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INnAn 1940 <br />2.8% <br />$ <br />YEAR DECRE.NSED <br />VALUE <br />5.14 <br />PuFCHASING <br />OF <br />$ <br />POWER OF <br />DOLLAR <br />5.28 <br />DOLLAR (%) <br />4.0% <br />$ <br />1940 <br />$ 1.00 <br />5.49 <br />1941 - 4.9% <br />.95 <br />$ <br />1942 - 9.7% <br />.86 <br />5.77 <br />1943 - 5.8%. <br />.81 <br />$ <br />1944 - 1.6% <br />.80 <br />6.09 <br />1945 - 2.2% <br />.78 <br />$ <br />1946 - 7.8% <br />.72 <br />6.34 <br />1947 - 12.6% <br />.63 <br />$•.20 <br />1948 - 7.2% <br />.58 <br />6.54_ <br />1949 + 1.0% <br />.59 <br />$ <br />1950 - 1.0% <br />.58 <br />6:93 <br />1951 -, 7.4% <br />.54 <br />$ <br />1952 - "2.28 <br />.53 <br />7.69 <br />1953 - .8% <br />.52 <br />$ <br />1954 - .4% <br />.52 <br />8.39 <br />1955 + .3% <br />.52 <br />$ <br />1956 - 1.58 <br />.52 <br />8.88 <br />1957 - 3.4% <br />.50 <br />$ <br />1958 - 2.7% <br />.48 <br />9.48 <br />1959 - .8% <br />.48 <br />$ <br />1960 - 1.6% <br />.47 <br />1961 - 1.18 <br />.47 <br />1962 - 1.3% <br />.46 <br />1963 - 1.2% <br />.46 <br />1964 -- 1.38. <br />_45 <br />1965. - 1_68 <br />.44- <br />1966 - 2.88 <br />.43 <br />1967 - 2.8% <br />.42 <br />1968 - 4.08 <br />.40 <br />1969 - 5.18 <br />.38 <br />_ <br />1970 - 5.68 <br />..36- <br />1971 - 4.18 <br />.35 <br />1972 - 3.2% <br />.33 <br />-1973 - 5_98 <br />.31 <br />1974 - 11.0% <br />.28 <br />1975 - 9.18 <br />.25 <br />1976 - 5.88 <br />.24 <br />1977 - 6.8% <br />.22 <br />1978' - 9.3% <br />.20 <br />Calculations based on U. S. Bureau of Labor Statistics <br />and Office of <br />1 0 <br />Management and Budget releases. <br />THE EFFECT OF INFLATION <br />This table shows the equivalents of $5.00 which was the "going" <br />rate for cable television service in 1966, the year that cable <br />television is often considered to have become an industry in the <br />state of Florida. <br />AS OF RATE OF % LOSS DUE EQUIVALENT <br />INFLATION TO INFLATION TO 1966 $5 <br />12/31/66 <br />2.8% <br />$ <br />.14 <br />$ <br />5.14 <br />12/31/67 <br />2.88 <br />$ <br />.14 <br />$ <br />5.28 <br />12/31/68 <br />4.0% <br />$ <br />.21 <br />$ <br />5.49 <br />12/31/69 <br />5.1% <br />$ <br />.28 <br />$ <br />5.77 <br />12/31/70 <br />5.68 <br />$ <br />.32 <br />$ <br />6.09 <br />12/31/71 <br />4.1% <br />$ <br />.25 <br />$ <br />6.34 <br />12/31/72 <br />3.2% <br />$•.20 <br />$ <br />6.54_ <br />12/31/73 <br />5.9% <br />$ <br />.39 <br />$ <br />6:93 <br />12/31/74 <br />11.0% <br />$ <br />.76 <br />$ <br />7.69 <br />12/31/75 <br />9.1% <br />$ <br />.70 <br />$ <br />8.39 <br />12/31/76 <br />5.8% <br />$ <br />.49 <br />$ <br />8.88 <br />12/31/77 <br />6.8% <br />$ <br />.67 <br />$ <br />9.48 <br />12/31/78 <br />9.3% <br />$ <br />.88 <br />$10.36 <br />Above calculations are based on U.S.Department of Labor Statistics <br />and U.S.Office of Management and Budget releases. <br />Note that official inflation figures are year-end. The financial <br />figures used by systems to justify rates are also year-end. There- <br />fore, credit for the inflation that occurred during the year that <br />previous rates were determined should be taken. <br />A fast formula for calculating equivalent dollars is as follows: <br />$5.00x1.028x1.028x1.04x1.051x1.056x1.041xl.032xl.059xl.11xl.091x <br />1.058xl.068xl.093=$10.36 <br />Although the Bureau of Labor Statistics and Office of Management <br />and Budget do release inflation figures in several business cate- <br />gories, there is no specific calculation for cable television and' <br />cable television does not fit any of the other categories, tt- 4 F��� <br />fore, the overall average rate of inflation applies. <br />