Hello superguy-ga,
The Bureau of Labor Statistics has put together this table showing the
monthly CPI for All Urban Consumers (CPI-U), and the yearly changes,
since 1913:
"Table Containing History of CPI-U U.S. All Items Indexes and Annual
Percent Changes From 1913 to Present" [title given at
http://www.bls.gov/cpi/#tables ]
U.S. Deparment of Labor: Bureau of Labor Statistics
ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
Inflation and deflation from 1665 to an estimated 2013 is provided in
the following chart:
"Inflation Conversion Factors for Years 1665 to estimated 2013", by
Robert C. Sahr (revised 2/18/2003)
Oregon State University
http://oregonstate.edu/Dept/pol_sci/fac/sahr/cf166503.pdf
I hope that this information is helpful.
- justaskscott-ga
Search strategy --
Searched on Google Images for:
deflation 1920
Searched on Google for:
nber macro history
"consumer price index"
[I tried other searches as well, but the searches I have listed led me
to the results I have cited.] |
Request for Answer Clarification by
superguy-ga
on
18 Apr 2003 08:30 PDT
Thank you for referencing the CPI tables, but they only help with half
the question posed; verification of declining costs of living for the
1920's. (I already had found the BLS site doing the same google search
you did.)
What I need are tables of US per capita income per year for the 1890's
and the 1920's -- ideally compared to the dollar amount of the per
capita dollar cost of living for those years. Also, any tables
showing income levels by decile would be helpful.
|
Clarification of Answer by
justaskscott-ga
on
18 Apr 2003 11:42 PDT
My apologies. I had thought, from the title of your question, that
you were only interested in deflation statistics, and that you had
mentioned that "wages were declining" only in passing, as background
for your interest in the deflation statistics.
Anyway, here are indexes of composite wages for the periods 1820 to
1909 (annual) and 1919 to 1946 (monthly):
"U.S. Index of Composite Wages 1820-1909"
National Bureau of Economic Research (NBER)
http://www.nber.org/databases/macrohistory/rectdata/08/a08061a.dat
"U.S. Index of Composite Wages 01/1919-07/1946"
NBER
http://www.nber.org/databases/macrohistory/rectdata/08/m08061c.dat
The titles and documentations for these indexes, along with other
statistics that you might find interesting (such as average hourly
money earnings in payroll manufacturing industries), are collected
here:
"NBER Macrohistory: VIII. Income and Employment"
NBER
http://www.nber.org/databases/macrohistory/contents/chapter08.html
Searched on Google for:
"hourly wages" 1890 1920
[As with my initial answer, I tried other searches as well. I tried
to find tables comparing wages to prices, without success. But I hope
that these tables I found will allow you to make these charts yourself
fairly easily.]
For future reference, I should note the pricing guidelines for Google
Answers:
http://answers.google.com/answers/pricing.html ]
|
Request for Answer Clarification by
superguy-ga
on
18 Apr 2003 15:13 PDT
The ideal would be a table showing MEDIAN family incomes compared to
median family living costs per quarter per year for the years 1920 to
1930. Next best would be showing Median White Male 8th grade
graduates incomes for the years 1920 to 1930 compared to their living
costs. I know this is not easy to find.
I just don't want to repeat work that's already been done and may be
available on the internet. Did you spot anything like that? This is
what I'll construct from the tables you referenced to me.
You've been generous with your time already. I'm currently
unemployed, but I get your point about payment guidelines.
Previously, as a stockbroker, I was enormously generous with my time
to people who could not pay me, which is why the firm fired me,
although the clients I served were thankful. For example, I spent
about 200 hours helping a small business decide to set up and fund
SIMPLE IRA's for their 10 employees. Since thay all selected money
market funds for the employer match, I was given the money market fund
payout -- 1/12 of 1/8 of 1% of the funds per month. (1/12 of 1/8 of
1/100 of 10 employees X $200 per month = 20 cents) I made about $25,
before taxes, the following year for about 200 hours work. Prison
pays more.
|
Clarification of Answer by
justaskscott-ga
on
18 Apr 2003 15:28 PDT
Sorry, I didn't see any tables like that.
And I'm sorry about your situation. For much of the time I've been a
Google Answers Researcher, this has been my only employment. So I
understand where you're coming from.
|
,
0 Comments
)