Word: year-ago
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...stocks dropped to 488,000 units, down 10% from a year ago, and 40% under the record high of last May. Total business inventories dropped below the year-ago level for the first time this year...
...Residential construction activity in July was a good 10% above the high year-ago level...
...prices slashed up to 37% on hundreds of items. TV makers, whose sets have been selling for months at big under-the-counter discounts, recognized the fact by officially cutting prices by $10 to $90. Food prices continued to slip and farm prices as a whole were 8% below year-ago levels...