Word: risen
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Dates: during 1980-1989
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...group to drop from 44% to 36%. For those in their 30s, the rate fell from 61% to 53%. The increase in home prices has far outpaced the ability of young people to save the necessary down payment. A prime reason is the price of rents, which have risen even faster than home prices in many cities. Now interest rates are rising as a barrier once again. The average 30-year mortgage rate climbed to 10.56% last week, vs. 9.84% a year ago, as the Federal Reserve tightened up credit in response to renewed signs of inflation...
...December state-of-the-game message, Ueberroth proclaimed that minority employment in baseball has risen from 2% to 10% in two years and that minorities have filled 102 of the latest 282 front-office openings in areas like promotions and ticket sales. However, home-run king Henry Aaron, now player-development director for the Atlanta Braves, noticed that there are still no black general managers. "It sounds like the same old bull," he said...
President Bush promised during the election campaign to extend the VRAs when they expire next fall, but steel buyers like Caterpillar complain that prolonging the VRAs will boost costs. According to industry analyst Peter Marcus of PaineWebber, steel prices have risen 6% since early 1988, to $509 a $ ton, although after adjustment for inflation, they remain $40 less than five years ago. Critics are also concerned that a new set of VRAs will bring back Big Steel's complacency...
Hollywood's superagents have risen in power partly because takeovers and mergers have undermined the traditional influence of the major studios. Today very few actors and directors sign exclusive contracts with studios. Result: agents, who collect 10% of every dollar their clients earn, have become far more influential as matchmakers. Instead of merely peddling artists, they now help create custom-made projects for their stars...
...Producer Price Index for finished goods had risen 4 percent during 1988, the steepest climb in seven Years and nearly double the 2.2 percent increase posted in 1987. Many private economists expect further increases this year, although not at the double-digit levels that plagued the nation...