-
-
The United States joins the war against Korea with the UN.
-
Inflation Rate = 1.3%
Nominal Household Income = $4,000
Inflation Adjusted Household Income = $24,000
GDP = $2.27 trillion
Unemployment Rate = 6.50%
30 Year Mortgage Rate = 4.7% -
On this date, Kansas had the worlds most expensive hailstorm causing $1.4 million in crop damage, and $14 million in property damage.
-
Inflation Rate = 7.9%
Nominal Household Income = $4,100
Inflation Adjusted Household Income = $24,500
GDP = $2.40 trillion
Unemployment Rate = 3.70%
30 Year Mortgage Rate = 4.9% -
On this date, the vaccine was created to cure polio.
-
Inflation Rate = 1.9%
Nominal Household Income = $4,250
Inflation Adjusted Household Income = $25,00
GDP = $2.53 trillion
Unemployment Rate = 3.20%
30 Year Mortgage Rate = 4.95% -
Fire ceased on this date in Korean with over 3 million casualties caused by the actions.
-
Inflation Rate = 0.8%
Nominal Household Income = $4,400
Inflation Adjusted Household Income = $25,750
GDP = 2.54 trillion
Unemployment Rate = 2.9%
30 Year Mortgage Rate = 5% -
On this date, the first atomic submarine the Nautilus was tested.
-
Inflation Rate = 0.7%
Nominal Household Income = $4,600
Inflation Adjusted Household Income = $26,800
GDP = $2.61 trillion
Unemployment Rate = 4.9%
30 Year Mortgage Rate = 5.1% -
The two largest American labor unions joined together on this date.
-
Inflation Rate = -0.4%
Nominal Household Income = $4,750
Inflation Adjusted Household Income = $27,500
GDP = $2.78 trillion
Unemployment Rate = 4.9%
30 Year Mortgage Rate = 5.2% -
On this date, the first telephone cable was created.
-
Inflation Rate = 4.5%
Nominal Household Income = $4,900
Inflation Adjusted Household Income = $28,400
GDP = $2.84 trillion
Unemployment Rate = 4%
30 Year Mortgage Rate = 5.3% -
After the launch of the satillite Sputnik, the US and the USSR started the Space Race.
-
Inflation Rate = 3.3%
Nominal Household Income = $5,000
Inflation Adjusted Household Income = $29,800
GDP = $2.85 trillion
Unemployment Rate = 4.2%
30 Year Mortgage Rate = 5.35% -
The US launched their first satillite into space.
-
Inflation Rate = 2.8%
Nominal Household Income = $5,100
Inflation Adjusted Household Income = $31,200
GDP = $2.92 trillion
Unemployment Rate = 5.80%
30 Year Mortgage Rate = 5.7% -
The US adds Alaska and Hawaii as the 49th and 50th states.
-
Inflation Rate = 0.7%
Nominal Household Income = $5,250
Inflation Adjusted Household Income = $32,000
GDP = $3.06 trillion
Unemployment Rate = 6%
30 Year Mortgage Rate = 5.85%
