Word: dipping
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...drop in the so-called core inflation rate. This measures the rise in costs of production due to wages and spending for capital equipment. Unlike the consumer price index, it excludes temporary fluctuations in food, energy and housing costs. He forecasts that the core inflation rate will dip from a peak of 9.2% in 1980 to 7.5% this year...
CIVILIAN SPENDING. Under the President's proposals, total spending by all departments and agencies of the Federal Government other than the Department of Defense would actually dip by $800 million in fiscal 1983, to $541.7 billion. Tiny though that figure is in terms of modern-day Government, it would represent the first outright decline in nondefense spending since the Eisenhower Administration, and it would come despite continued large increases in Social Security, medical benefits and interest paid on the national debt...
...interest rates high. Administration officials complain that the Fed's erratic control of growth in the money supply scared lenders into keeping interest rates high. Whatever the cause, most economists now agree that the unemployment rate will gradually rise into the summer, perhaps hitting 10%, before beginning to dip again. White House officials fervently hope that by fall the rate, no matter how high, is headed in the right direction-down...
...actually are." Some 48% say they have more income than they need; 66% own their homes, and most have paid off the mortgage. Although fully 63% rely on Social Security as their biggest source of income, 88% have some savings, and they report less need than younger people to dip into savings to pay bills...
...Taking a Dip...