Good Ol' Days Timeline 1952-1971

By toman.emma

  • Consumer Price Index (CPI)

    1.9

  • GDP

    6.90%

  • GDP Graph

    Dec 31, 1972 11.60%
    Dec 31, 1971 9.35%
    Dec 31, 1970 4.88%
    Dec 31, 1969 7.28%
    Dec 31, 1968 9.84%
    Dec 31, 1967 5.79%
    Dec 31, 1966 7.99%
    Dec 31, 1965 10.70%
    Dec 31, 1964 6.66%
    Dec 31, 1963 6.80%
    Dec 31, 1962 5.42%
    Dec 31, 1961 7.48%
    Dec 31, 1960 2.23%
    Dec 31, 1959 5.78%
    Dec 31, 1958 5.19%
    Dec 31, 1957 3.12%
    Dec 31, 1956 5.37%
    Dec 31, 1955 9.37%
    Dec 31, 1954 3.57%
    Dec 31, 1953 1.39%
    Dec 31, 1952 6.90%

  • Unemployment Graph

    1951 3.3
    1952 3.0
    1953 2.9
    1954 5.5
    1955 4.4
    1956 4.1
    1957 4.3
    1958 6.8
    1959 5.5
    1960 5.5
    1961 6.7
    1962 5.5
    1963 5.7
    1964 5.2
    1965 4.5
    1966 3.8
    1967 3.8
    1968 3.6
    1969 3.5
    1970 4.9
    1971 5.9
    1972 5.6

  • Unemployment

    3%

  • Today Show Debut

  • Excess Profit Tax Act

    This tax ends in 1952 allowing businesses to be more sucessful because it limited expansion in business.

  • Consumer Price Index Graph

    1952 4.3 2.3 1.9 2.3 1.9 2.3 3.1 3.1 2.3 1.9 1.1 0.8 1.9
    1953 0.4 0.8 1.1 0.8 1.1 1.1 0.4 0.7 0.7 1.1 0.7 0.7 0.8
    1954 1.1 1.5 1.1 0.8 0.7 0.4 0.4 0.0 -0.4 -0.7 -0.4 -0.7 0.7
    1955 -0.7 -0.7 -0.7 -0.4 -0.7 -0.7 -0.4 -0.4 0.4 0.4 0.4 0.4 -0.4
    1956 0.4 0.4 0.4 0.7 1.1 1.9 2.2 1.9 1.9 2.2 2.2 3.0 1.5
    1957 3.0 3.4 3.7 3.7 3.7 3.3 3.3 3.7 3.3 2.9 3.3 2.9 3.3
    1958 3.6 3.2 3.6 3.6 3.2 2.8 2.5 2.1 2.1 2.1 2.1 1.8 2.8
    1959 1.4 1.0 0.3 0.3 0.3 0.7 0.7 1.0 1.4 1.7 1.4 1.7 0.7
    1960 1.0 1.7 1.7 1.7 1.7 1.7 1.

  • Consumer Price Index (CPI)

    0.8

  • GDP

    1.39%

  • Unemployment

    2.9%

  • Dwight D. Eisenhower becomes President

  • Consumer Price Index (CPI)

    .7

  • GDP

    3.57%

  • Unemployment

    5.5%

  • Vogue

    Vogue

  • Consumer Price Index (CPI)

    -0.4

  • GDP

    9.37%

  • Unemployment

    4.4%

  • AFL-CIO form largest labor union

  • Monetary/Fiscal Policies

    Monetary base and interest rates have a positive relationship

  • Government Expenditures

    Government Expenditures were low so businesses thrived

  • Consumer Price Index (CPI)

    1.5

  • GDP

    5.37%

  • Unemployment

    4.1%

  • Drive-In

    Drive-In

  • Consumer Price Index (CPI)

    3.3

  • GDP

    3.12%

  • Unemployment

    4.3%

  • Consumer Price Index (CPI)

    2.8

  • Unemployment

    6.8%

  • GDP

    5.19%

  • CPI

    0.7

  • Unemployment

    5.5%

  • GDP

    5.78%

  • Alaska and Hawaii become states

  • CPI

    1.7

  • GDP

    2.23%

  • Unemployment

    5.5%

  • CPI

    1

  • GDP

    7.48%

  • Unemployment

    6.7%

  • John F. Kennedy becomes president

  • CPI

    1

  • GDP

    5.42%

  • Unemployment

    5.5%

  • Revenue Act 1962

    Established 7% investment tax credit

  • CPI

    1.3

  • GDP

    6.80%

  • UNemployment

    5.7%

  • John F. Kennedy Assassination

  • Monroe

    Monroe

  • CPI

    1.3

  • GDP

    6.66%

  • Unemployment

    5.2%

  • CPI

    1.6

  • GDP

    10.70%

  • Unemployment

    4.5%

  • Medicade and Medicare enacted

  • Monetary/Fiscal Policies

    Amplified the magnitude of business cycles

  • Government Expenditures

    Expenditures start to rise and businesses are losing sales

  • CPI

    2.9

  • GDP

    7.99%

  • Unemployment

    3.8%

  • CPI

    3.1

  • GDP

    5.79%

  • Unemployment

    3.8%

  • Civil Rights Act

  • First Super Bowl

  • VW Van

    VW Van

  • CPI

    4.2

  • GDP

    9.84%

  • Unemployment

    3.6%

  • CPI

    5.5

  • GDP

    7.28%

  • Unemployment

    3.5%

  • Neil Armstrong walks the moon

  • Coorporate Income Tax

    Added 10% to income tax

  • CPI

    5.7

  • GDP

    4.88%

  • Unemployment

    4.9%

  • Monetary/Fiscal Policies

    Banks tried to stabalize the interest rates

  • CPI

    4.4

  • GDP

    11.60%

  • Unemployment

    5.9%

  • Love Peace Joy

    Love Peace Joy