Word: percenting
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...Inflation is calculated as the percent change from four quarters earlier in the price index for personal consumption expenditures (PCE), published by the U.S. Department of Commerce...
...Just as the productivity slowdown was associated with a slower growth of real per capita income, the productivity resurgence since the mid-1990s has been accompanied by a pickup in real income growth. One measure of average living standards, real consumption per capita, is nearly 35 percent higher today than in 1995. In addition, the flood of innovation that helped spur the productivity resurgence has created many new job opportunities, and more than a few fortunes. But changing technology has also reduced job opportunities for some others--bank tellers and assembly-line workers, for example. And that is the crux...
...Total PCE inflation (four-quarter change) went from 5 percent in 1973:Q2 to 11.4 percent in 1974:Q4, an increase of 6.4 percentage points. If we take 1972:Q4, in which inflation was 3.4 percent, as the starting point, the increase in inflation to the 1974 peak was 8 percentage points...
...early proposals have come, for the most part, from the most engaged professors—accounting for less than 10 percent of the Faculty...
...Instead, Balasubramanian’s application was one of the 4,820 early applications that Yale received this past November that contributed to its 36 percent increase in early applications. Yale was not alone in seeing a jump in early application numbers. Georgetown reported an increase of over 30 percent in early applicants, and University of Chicago saw an increase of over 40 percent...