area rate

In some areas rate levels were already beyond the limits which were regarded as socially and politically acceptable.

However, in the last few months as rates declined, New York area rates have held up longer because of heightened competition between some financial institutions.

Mr. Ehrenhalt said the gap between the national unemployment rate and the metropolitan area rates indicated the region's relative economic weakness.

Payment of the prevailing area rate, which may be different from the union rate, is not designed to exclude low-wage outsiders, as you would lead one to think.

New York Area Rates On the average, money market yields at all New York area banks fell 2 basis points, to 3.39 percent, and certificates of deposit were unchanged, at 3.52 percent for three-month certificiates and 3.69 percent for six-month certificates.