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Typical family budgets rise with inflation in 1974 report
The Labor Department said a typical urban four person family needs 14 300 dollars a year for a moderate standard of living up from the previous year due to 12 4 percent inflation. Lower budgets show tighter living and austere costs while higher budgets assume larger spending. The report notes that food, housing and transportation drive most costs and that inflation has accelerated since last fall. A separate Miami case reports a federal jury awarding 2 3 million to Joan Wester man and family after a fatal crash linked to a Sears fire tire blowout plus related testimony about tire warranty and maintenance.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Miami
Sears, Roebuck and Co
Sears
Joan Wester
Hialeah
David
Dallas
Fox
Westerman
U.S. District Court
Joe Eaton
Westermans