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The CPI in 1952 was 26.5%
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The GDP for 1952 was 367,700M.$ with a rise by 4.1%
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The GDP Per Capita in 1952 was 2,351$ 4.3%
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The Unemployment rate in 1952 was 3.0%
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The Intrest Rates for 1952 was
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Trough
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-
In 1952 and 1953, the top federal income tax rate was 92 percent.
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Inflation in 1952 rose by 3.48 %
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This was because The United States Senate ratified a peace treaty with Japan.
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The U.S. Supreme Court limits the power of the President to seize private business, after President Harry S. Truman nationalizes all steel mills in the United States, just before the 1952 steel strike begins.
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Inflation in 1953 rose by 3.5%
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The CPI of 1953 26.8
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The GDP for 1953 was 389,700M.$ with a rise by 4.7%
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GDP Per Capita in 1953 was 2,452$ and rose by 4.3%
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The Intrest rates for 1953 was
-
Peak
-
-
In 1953, the top federal income tax rate was 92 percent.
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The Unemployment rate in 1953 was 2.9%
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The CPI for 1953 was so prosperous that The first Chevrolet Corvette was built at Flint, Michigan
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The United States tests the hydrogen bomb
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The CPI for 1954 was 26.9
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The GDP for 1954 was 391,100M.$ with a rise by -0.6%
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The GDP Per Capita in 1954 was 2,416$ it rose by -1.5%
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The Unemployment rate in 1954 was 5.5%
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The Intrest rates for 1954 was
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Contraction
-
-
The Dow Jones Industrial Average closes at an all-time high of 382.74, the first time the Dow has surpassed its peak level reached just before the Wall Street Crash of 1929
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Inflation in 1954 rose by 3.58%
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Inflation in 1955 rose by 3.63%
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The CPI for 1955 was 26.8%
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The GDP for 1955 was 426,200.$ with a rise by 7.1%
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GDP Per Capita in 1955 was 2,582$ it rose by 6.9%
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The Unemployment rate in 1955 was 4.4%
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The Intrest rates for 1955 was
-
Trough
-
-
– Ray Kroc opens a McDonald's fast food restaurant and, after purchasing the franchise from its original owners, oversees its national (and later, worldwide) expansion
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Inflation in 1956 rose by 3.71%
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The CPI for 1956 was 27.2%
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The GDP for 1956 was 450,200M.$ with a rise by 2.1%
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GDP Per Capita in 1956 was 2,678$ it rose by 3.7%
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The Unemployment rate in 1956 was 4.1%
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The Intrest rates for 1956 was
-
Expansion
-
-
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Inflation decreased by 3.64%
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CPI for 1957 was 28.1%
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The GDP for 1957 was 474,900M.$ with a rise by 2.1%
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GDP Per Capita in 1957 was 2,774$ and rose by 3.6%
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The unemployment rate in 1957 was 4.3%
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The Intrest rates for 1957 was
-
Peak
-
-
Soviets launch Sputnik; "space race" begins
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Inflation climbed back to 3.72%
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The Consumer Price index for 1958 was 28.9
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The GDP for 1958 was 482,000m.$ with a rise by -0.7%
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GDP Per Capita in 1958 was 2,768$ and rose by -0.2%
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The Unemployment rate in 1958 was 6.8%
-
Trough
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-
-
-
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The Intrest rates for 1958 was
