[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-321641-105":59,"doc-detail-321641-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","finance-facts-october-1968","FINANCE FACTS - October 1968","","Finance Facts October 1968 summarizes consumer financial behavior and key economic indicators. It explains how high school education relates to lifetime earnings, contrasts income trajectories for different education levels, and discusses family income gains in 1967. The issue also reviews businessmen’s expectations amid elections, the Vietnam war, and recent tax surcharge effects on prices and profits, then provides population, cost-of-living adjustments, consumer credit trends, and consumer expectations for new car demand and retail sales through early 1969.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/finance-facts-october-1968/321641/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/finance-facts-october-1968/321641.png","ImageObject",300,407,{"name":92,"@type":93},"Finn","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",12,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"How does high school education affect lifetime income?","Question",{"text":113,"@type":114},"The document states that, on average, four years of high school return 16% more income by age 21 and 38% more income over a lifetime compared with less schooling. It also provides benchmark earnings for high school graduates versus elementary school graduates.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What factors shape businessmen’s expectations in this issue?",{"text":118,"@type":114},"The outlook is described as affected by election, the Vietnam war, and the precise effect of a recently enacted tax surcharge. The survey indicates impacts on prices and profits, including shifts in the profit outlook.",{"name":120,"@type":111,"acceptedAnswer":121},"What changes are reported in consumer credit during July?",{"text":122,"@type":114},"Consumer instalment credit increased by $682 million in July after seasonal adjustment, described as the largest expansion since November 1965. Noninstalment credit rose by $197 million, with much of the increase in single-payment loans.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},321641,1790620001,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":19,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":52,"preview_page_count":4},34359740700684,"https://ap-avatar.wpscdn.com/avatar/1f400023980c374ae676?_k=1777273430885731487","Any or all the material in this publication may he quoted or reproduced.  \nHIGH SCHOOL PAYS OFF,  \nFour years of high school on the average will return 16%more income atage 21 and 38%more income over a lifetime.Detailed study by CensusBureau reveals that average income in 1966 of 21-year old men whohad completed high school was $3,495.For those 21-year olds whohad completed elementary school but had no further schooling,theaverage income was $3,021.Expected lifetime income for the highschool graduate was $341,000 and for the elementary school graduate$247,000.  \nAt 18,high school graduate has disadvantage of no work experience.Onaverage his income is below that of elementary school graduate whohas been working for some time.However,at 19 high school graduatemay anticipate income nearly equal that of elementary school gradu-ate,and from 20 on to have considerably higher income,reaching apeak of $8,387 at age 48.This is in contrast to peak income for elemen-tary school graduate of $6,054 at age 44.  \n# FAMILY INCOME\n\nFamily income continued its upward trend in 1967.Estimated medianincome of families in the United States reached $8,000 for the firsttime,up by 6.5%from $7,500 the previous year.With prices also risingbetween 1966 and 1967,the gain in real purchasing power averagedabout 4%,in line with the trend of recent years.  \n# BUSINESSMEN’S EXPECTATIONS\n\nConfusing the economic outlook are such question marks as the election,the war in Vietnam,and the precise effect of the recently enacted taxsurcharge.Faced with all these imponderables,businessmen generallyremain fairly optimistic about the prospect for sales,according to Dun&Bradstreet's latest quarterly survey.But the more than 1,500 cor-porate executives interviewed also reflect very clearly the impact ofthe tax surcharge.It shows up in two areas:prices and profits.Themost conspicuous shift of all in business expectations concerns theprofit outlook.  \nAlthough it appears that many of the businessmen expect the bite of thetax surcharge to take its toll in their profits,others will be looking tominor price increases to offset the drain.After some softening on theprice front three months ago,opinion rebounded as 59%predicted  \n# FINANCE FACTS\n\nA Monthly Publication on Consumer Financial Behavior  \nOCTOBER 1968  \nBusinessmen'sExpectations10TML MommLY SALERALE OPTIM18 IDNDEX80MCn:Daperimem of Cammero indutny tudlo DupermentDvn redtreet,toe.  \nFINANCE FACTS  \nOCTOBER 1968  \nU.S.Population  \nadvances over last year.Also,an emphatic three out of four retailers 0questioned are looking to a continued rise in prices.The Sales Opti-mism Index dropped only a modest three points,continuing the ebbwhich began in the third quarter,yet maintaining a higher level thanany time during 1967.Retailers and manufacturers remained mostoptimistic,while three out of four of all those interviewed predicted arise in sales for the fourth quarter over the same period a year earlier.  \n## HOW MANY,HOW OLD\n\nPopulation of U.S.in July 1968 was 201.2 million as reported by CensusBureau.The 119.8 million adults,those 21 years of age or over,com-prised 60%of the population.Among the adults,25.1 million are theyoung adults 21-29 years of age,46.8 million are 30 to 49 years old,  \n28.8 million are 50 to 64 years old,and 19.1 million are 65 years old orover and mostly retired.  \nAs total population increased by 12%since 1960,the 18 to 20 year oldsincreased by 48%,the 21 to 29 year olds by 27%and 5 to 17 year oldsby 19%.However,the number under 5 years old declined by 9%andthe number 30 to 49 years old declined by 1%.  \n## COST-OF-LIVING ADJUSTMENTS\n\nAbout a million workers will receive pay increases based on the nationaland city consumer price indexes for July.The majority of those af-fected,about 800,000,are employed in the automobile,automotiveparts,and farm and construction equipment industries.These work-ers will receive an added 8 cents per hour-the maximum permittedin the first annual adjustment under their ","cbCaisq4otZvQGzs","https://ap.wps.com/l/cbCaisq4otZvQGzs","pdf",1396684,"English","# High School Pays Off\n# Family Income\n# Businessmen’s Expectations\n# Finance Facts\n## How Many, How Old\n## Cost-of-Living Adjustments\n## Consumer Credit\n## Consumer Expectations","[{\"question\":\"How does high school education affect lifetime income?\",\"answer\":\"The document states that, on average, four years of high school return 16% more income by age 21 and 38% more income over a lifetime compared with less schooling. It also provides benchmark earnings for high school graduates versus elementary school graduates.\"},{\"question\":\"What factors shape businessmen’s expectations in this issue?\",\"answer\":\"The outlook is described as affected by election, the Vietnam war, and the precise effect of a recently enacted tax surcharge. The survey indicates impacts on prices and profits, including shifts in the profit outlook.\"},{\"question\":\"What changes are reported in consumer credit during July?\",\"answer\":\"Consumer instalment credit increased by $682 million in July after seasonal adjustment, described as the largest expansion since November 1965. Noninstalment credit rose by $197 million, with much of the increase in single-payment loans.\"}]","FINANCE FACTS - October 1968 | PDF",1789959873]