Word: pricing
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Dates: during 1960-1969
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Last week the Government announced that prices rose at a faster rate during March than in any other month since the peak of the Korean War inflation. The increase was 0.8%, which, if continued at the same rate for a year, would bring an overall price advance of almost...
Portent of Decline. The consumer price index, of course, is a better indicator of the past than of the future direction of the economy. Says Economist Arnold Chase, assistant commissioner of the Bureau of Labor Statistics: "Prices tend to coast up even after the economy has begun to cool off. There has been no fuel added to the fire for several months." Several special circumstances, moreover, contributed to the March price increases. One was the fact that high interest rates were suddenly included in the figure for home ownership costs. Prices for used cars, which swung downward temporarily last year...
...cherished employees, he is working out the details of a more unusual plan. Under it, Eckerd would place 90% of his stock in his company in trust. Over a period of years, options would be granted to all employees to purchase stock at today's market price...
...this year as a result of the 1964 Kennedy Round of global tariff negotiations, imported autos still cost two or three times as much in Japan as in their country of origin. Ford's new semicompact Maverick, which sells for $1,995 in Detroit, carries a $4,167 price tag in Tokyo...
...Japanese labor costs still account for a substantial part of the price differential between Japan-made cars and American or German products. Auto workers in Japan are paid an average wage of 6? an hour, compared with $2.42 in West Germany and $5.30 in the U.S. Moreover, industrial output per man-hour has been rising by 21% a year since 1960, while total labor costs have been climbing by only 11%. With such economic advantages, Japanese automakers have lately been able to snare a rapidly increasing share of the world auto market. Auto and truck exports rose 51% last year...