Index 1967 Equals 100 Index 1967 Equals 100
The text presents an index figure set where the year 1967 is used as the base value, equal to 100, with sequence data showing 140.0 and 137.4 as subsequent readings.
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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Aug 17, 1983
Page
30
The text presents an index figure set where the year 1967 is used as the base value, equal to 100, with sequence data showing 140.0 and 137.4 as subsequent readings.
The Federal Reserve reports industrial output jumped 1.8 percent in July driven by auto production and air conditioning, signaling the third quarter may match the second quarter's surge. Earlier gains included 1.1 percent in June and 1.3 percent in May, with economists noting ongoing recovery momentum.
Robert Ortner of the Commerce Department warns despite July gains. He expects the third quarter to be strong but below the second, with the fourth nearer a sustainable 4-5 percent growth rate without inflation. Utilities up 1.5 percent due to air conditioning, possibly easing consumer spending next months. The pace of recovery remains uncertain toward year end.
Stock prices eased on the New York Stock Exchange as traders faced uncertainty about near term interest rates. The Dow fell 3.05 to 1190.45 with volume at 71.8 million shares. Nasdaq dropped 1.92 to 299.85 and the NYSE composite dipped 0.24 to 94.46. Several tech issues led declines while losers outpaced gainers 874 to 660.
A garbled OCR fragment mentions Tots and Aub with scattered phrases and placeholders. The readable bits reference unclear names and locations, with no coherent event or outcome to summarize into a complete news item. The text lacks verifiable context or structure.
The dollar eased against most world currencies on predictions of lower U.S. interest charges and weaker Eurodollar deposits. Gold steadied with a London fix at 420.25 an ounce, down from 422.50, while New York quotes put gold at 419.90 and silver at 12.51 by Handy & Harman.
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