New Consumer Price Index Shifts View on Budget Shocks
The Labor Department explains the 1950s shift to a new consumer price index that includes items now seen as essential by many households. Food shares have fallen from 28.18 percent in 1953 to 22.43 today as families spend more on housing, transportation, health, recreation, and luxuries like college tuition and moving expenses. The change helps explain why take home pay may not stretch as before even with higher incomes.
MENTIONED IN THIS ARTICLE
Labor Department
Bureau of Labor Statistics
Bureau
Arab Nations Plan Offensive Diplomatic Push
Delegations from 13 Arab nations met in Cairo to chart a worldWide diplomatic offensive against Israel. The talks echo the January pan Arab summit deciding envoys be sent to countries with Arab ties to urge support for the return of Palestine refugees to land in Israel.
MENTIONED IN THIS ARTICLE
Cairo
Israel
Boozed-Up Hogs Easy to Steal Warning Issued
Alabama farmers were urged to watch hogs that stagger oddly after a theft ring used bread soaked in bootleg whisky to intoxicate animals. Agriculture Commissioner A W Todd said hogs were loaded into vehicles without squealing as the ring moved them for theft.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama
A. W. Todd
Todd
Mayor Seeks City Clerk Post in Derby
Derby Connecticut mayor John L. Bartimore applied to the Board of Aldermen for the vacant city clerk position. The two term Democratic leader, earning $4000 annually as mayor of Derby, would take a higher salary of $5800 as city clerk.
MENTIONED IN THIS ARTICLE
Derby, Conn
John L. Bartimore
Board of Aldermen
Bartimore
Horny Coyotes? Coyote hunt nets rare owl catch
Sterling Colorado AP reporting a coyote hunt by 25 members of the Northeast Colorado Fish and Game Club yielded three horned owls captured among the day’s results, marking an unusual outcome in the event.
McNamara to face questions on secret All jet project
Secretary of Defense McNamara holds a Pentagon news conference amid renewed questions about the highly secret All jet program. President Johnson disclosed its existence after limited briefings, prompting debate over its purpose and potential roles in interception and reconnaissance.
MENTIONED IN THIS ARTICLE
Elton C. Fay
Washington
Robert S. McNamara
Pentagon
McNamara
Johnson
Reeminder
Edwards Air Force Base
Calif
Starte
Congress
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