Word: juster
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Dates: during 1970-1979
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...falling production and profits, fast price rises and sky-high borrowing costs. Lionel D. Edie & Co., a New York economic consulting firm, cautioned clients in mid-August that the indicators showed no clear signal, but its latest advisory predicts a recovery starting in the fourth quarter. Dr. F. Thomas Juster, vice president of the National Bureau of Economic Research, which decides what business movements should be deemed "recessions," says he now doubts that the bureau will call the present trend by that politically charged name...