Word: retailers
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...assert that the U.S. is already in recession. That conflicts with the views of most other economists, who expect the slump to start this summer. In one of his last reports for Chase Econometrics, a computerized forecasting service that he is leaving in September, Evans notes that housing starts, retail sales, personal income and especially new durable goods orders have either slowed or fallen sharply. His conclusion: "You can't have an 8½% drop in new orders in one month and avoid a recession...
...gross national product to last from the second quarter of this year through the first quarter of 1980. The slowdown, in Evans' view, will cause inflation to drop from its present 13% rate to about 8% by 1979's end. Chances of a leveling off of retail food prices are particularly bright because of the huge grain stockpiles and the possibility of another bin-busting crop this fall...
...room for a session that a White House aide said would plot "how we can best manage the projected gasoline shortfall this summer." The President also wanted to know why prices were rising so fast. For two hours, the oilmen gave him their version of the crisis. The gasoline retailers blamed the oil producers for zooming prices at the pumps. Sniped Victor Rasheed, president of the Virginia Retail Dealers Association: "There has been some price gouging, perhaps, by the oil companies." The oil producers, in turn, blamed the problem on a shortage of crude, chiefly caused by cutbacks in pumping...
...growers constitute a mere one-half of 1% of all farm families, but propping up their prices last year cost taxpayers and consumers $2.6 billion in support payments and artificially high retail prices for the sweetener. The subsidy system has also created an ever growing Government stockpile of sugar, currently 193,000 tons, that now lies rotting in Florida and Texas warehouses...
...other delicacy from the sea seems to excite American palates as much as Homarus americanus, more familiarly known as the lobster. Americans consumed some 50 million lbs. last year, and recent OPEC-style price increases in the retail cost of lobsters (up 145% per Ib. since 1969) have not curbed the U.S. appetite for the clawed crustaceans. By 1985 the National Marine Fisheries Service projects nearly a doubling of demand, to about 90 million lbs. But where will these lobsters come from...