Word: indexes
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Finance Minister Douglas Abbott, just back from a sobering view of conditions in Europe, warned that the Dominion's cost of living index, now at 136.6, might well go to 145 by next spring...
...Fall to Come? Spurred by all these devils, Dun & Bradstreet's index of the wholesale price per pound of 31 staple foods last week hit $7.02, an alltime record (a year ago it was $4.99). Wholesale prices, which had been dragged up by the skyrocketing food prices, were within 7% of the alltime high reached in 1920-and the rise in recent weeks has been far sharper than it was after World War I. Would there be the same drop s? Nobody knew for sure, but there was another flurry of nervous talk of recession and buyers' strikes...
Trend Reversed. The Federal Reserve Board's index of industrial production (in which the years 1935-39 equal 100) dropped during July, for the fourth month in a row, to 178. This was six points below June and twelve points below the postwar high last March. But the board said that, although it did not yet have final figures, "scattered information" indicated that the downward trend, due "in part to influences of a temporary nature," was reversed in August...
Irreversible Trend? In its sixth successive weekly rise, the Department of Labor's index of wholesale prices inched up .8% to a new postwar high of 153.5% (of the 1926 average). The Dow-Jones commodity futures index spurted 3.45 points to 152.03, highest since the index was started in 1933. Nothing would pull prices down, said General Electric's President Charles E. Wilson somewhat hopelessly, except "technological advances and more efficient mass production...
Prices climbed-and went on climbing. Last week the Bureau of Labor Statistics gave another altimeter reading: on June 15 its consumers' price index reached its highest point ever: 157.1% of the 1935-39 level. In a year, food costs in large cities had risen 31%, clothing was up 18%, house furnishings 17%. The national pattern was not uniform, but almost everywhere in the U.S. the postwar dollar was worth only about 50% of its prewar value in purchases of essential consumer goods...