Word: steepest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...fear that his plans for stimulating the economy, chiefly through a $50 tax rebate for most Americans, will not help the economy and may spur inflation. To add to the worries of the business community, the Labor Department last week announced that wholesale prices leaped 1.1% in March, the steepest increase since October...
...ability to manage economic policy?and his hopes of going into the election with a nicely improving economy?Were challenged by the news that in September wholesale prices jumped at about an 11% annual rate, the steepest rise in eleven months, and that unemployment declined only a hair, to 7.8% (see ECONOMY & BUSINESS...
...about 6% in real gross national product this year and a decline in unemployment to somewhere between 7% and 7.5% by year's end. Last week the Department of Labor reported that the jobless rate dropped from 8.3% in December to 7.8% in January. That was the steepest monthly decline in more than 16 years, and especially welcome because the fact that the unemployment rate had stuck at 8.3% for two months had stirred worry that recovery was not progressing fast enough...
...Jones industrial average rose a total 24.32 points to close the week at a lofty 953.95, the highest mark since October 1973. In fact, since the market suddenly came alive after the new year, the Dow Jones industrials have gained a striking 101.54 points for one of the steepest rises on record...
...opened, the recession that began in December 1973 had deepened into a nosedive that for a time fulfilled the worst predictions of the glummest pessimists. In the first three months of 1975, the nation's output of goods and services plunged at an annual rate of 11.4%, the steepest drop in 30 years. Unemployment, which began soaring at the end of 1974, continued bounding up to a peak of 9.2% last May-the highest since before Pearl Harbor. Fear spread that the nation might have started on a downward spiral into depression...