Friday, December 10, 2010

Economic Conditions in the US in 1949

President: Harry S Truman
Vice President: Alben W. Barkley
Population: 149,188,130
Life expectancy: 68.0 years
Homicide Rate (per 100,000): 5.4

US GDP (1998 dollars): $267.8 billion
Federal spending: $38.84 billion
Federal debt: $252.6 billion
Dow Jones High/Low: 200/161
Consumer Price Index: 23.8
Unemployment: 3.8%
Cost of a first-class stamp: $0.03


It was a time of great economic growth because of the re-building program established at the end of World War II.

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