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The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The minimum wage would be $13.46 in 2022 dollars if its real value had remained at the 1968 level. [79] [80] See chart to right. From January 1981 to April 1990, the minimum wage was frozen at $3.35 per hour, then a record-setting minimum wage freeze.
Real GDP per capita (measured in 2009 dollars) was $52,444 in 2017 and has been growing each year since 2010. It grew 3.0% per year on average in the 1960s, 2.1% in the 1970s, 2.4% in the 1980s, 2.2% in the 1990s, 0.7% in the 2000s, and 0.9% from 2010 to 2017. [138]
Unlike median statistics, per capita statistics are affected by extremely high and low incomes. According to the U.S Census Bureau "The per capita income for the overall population in 2008 was $26,964; for non-Hispanic Whites, it was $31,313; for Blacks, it was $18,406; for Asians, it was $30,292; and for Hispanics, it was $15,674." [28] [29
This graph shows the income since 1970 of different racial and ethnic groups in the United States (in 2014 dollars). [27] Since 1980, U.S. gross domestic product (GDP) per capita has increased 67%, [28] while median household income has only increased by 15%. Median household income is a politically sensitive indicator.
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At $30 per share. Dollar-cost averaging helps minimize losses. While both approaches show losses, the dollar-cost averaging strategy delivers a $2,550 loss, compared to a steeper $4,800 loss with ...
The upper graph shows the U.S. public debt in trillions of dollars while the lower graph shows the U.S. public debt as a percentage of GDP. (Data are from the 2009 U.S. Budget.) The President proposes a national budget to Congress, which has final say over the document but rarely appropriates more than what the President requests.