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Dun & Bradstreet Corp. Message Board

  • retirementfocus retirementfocus Feb 18, 2004 8:16 PM Flag

    Message to Allan Loren

    Think about the good people in the Lehigh Valley when it comes time for raises this year.
    -----------------------------------------
    From The Morning Call -- February 18, 2004

    Cost of living locally rose 3.3% in 2003
    That figure is 74% above the national inflation rate.

    ''Inflation was much higher than expected,'' said Kamran Afshar, a local economist who conducts the local price survey.

    Higher prices, or inflation, mean consumers' money didn't buy as much. A local worker who got a 3 percent raise last year was actually poorer than the year before because of the rise in prices

    http://www.mcall.com/news/local/all-a1_5cpifeb18,0,272450.story?coll=all-newsloc
    al-hed

 
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