate retaliation. The Dow Jones average closed the week at 2646.78, up a record 145.29 points. In Germany the Frankfurt exchange registered its largest single-day advance in history and gained more than 1.6% for the week, while Tokyo's Nikkei index rose...
...larger question, of course, is the adequacy -- moral, material and martial -- of America. A month ago, conventional wisdom had the U.S. being overtaken as a great power by Japan. Perhaps. But is making a superior Walkman a better index of technological sophistication than making laser bombs that enter hangars through the front door? Is a nation's ability to make VCRs a better index of power than the ability to defeat aggression...