THE ECONOMY: H.C.L Climbs Again

For the seventh month in a row, the U.S. cost of living crept upward, but the total February-to-September rise was less than 2%. Last week the Bureau of Labor Statistics announced that its index (1947-1949 = 100) reached 115.2 in mid-September. It stood at 113.4 m February, 115 in August. Between August and September food prices dropped a little, but the decline was more than offset by increased costs for clothing, housing, recreation, medical care, services.

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