Industrial Production: 70%
Gross National Product: 40%
Per Capita Income: 30%
Output per factory man hour: 75%
Corporate Profits: 62% (1923-1929)
Percentage Increase, 1899-1929: 331%
Percentage of American Industries powered by electricity, 1929: 50%
Total Spending
Pre World War I: $300-400 Million a year
1927: $1.5 Billion/ year
1929: $1.8 Billion/ year
1927 Spending
Newspapers: $690 Million
Direct Mail: $400 Million
Magazines: $210 Million
Billboards: $ 75 Million
Radio: $ 7 Million
1925: $1.38 Billion (Consumer Credit outstanding)
1927: 15% of all consumer durables bought on installment payments
60% of automobiles bought on installment payments
80% of radios bought on installment payments
1929: $3 Billion (Consumer Credit outstanding)
$7 Billion (Total Consumer Goods purchased on Credit)
Percentage of Banks Controlled by Top 1% of Banking Corporations: 46%
Percentage of industry controlled by top 200 Corporations: 50%
Percentage of industry controlled by top 600 Corporations: 65%
Percentage of corporate wealth controlled by top 200 Corporations: 49%
Percentage of all wealth controlled by top 200 Corporations: 22%
Number of business failures in 1926: 22,000
Number of banks in the United States, 1921: 31,000
Number of bank failures, 1921-1929: 7,000
Percentage Increase, 1923-29
Worker's incomes: 11%
Real Earnings (for employed wage earners) 22%
Average Work Week: -4%
Minimum income deemed necessary for a decent family standard of living: $2500
Percentage of American families with incomes under $2500 in 1929: 71%
Farm Production in 1919: $21.4 billion
Farm Production in 1929: $11.8 billion
Percentage of national income held by farmers in 1919: 16%
Percentage of national income held by farmers in 1929: 9%
Number of Farms Forced off the land in 1929: 435,000
Rise in per capita income for top 1% of population, 1920-1929: 75%
Rise in per capita income for nation as a whole: 9%
Percentage of American Families with no savings: 80%
Percentage of savings held by top .1% of Americans: 34%
Percentage of savings held by top 2.3% of Americans: 67%