Gerald R. Ford photo

Message to the Congress Transmitting Quarterly Report of the Council on Wage and Price Stability.

March 16, 1976

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 fifth quarterly report of the Council on Wage and Price Stability. This report contains a description of the Council activities during the last quarter of 1975 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 in some detail the Council's studies in steel, automobiles, and industrial chemicals, as well as its filings before various Federal regulatory agencies.

During 1976, 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.

GERALD R. FORD

The White House,

March 16, 1976.

Note: The report, covering the period of September 1, 1975--December 31, 1975, is entitled "Quarterly Report, January 1976--Council on Wage and Price Stability" (Government Printing Office, 37 pp.).

Gerald R. Ford, Message to the Congress Transmitting Quarterly Report of the Council on Wage and Price Stability. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/257790

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