Word: rose
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Dates: during 1960-1969
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...after general business turns soft, have continued to climb. They are rising faster than wages?and wages are rising faster than workers' productivity. When productivity slackens, real labor costs go up, and companies often make up the difference by increasing the prices of their products. The cost of living rose 5.9% this year and has gone up by 20% since 1964. The dollar of that year is worth only 84¢ today...
...pastime is a wry reaction to a far more serious numbers game. As fast as incomes rose, the price of necessities seemed to rise even more steeply in 1969, and few wage-earners felt that they were better off than when the year began. An inflation sampler...
MANUFACTURED GOODS. Appliances cost more across the U.S. The price of a new car rose by an average $107. Clothes were more expensive almost everywhere, and rose an average 10% in Boston. Men's neckties commonly went up by 50? or $1-or more...
MEDICAL CARE AND PHARMACEUTICALS. In the year's first ten months, the price of medical care-doctors' bills, hospital services and drugs-rose by 5%. In Boston, a hospital bed could cost $85 a day, $10 more than last year, and the price of dental care advanced from $6 or $7 per filling a year ago to $9 to $10 today. Even aspirins were up, from 89? to 98? per 100 tablets. A mouthwash named Binaca cost 29? when it was introduced by a Swiss company five years ago; it has since been taken over...
ENTERTAINMENT. Movies were more expensive, up 25? per ticket in Manhattan's Radio City Music Hall. The cost of watching a Pittsburgh Steelers home game rose from $6 to $7-plus a 15? surcharge to help pay for a now abuilding stadium, whose estimated price increased from $32 million last spring to $35 million at present. In the taverns of the steel city, the 15? beer could be found no more; it now costs...