meirwen_1988: (Inquiring minds)
meirwen_1988 ([personal profile] meirwen_1988) wrote2008-08-21 02:38 pm
Entry tags:

Research

So, I'm doing the Powerpoint history presentation for Winfield Chapter 418, OES, State of NY, 100th anniversary celebration. Getting to find out what $15 dollars in 1908 equals in 2008 dollars, among other totally useless pieces of information.

Yup--the fun never ends.


In 2006, $15.00 from 1908 is worth:
$339.01 using the Consumer Price Index
$253.34 using the GDP deflator
$768.22 using the value of consumer bundle
$1,461.40 using the unskilled wage
$1,945.07 using the nominal GDP per capita
$6,560.21 using the relative share of GDP
(GDP is "Gross Domestic Product" if, like me, you had no clue what it stood for)

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