Empirical research shows that the so-called Phillips Curve phenomenon applies to Japan--as the jobless rate falls, core CPI inflation
rises.
Other culprits were the
rise in wages of auto workers-and those in other industries-without increases in productivity and the 1973 wheat deal with the Russians, which drove up prices by reducing domestic supply.
In the office sector, the modest recovery that seemed to be under way appears to have waned even though vacancy rates have continued to fall and transactions prices have continued to
rise.
In total, outlays for durable goods other than motor vehicles increased nearly 9 percent over the year, after a
rise of 10 percent in 1992.
While the median debt rose for all income groups, the
rise was most marked for those with incomes of 20,000-$29,000, a group for which debt increased nearly 50 percent.
For a while, the dollar's
rise appeared to be associated with expectations of capital gains on U.
Economic Projections In general, the Committee members, including the nonvoting Reserve Bank presidents, anticipate that real gross national product will grow moderately in 1989, that prices will
rise at a pace similar to, or perhaps slightly above, that of 1988, and that the unemployment rate will remain near its recent level--the lowest in a decade and a half.
This resurgence of OECD investment was demonstrated by the significant
rise in North American transaction value (particularly among mid-sized E&Ps), which underpinned a 50%
rise in global M&A activity - the first such
rise since 1998.
It's gratifying to see production
rise, particularly our oil production, as we accelerate our drilling program following the delays we encountered during the first half of this year," said President and CEO James E.
The biggest
rise in demand was in Aragon, up by 21.
The strongest
rise in the region was in Maine, where resales rose 14.
RISE Storage Networks, a French company established in 1997 specializing in network design and Storage Area Networks (SAN) and BiTMICRO(R) Networks, a pioneer in intelligent ATA / IDE, SCSI, USB, VME, Compact PCI, Firewire, Ethernet, and Fibre Channel flash solid-state storage solutions have agreed to cooperate and integrate the intelligent E-Disk(R) platform of flash memory solid-state storage solutions into
RISE's enterprise storage offerings.
Large-area ASPs are projected to
rise 6% Q/Q and 34% Y/Y on 7% blended ASP growth in LCD monitors and continued shifts to larger sizes.
Atari today announced that it has shipped "Terminator(R) 3:
Rise of the Machines(TM)," for the PlayStation(R) 2 computer entertainment system, the Xbox(TM) videogame system from Microsoft and Game Boy(R) Advance, to retail stores nationwide.
The other is a defensive strategy, in which the funds are used to hedge long-term bond portfolios, which generally suffer losses when interest rates
rise.
