THE ECONOMY: Penny Pinch

Hardly a householder in the U.S. needed proof of it, but the U.S. Bureau of Labor Statistics last week sent out the news that the cost of living was up again. The overall hike in September amounted to .3% over August, bringing the current index to a record 125.2. Meaning: a dollar's worth by 1947-49 standards now costs the consumer $1.25.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!