Cars on the Road

1919

6.7 million

1929

23 million

Percentage of Households with Radios

1925

19 percent (5,000,000 homes)

1929

35 to 40 percent

Sales of Radios

1922

$60 million

1929

$842.6 million

Wage Levels and the Price of a Ford Model T

Average Earnings

Price of a Model T

1912

$592

$600

1914

$627

$490

1916

$708

$360

1924

$1,303

$290

Stock Prices

Sep. 3, 1929

Nov. 13, 1929

1932 Low

American Telephone

304

197 1/4

70 1/4

General Electric

396 1/4

168 1/2

34

General Motors

72 3/4

36

7 5/8

New York Central

256 3/8

160

8 3/4

Radio

101

26

2 1/2

U.S. Steel

261

150

21 1/4

Index of Stock Prices

1926

176

1927

245

1928

331

1929

210

1932

30

Share of Disposable Income Going to the Richest 5 %

1920

24 %

1921

29 %

1922

29 %

1923

27 %

1924

29 %

1925

31 %

1926

31 %

1927

32 %

1928

34 %

1929

34 %

Shifts in Investment

Savings Deposits

Stocks

1921

-$1 billion

-$1 billion

1922

+$4 billion

$0

1923

-$1 billion

$0

1924

+$1 billion

$0

1925

$0

+$1 billion

1926

-$2 billion

$0

1927

+$3 billion

$0

1928

-$4 billion

+$1 billion

1929

$0

+$2 billion

Borrowing to Purchase Stocks as a Percentage of Total Consumer Debt

1900

1 percent

1910

2 percent

1920

3 percent

1929

5 percent

1933

2 percent

Business Investment

1920

$18 billion

1921

$ 9 billion

1922

$10 billion

1923

$15 billion

1924

$14 billion

1925

$15 billion

1926

$16 billion

1927

$15 billion

1928

$15 billion

1929

$16 billion

Family Income, 1929

over $10,000

2.3 percent

$5,000-10,000

8 percent

2,500-$5,000

19 percent

$2,000-2,500

11 percent

$1,500-2,000

18 percent

$1,000-1,500

21 percent

under $1,000

21 percent