American Decades
Construction and Building
Record Construction.
The 1920s set records for building and construction that would not be equaled until the 1950s. Total construction in 1925 reached more than $6 billion, having risen from slightly more than $919 million in 1916. Commercial buildings were a favorite vehicle for investment, combining a hoped-for profit with civic pride, commercial competitive spirit, and "boosterism." For example, dozens of large, up-to-date urban hotels opened their doors late in the era; they were the best in town, and many remained the best until the 1950s when they were replaced.
Urban and Suburban Boom.
The great building boom of the decade was concentrated in the urban and suburban areas. By 1925 the downtown of most medium-sized and large cities was a thicket of scaffolding as office buildings, hotels, and apartment buildings vied with each other to reach the greatest heights, both financially and literally. In the suburbs...
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1920's Business and the Economy
- Overview
-
Topics in the News
- Carriers: Transportation
- Construction and Building
- Farms and Farmers
- Finance and Banking
- Government and Business
- Industry: The Aircraft
- Industry: The Automobile
- Industry: Radio and Broadcasting
- Labor: Workers and Unions
- The Modern Corporation
- Retail Trade and Marketing
- Speculation in Land: The Florida Boom and Crash
- The Stock Market: Boom
- The Stock Market: Crash
- The Stock Market: Effects of the Crash
- Headline Makers
- People in the News
- Deaths
- Publications
- Important Events in Business and the Economy, 1920–1929
