Word: indexes
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Dates: during 1980-1989
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...factors, including certain chemicals. When that happens, the message may become jumbled, possibly increasing the risk of cancer. Some scientists say chromosome damage may also be linked with birth defects and spontaneous abortion. But were the tests conducted by Houston's Biogenics Corp. for the EPA a true index of genetic mayhem from Love Canal...
...fears that costs would keep rising, seems to have lost its grip. A public increasingly concerned about job security has begun to pull back at the check-out counter. Installment debt rose by only $1.4 billion in March, a 38% drop from the February rate; the consumer confidence index of the Conference Board, a Manhattan-based business study group, reached its lowest level since the 1974-75 recession...
...jobless surge shows that the Administration's painful, but unavoidable, policy is at last beginning to take hold. Supporting evidence that the economic downturn could be a lot sharper than previously expected came from the Commerce Department. It reported that its index of leading economic indicators, which predicts future economic movements, plunged 2.6% in March. That was the largest one-month drop since the 1974-75 recession. Anti-Inflation Adviser Alfred Kahn, with his characteristic candor, said last week: "The country now faces the dilemma we have so long feared, the twin ugly evils of accelerating inflation...
...last week declined to 19% at some banks. Despite other signs of a downturn, including the Dow Jones industrial average's two-year low of 759.13 last week before it rebounded more than 30 points the following day, inflation continues to roar ahead. In March the Consumer Price Index rose another 1.4%, which would be a compounded annual rate of 18.2%. This dampens all hope for any substantial drop in interest rates soon...
There were some signs that the cooling of the economy is taking hold. Last week the Commerce Department announced that its Index of Leading Economic Indicators had declined for the fifth straight month, dropping 0.2% in February. Normally, three consecutive drops in the index is considered evidence of an upcoming recession. Unemployment last month also edged up to 6.2% from February's 6%, while inflation continued to roar ahead. Prices paid to producers increased 1.4% in March, a stunning annual rise of 18.2%. The auto industry is certainly slowing down. Car sales slumped 18% last month from the same...