Technology and Society: The Influence of Machines in the United States

By S. Mckee Rosen ; Laura Rosen | Go to book overview
Save to active project

CHAPTER V
CONSTRUCTION

A Vast Industry

Construction occupies a pivotal position among American industries, for of all the so-called heavy industries this one in particular exerts far-reaching effects upon the economy as a whole. Seldom can wide prosperity exist unless a vast amount of building is going on. Conversely, a decline in the index of construction is likely to accompany economic depression.


TABLE 3.—HOUSING, PLANT, AND EQUIPMENT CONSTRUCTION IN
THE UNITED STATES, 1921-1938*
Year Housing Construction
Plant and Equipment

1921

$ 1,997,000,000

$ 5,115,000,000

1922

3,387,000,000

5,690,000,000

1923

4,395,000,000

7,833,000,000

1924

4,772,000,000

7,602,000,000

1925

5,135,000,000

8,117,000,000

1926

4,838,000,000

9,030,000,000

1927

4,645,000,000

8,685,000,000

1928

4,355,000,000

8,747,000,000

1929

3,194,000,000

10,014,000,000

1930

1,824,000,000

8,262,000,000

1931

1,379,000,000

5,090,000,000

1932

515,000,000

2,790,000,000

1933

373,000,000

2,375,000,000

1934

419,000,000

3,395,000,000

1935

813,000,000

4,333,000,000

1936

1,374,000,000

5,922,000,000

1937

1,718,000,000

7,405,000,000

1938

1,594,000,000

5,375,000,000

Total

$46,727,000,000

$115,780,000,000

____________________
*
Estimates by George Terborgh, Federal Reserve Board, quoted in the New York Sun, January 6, 1940.

-94-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
Technology and Society: The Influence of Machines in the United States
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 474

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?