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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 29, 1956

Page

2

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.

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.

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
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