1960 Economy and Prices

Economy

President: Dwight D. Eisenhower Vice President: Richard M. Nixon Population: 180,671,158 Life Expectancy: 69.7 years Dow Jones High: 685 Low 566 Federal Spending: $92.19 billion Federal debt: $290.5 billion Inflation: 1.4% Unemployment: 5.5%

Prices

Cost of a new home: $16,500 Cost of a gallon of regular gas: $0.31 Cost of a dozen eggs: $0.57 Cost of a gallon of milk: $0.49 Cost of a first-class postage stamp: $0.04

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