Albert Rees

Council on Wage and Price Stability to Study Construction Wages

by Albert Rees September 28, 2009 Construction Industry Stabilization Committee (CISC)

Albert Rees, Director of the Council on Wage and Price Stability, announced today that the Council will conduct a study of collective bargaining agreements reached in the West Coast construction industry since the termination of the Construction Industry Stabilization Committee (CISC) on April 30, 1974. The study is prompted by the Council’s concern at the size of some recent […]

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Statement of Albert Rees Before the Joint Economic Committee

by Albert Rees July 24, 1975 Uncategorized

Mr. Chairman and Members of the Committee: I am most pleased to be with you again to discuss recent developments affecting prices and the rate of inflation and the prospects for the months ahead. Since I appeared before you in late February, the rate of inflation has first declined and then risen again. For the three months ended in […]

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Opening Remarks of Albert Rees at the Council’s Public Hearing on Construction Wages

by Albert Rees July 15, 1975 Uncategorized

The Council has been concerned with the special economic problems of the construction industry since last November, and has been working in cooperation with the Collective Bargaining Committee in Construction, which is chaired by the Secretary of Lahor, to improve the structure of collective bargaining in the industry. These efforts have been focused on two key areas — the San […]

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Notice of Public Hearing: Aluminum Price Increases

by Albert Rees July 8, 1975 Uncategorized

The attached notice which will appear in the Federal Register sets the time and place for the Council’s aluminum price hearings…

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Council on Wage and Price Stability to Study the Wholesale Price Index

by Albert Rees July 7, 1975 Uncategorized

Albert Rees, Director of the Council on Wage and Price Stability, announced today that the Council’s study of the Wholesale Price Index will be conducted by Professor Richard Ruggles of Yale University through the National Bureau of Economic Research. In a speech before the Washington Statistical Society on May 20, Mr. Rees criticized the WPI and announced that the […]

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Council on Wage and Price Stability Requests Delay in Aluminum Price Increases

by Albert Rees July 3, 1975 Uncategorized

The Council on Wage and Price Stability today requested the major aluminum producers who have announced price increases, the first of which are effective July 7, to delay these increases for 30 days. During that time the Council will hold a hearing on the aluminum price increases in order to put all the relevant factors on the record. Any further […]

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Statement by Albert Rees: Price Increases for Aluminum Ignot

by Albert Rees June 30, 1975 Uncategorized

“We are seriously concerned about the pri ce increases for aluminum ingot announced by Reynolds Metals Company. We have asked them for a complete justification and explanation of these increases. We have nothing further to say at this time. “

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Council on Wage and Price Stability to Study Selected Agricultural Machinery Products

by Albert Rees June 30, 1975 Uncategorized

Albert Rees, Director of the Council on Wage and Price Stability announced today that the Council staff will study costs of selected agricultural machinery and equipment. Prices have risen 22 percent since May 1974 for items such as wheel tractors, combines and haybalers. Data will be requested from the major manufacturers of these products.

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Memorandum For Correspondents: From Albert Rees on ALCOA

by Albert Rees June 27, 1975 Uncategorized

Albert Rees, Director of the Council on Wage and Price Stability, today issued the following statement: “The price increases for aluminum announced today by ALCOA are of serious concern to the Council. We have requested a complete explanation and justification of these increases.”

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Rees Makes Statement on Aluminum Price Increase

by Albert Rees June 25, 1975 Uncategorized

Albert Rees, Director of the Council on Wage and Price Stability, today issued the following statement: “The Council is seriously concerned about the price increases for a broad range of aluminum products announced this morning by Kaiser Aluminum and Chemical Corporation. It has requested a complete explanation and justification of these increases. It will be watching with great interest to see […]

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Testimony of Albert Rees Before the Subcommittee on Banking, Currency and Housing

by Albert Rees June 17, 1975 Subcommittee on Economic Stabilization: House Committee on Banking

Mr. Chairman and Members of the Subcommittee: It gives me great pleasure to appear today to discuss proposed amendments to the Council on Wage and Price Stability Act and related matters. I am accompanied today by our General Counsel, Mr. Vaughn Williams. The Council on Wage and Price Stability Act was passed August 20, 1974, and signed into law […]

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Statement of Albert Rees Before the Subcommittee on Domestic Marketing and Consumer Relations Committee on Agriculture House of Representatives

by Albert Rees June 10, 1975 U.S. Department of Agriculture

Mr. Chairman and Members of the Subcommittee: We are pleased to be here in response to your invitation to discuss farm-retail price spreads and related issues in food marketing and to present the views of the staff of the Council on Wage and Price Stability on these issues. I am accompanied this afternoon by Professor Richard King of North Carolina […]

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Council on Wage and Price Stability Commissions Hospital Industry Study

by Albert Rees June 5, 1975 Uncategorized

Albert Rees, Director of the Council on Wage and Price Stability, announced today that the Council has commissioned a Hospital Industry Price and Wage Study to be done by Martin Feldstein, Professor of Economics at Harvard University, who has written extensively on health care economics. The study will consist of three separate but closely related parts: (1) a general analysis […]

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Remarks of Albert Rees Director of the Council on Wage and Price Stability Before the Washington Statistical Society

by Albert Rees May 20, 1975 Uncategorized

The Council on Wage and Price Stability Act, Public Law 93-387, directs the Council to “improve wage and price data bases rer the various sectors of the economy to improve collectiv’e bargaining and encourage price restraint.” Because of its small size and limited budget, the Council cannot engage in the extensive, routine collection and processing of statistical data. For this […]

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Remarks of Albert Rees Director of the Council on Wage and Price Stability Before the Spring Board Meeting of the National Canners Association

by Albert Rees May 12, 1975 Uncategorized

From the beginning of our current efforts to bring inflation under control, we in the Council on Wage and Price Stability have had a special interest in the price of food. It is for that reason that I am particularly glad to be able to meet this morning with representatives of such an important segment of the food industry. […]

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