Consumer Information Responsibilities of the Federal Government: Hearings Before a [Special Studies] Subcommittee of the Committee on Government Operations, House of Representatives, Ninetieth Congress, Second Session. June 27, 28, and July 25, 1967, Volumes 74-77

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Page 48 - ... the compilation and publication of general scientific and technical data resulting from the performance of the functions specified herein or from other sources when such data are of importance to scientific or manufacturing interests or to the general public, and are not available elsewhere...
Page 87 - Index (CPI) is a statistical measure of changes in prices of goods and services bought by urban wage earners and clerical workers,1 including families and single persons. The index is often called the "cost-of-living index," but its official name is Consumer Price Index for Urban Wage Earners and Clerical Workers.
Page 87 - Statistics (BLS), includes: . . . prices of everything people buy for living —food, clothing, automobiles, homes, housefurnishings, household supplies, fuel, drugs, and recreational goods; fees to doctors, lawyers, beauty shops; rent, repair costs, transportation fares, public utility rates, etc. It deals with prices actually charged to consumers, including sales and excise taxes. It also includes real estate taxes on owned homes, but it does not include income or personal property taxes.1 To be...
Page 90 - However, the representative must obtain a technical description of the substitute article, to insure that prices will be quoted on the same quality and quantity in the future.
Page 32 - I will be pleased to answer any questions you or members of the subcommittee may have. Mr.
Page 89 - ... earners and clerical workers in 1917-19. Because people's buying habits changed substantially by the mid-1930's, a new study was made covering expenditures in the years 1934-36 which provided the basis for a comprehensively revised index introduced in 1940 with retroactive calculations back to 1935. During World War II, when many commodities were scarce and goods were rationed, the index weights were adjusted to reflect these shortages. Again in 1950, the Bureau made interim adjustments, based...
Page 87 - The index is often called the "cost-of-living index," but its official name is Consumer Price Index for Urban Wage Earners and Clerical Workers. It measures changes in prices, which are the most important cause of changes in the cost of living, but it does not indicate how much families actually spend to defray their living expenses.
Page 5 - The right to Safety : to be protected against the marketing of goods hazardous to health or life. The Right to be...
Page 48 - Government use of the electromagnetic spectrum for telecommunications purposes; (6) compile, evaluate, publish, and otherwise disseminate general scientific and technical data resulting from the performance of the functions specified in this section or from other sources when such data are important to science, engineering, or industry, or to the general public, and are not available elsewhere...
Page 92 - ... makes every effort to keep these errors to a minimum, and corrects them whenever they are discovered subsequently. Precautions are taken to guard against errors in pricing, which would affect the index most seriously. The field representatives who collect the price data and the commodity specialists and clerks who process them are well trained to watch for unusual deviations in prices which might be due to errors in reporting. The Consumer Price Index represents the average movement of prices...

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