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Jimmy Carter: Council on Wage and Price Stability Message to the Congress Transmitting a Report.
Jimmy
Jimmy Carter
Council on Wage and Price Stability Message to the Congress Transmitting a Report.
January 31, 1978
Public Papers of the Presidents
Jimmy Carter<br>1978: Book I
Jimmy Carter
1978: Book I
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To the Congress of the United States:

In accordance with Section 5 of the Council on Wage and Price Stability Act, as amended, I hereby transmit to the Congress the eleventh quarterly report of the Council on Wage and Price Stability. This report contains a description of the Council activities during the second quarter of 1977 in monitoring both prices and wages in the private sector and various Federal Government activities that lead to higher costs and prices without creating commensurate benefits. It discusses Council reports and analyses concerning the following matters: (1) the collective bargaining agreement reached in the steel industry; (2) the availability of home insulation materials; (3) prospects for a fertilizer shortage; (4) the prices of bakery products; (5) the price behavior of auto parts; and (6) U.S. production capacity of cement. The report also discusses the Council's filings before Federal regulatory agencies.

The Council on Wage and Price Stability will continue to play an important role in supplementing fiscal and monetary policies by calling public attention to wage and price developments or actions by the Government that could be of concern to American consumers.

JIMMY CARTER
The White House,

January 30, 1978.


Note: The report is entitled "Quarterly Report: July 1977—Council on Wage and Price Stability, Executive Office of the President, Washington, D.C., No. 11" (Government Printing Office, 39 pages).
Citation: Jimmy Carter: "Council on Wage and Price Stability Message to the Congress Transmitting a Report. ," January 31, 1978. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. http://www.presidency.ucsb.edu/ws/?pid=29895.
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