[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-321962-105":59,"doc-detail-321962-en":130},{"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":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","fiscal-gains-and-losses-by-states-income-and-purchasing-power-finance-facts-consumer-financial-behavior-teenage-summer-employment-in-large-cities-consumer-credit","FISCAL GAINS AND LOSSES BY STATES - Income and Purchasing Power - Finance Facts - Consumer Financial Behavior - Teenage Summer Employment in Large Cities - Consumer Credit","","Analysis based on fiscal 1965–1967 data shows richer states continued as net contributors to the Federal Treasury while poorer states were net receivers. Separate sections quantify how income and taxes affect purchasing power from 1949 to 1969, including inflation impacts and changes in social security and federal income taxation. Additional coverage tracks consumer financial behavior in early 1969 via personal tax and disposable income indexes, spending and saving shifts, and installment credit dynamics. It also reviews summer employment pressures for teenagers in large cities and month-specific changes in consumer credit.",{"@graph":69,"@context":122},[70,84,105],{"@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/fiscal-gains-and-losses-by-states-income-and-purchasing-power-finance-facts-consumer-financial-behavior-teenage-summer-employment-in-large-cities-consumer-credit/321962/",{"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/fiscal-gains-and-losses-by-states-income-and-purchasing-power-finance-facts-consumer-financial-behavior-teenage-summer-employment-in-large-cities-consumer-credit/321962.png","ImageObject",300,407,{"name":92,"@type":93},"Rowan","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-27","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"Which states were identified as top net gainers in the fiscal 1965–1967 analysis?","Question",{"text":112,"@type":113},"Alaska ($4.50), Hawaii ($2.30), the District of Columbia ($2.20), and North Dakota ($2.00) were listed as the four top gainers receiving two dollars or more back for each dollar contributed.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How did taxes and inflation change purchasing power between 1949 and 1969?",{"text":117,"@type":113},"The text explains that to maintain the same purchasing power, income needed to rise substantially by 1969. It attributes losses to price increases of about 50% and quantifies deductions for federal income taxes and social security taxes under updated rates and maximums.",{"name":119,"@type":110,"acceptedAnswer":120},"What consumer financial behavior changes are described for first quarter 1969?",{"text":121,"@type":113},"It reports rises across durable goods, nondurable goods, and services expenditure indexes, while the personal saving index fell. It also notes narrowing between credit extended and credit repaid, suggesting a shift toward using savings rather than debt financing.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},321962,1790651054,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":19,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":52,"preview_page_count":4},1099514067415,"https://ap-avatar.wpscdn.com/avatar/100002539d78ffe74a7?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779092875211072502","Any or all the mcterial in thia publication may he quoted or reproduced.  \n# FISCAL GAINS AND LOSSES BY STATES\n\nCountry's richer states have continued to be net contributors to theFederal Treasury and the poorer states net receivers,according to ananalysis of fiscal 1965-1967 data by The Conference Board.  \nFour top gainers-receiving two dollars or more back for each dollarcontributed-were Alaska($4.50),Hawaii($2.30),the District ofColumbia($2.20)and North Dakota($2.00).Receiving $1.70 foreach dollar contributed were Mississippi,New Mexico,South Dakotaand Virginia.Among the other major gainers were South Carolina($1.60)and Georgia,Alabama,Wyoming,and Montana(81.50 each).  \nStates receiving substantially less than they contributed were Delaware,$.50;Illinois,Michigan,and New York,$.60 each;New Jersey,Ohio,Pennsylvania,and Wisconsin,$.70 each;Indiana,New Hampshire,andOregon,$.80 each.  \n# INCOME AND PURCHASING POWER\n\nTo mainfain the same purchasing power,a man who earned $5,000 to$10,000 in 1949 would now have to earn about 60%again as much.  \nA married couple with two children having $5,000 income in 1949paid $344for Federal income and social security taxes leaving $4,656 incomeafter taxes.To have the same purchasing power in 1969,this couplewould need income of $8,100 before taxes.Prices have increased by50%so that $2,306 has been lost through inflation.The social securitytax has been increased from 1%on a maximum of $3,000($30)to 4.8%on a maximum of $7,800($374.40).Combined with the Federal incometax,the total of these two types of taxes at current rates would be  \n$1,138 this year.  \nTo equal the purchasing power of $10,000 income in 1949,the marriedcouple with two children would need $15,920 in 1969.Federal incomeand social security taxes would take $2,631 in 1969,up from $1,112in 1949,and $4,401 must be deducted from 1969 income to take accountof inflation.  \nFederal income taxes,despite the reductions in rates and liberalizationsof deductions introduced in 1964,are higher-income level by incomelevel-than two or three decades ago.The income tax surcharge of 10%,effective for nine months last year,may well be in effect for all of1969 and this is assumed in the above estimates.  \n# FINANCE FACTS\n\nA Monthly Publication on Consumer Financial Behaoior  \nJUNE 1969  \nNet Federal Budgetot Revenue,Fiscal 1965-1967)hd  we  \n0.8  la  \n0.8-1.1  \n1.2 rw  \nIncome in 1965 and 1969Necessary to Equal 1949  \nFINANCE FACTS  \nJUNE 1969  \n# CONSUMER FINANCIAL BEHAVIOR\n\nRise in personal tax index in first quarter 1969 to 258.1%of 1957-59average from 242.1 in fourth quarter 1968 reflects some rise in incomebut mainly the large final setlements made to compensate for underwithholding of taxes after surtax was passed in June last year.Disposable personal income index rose only 1.9 points from 187.4 infourth quarter 1968 to 189.3 in first quarter 1969.  \nLarge gains occurred in all three major types of consumer expenditures.Durable goods index rose 4.4 points to 212.0 in first quarter as gainsin furniture and appliances partly offset a decline in new car sales.Nondurable goods index rose 3.8 points and stood at 169.8 whileservices index continued steady climb to 206.8.  \nPersonal saving index dropped from 197.6 in fourth quarter to 170.5(lowest since fourth quarter 1966),while gap between credit extendedindex(232.0)and the credit repaid index(225.7)narrowed to 6.3points from 10.8 in fourth quarter.This suggests that consumers shiftedin part from debt financing in fourth quarter to use of savings in firstquarter 1969.  \nBased on 1957-59 average equal 100,the following table shows per-centages for first and fourth quarters 1968 and first quarter 1969.  \n19681969FirstFourthFirstQuarterQuarterQuarterPersonal Income _---          ---181.4193.9197.5202.1242.1258.1Disposable Personal Income   ………………-…178.7187.4189.3Personal Saving --……………………------197.1197.6170.5Durable Goods Expenditures…………………192.7207.6212.0Nondurable Goods Expenditures ---…160.9166.0169","cbCaiuSefk9WgdR7","https://ap.wps.com/l/cbCaiuSefk9WgdR7","pdf",1364909,"English","# FISCAL GAINS AND LOSSES BY STATES\n# INCOME AND PURCHASING POWER\n# FINANCE FACTS\n# CONSUMER FINANCIAL BEHAVIOR\n## CONSUMER CREDIT\n# TEENAGE SUMMR EMPLOYMENTIN LARGE CITIES","[{\"question\":\"Which states were identified as top net gainers in the fiscal 1965–1967 analysis?\",\"answer\":\"Alaska ($4.50), Hawaii ($2.30), the District of Columbia ($2.20), and North Dakota ($2.00) were listed as the four top gainers receiving two dollars or more back for each dollar contributed.\"},{\"question\":\"How did taxes and inflation change purchasing power between 1949 and 1969?\",\"answer\":\"The text explains that to maintain the same purchasing power, income needed to rise substantially by 1969. It attributes losses to price increases of about 50% and quantifies deductions for federal income taxes and social security taxes under updated rates and maximums.\"},{\"question\":\"What consumer financial behavior changes are described for first quarter 1969?\",\"answer\":\"It reports rises across durable goods, nondurable goods, and services expenditure indexes, while the personal saving index fell. It also notes narrowing between credit extended and credit repaid, suggesting a shift toward using savings rather than debt financing.\"}]","FISCAL GAINS AND LOSSES BY STATES - Income and Purchasing Power - Finance Facts - Consumer Financial Behavior - Teenage Summer Employment in Large Cities - Consumer Credit | PDF",1789960693]