Word: indexes
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Dates: during 1950-1959
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...fast-growing National Citizens' Committee to Curb Inflation, born in Mexico, Mo. (pop. 13,500) three months ago, marched into Washington for a rally last week, and it could hardly have picked a fitter time. Reason: last week the Bureau of Labor Statistics announced that its retail price index had crept upward for the ninth month in a row, hitting a record peak of 119.6 (the 1947-49 average = 100) as compared with 115.4 a Year...
...Humphrey ventured that inflation might ease during the year's second half. But before week's end, the day after the President appealed for "statesmanlike action," Pittsburgh's giant U.S. Steel Corp. announced inflationary price boosts averaging $6 a ton (see BUSINESS). To halt the price index's upward creep, Washington was going to need some help from Pittsburgh (Pa.)-as well as Mexico...
Bibles & Attendance. Outside the Garden, the impact of the crusade is harder to assess. One index-Bible sales-is inconclusive; a few bookstores (Morehouse-Gorham, religious booksellers whom Graham recommends; Calvary Bookstore, near the Garden; and Doubleday) report a small increase, others none...
...bustling financial district, top officials of the U.S. Steel Corp. waited one day last week for a final figure to guide them in fixing the twelfth consecutive steel price rise since World War II. As soon as word came of another jump in the cost-of-living index, which meant an automatic wage boost for steelworkers, statisticians swiftly added the change to a mosaic of other figures on increased costs, including the industry-wide wage hike called for in the contract signed last year. Soon after, U.S. Steel President Clifford F. Hood announced a steel price boost averaging...
Sensitive Signals. Such are the statistics that make up the "leading index," a sensitive collection of figures used by many economists to signal changes in the nation's business climate before they become generally noticeable. The index-and two other similar barometers-was developed by analysts of the National Bureau of Economic Research, including Raymond Saulnier, chairman of the President's Council of Economic Advisors, and Arthur Burns, former council chairman and now president of the bureau. Since it accurately foretold the 1947 and 1953 recessions, the index is now giving many an economist and businessman the recession...