Money's Worth 1956 Spending Shifts From Food to Housing
Sylvia Porter reports a decade after World War II, American families spend more and differently. Food share falls below 25 percent while auto outlays rise to 6.3 percent, clothing shrinks to 7.7, housing and services grow, and home ownership expands as medical and personal care rise in importance. The pattern reflects higher living standards and shifting priorities across income brackets.
MENTIONED IN THIS ARTICLE
New York
Enthusiao
Ife
Labor Department
Spending for medical care in a prosperous nation
The Cedar Rapids Gazette argues that rising medical costs reflect a large middle class and shifting spending patterns. It asserts that a prosperous, confident, peace-loving society can allocate more income to services, housing, autos, and other essentials, with food share shrinking.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Funda
Also Mentioned on This Page
Sylvia Porter
Bezder's Florist
Dial
Marion
Marion Bird
Gramercy Park
Dacron
Wembley
Dad
WORK
Oxfords
Fashionables
Jackie Nimble
L'Aiglon
Craemer's
Ming Tea
The
Wwe
Faille