Estimated Amount of Respective Farm Products That Could Be Purchased with Average Earnings from One Hour's Labor in Selected Industries, 1909-14 Average, 1918 and 1942
Farm Products [in pounds] included: Cotton, Wheat, Corn Dry Edible Beans, Potatoes, Peanuts, Rice, Tobacco, Hogs, Beef Cattle, Butter, Milk, Eggs, Chicken. Industries included: All Manufacturing, Cotton Manufacturing, Iron and Steel, Woolen, Bituminous Coal, Clothing, Slaughtering and Meat-Packing, Boots and Shoes, Lumber (Sawmills), Hosiery and Knit Goods.
Details
Title
Estimated Amount of Respective Farm Products That Could Be Purchased with Average Earnings from One Hour's Labor in Selected Industries, 1909-14 Average, 1918 and 1942
Record Identifier
https://ageconsearch.umn.edu/record/343461
Language
English
Total Pages
2
Note
The computations are based on (1) prices received by farmers as published by the U. S. Department of Agriculture; (2) hourly earnings as reported in Real Wages in the United States, 1890-1926, by Paul Douglas, for the 1909-14 average and 1918 (with some series adjusted to the Bureau of Labor Statistics level); and (3) 1942 hourly earnings as reported by the Bureau of Labor Statistics. Farm prices are those received by farmers for the period August 1909 to July 1914 and the season average for 1918 and 1942. The five-year average for hourly earnings is the calendar years 1910-14.
