Word: indexable
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...China's regimented economy faltered, India reported its best economic year in history. Industrial production rose 15% over the 1959 industrial index of 151.9. The harvest is the biggest in Indian history...
Despite the outcry after Sputnik, the actual outlay of the average U.S. school district is only 1.7% more per pupil than in 1958. School Management magazine, which recently invented a "Cost of Education Index," reported last week that the average district puts out 10.1% more in dollars than in 1958, but school costs have risen 8.4%. And some areas are spending less in real dollars for education than at the time Sputnik soared and critics roared...
...into the total the number of pupils to be educated from the property tax. Result: the true wealth behind each pupil-if citizens cared to tax it heavily enough. Calculating what each district spent per pupil as a percentage of the wealth behind him gives the district's index of effort...
...high plateau was achieved despite November's drop in industrial production to 105 on the Federal Reserve Index (1957 = 100), lowest monthly rate since the steel strike a year ago. Moreover, business inventories in the fourth quarter were estimated to be dropping at an annual rate of $4 billion, v. an $11.4 billion rate of increase in the first quarter. The economy was kept steady by increasing demand. Led by good auto sales in October and November, retail sales held up in the quarter. Plant and equipment spending was steady and Government spending...
...earnings of factory workers kept pace with the living cost, also hit new records in October. They rose to $81.50 weekly, up 50? from September. Because of the cost-of-living index's rise, nearly 1,100,000 workers in the auto and farm-equipment industries will get a 2?-an-hour cost-of-living hike and another 80,000 workers a 1? hourly wage increase...