Despite the comeback of U.S. industry, signs of more inflation have yet to appear in the economy. The Labor Department reported last week that the consumer price index, which fell in August, stayed level in September, at 123.7% of the 1947-49 average. The Commerce Department also found the upturn still going strong. It noted that "the more volatile indicators have been advancing for several months, and those which usually lag are now showing signs of improvement." Items:
ΒΆ The nation's department-store sales for the week ending Oct. 18 were up 6% from a year ago, bringing sales to date in...
To continue reading:
or
Log-In
