Word: indexers
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Dates: during 1950-1959
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...this decade is basically no different from writing in the past." Fortunately, the short stories are a good deal better than the communal preface by their authors. The special atmosphere of the '505 is evoked by a collection whose average of competence is commendably high and whose index of brilliance is somewhat low. It is tempting to moralize that this very flatness is a quality of the decade; more probably, it is only a characteristic of short-story collections...
From the Federal Reserve Board last week came news that department stores started their Christmas season from the highest take-off point in history. Sales in the final pre-Thanksgiving week hit 182 on the 1947-49 index, up from 169 in 1958. Only 5% ahead of 1958 at the beginning of November, department-store sales were 6% ahead in the second week of the month, 8% ahead in the third. Other signs of a faster beat in the economy...
...cost of living will rise only slightly, probably 1½% on the BLS index, unless a steel settlement touches off an inflationary round of price increases...
...economy. Steelworkers have lost $1.1 billion in wages; steel companies, $3.3 billion in sales; the Government, $710 million in taxes; the nation, 30.9 million tons of steel production. The Commerce Department estimated that the rate of the gross national product dropped $3.5 billion in the third quarter. An index of the eight key economic barometers fell farther in the first three months of the strike than during the first three months of the 1957 recession. The U.S. faced widespread shutdowns in industries that depend on the basic metal...
Hardly a householder in the U.S. needed proof of it, but the U.S. Bureau of Labor Statistics last week sent out the news that the cost of living was up again. The overall hike in September amounted to .3% over August, bringing the current index to a record 125.2. Meaning: a dollar's worth by 1947-49 standards now costs the consumer...