The prospects for building construction in American cities . 1900. 1905 1910 1915 1920 Diagram 3.—Millions of dollars worth of building permits granted in 50 citieseach year from 1900 through 1921, after figures have been converted to what theywould have been if costs of building had been at the 1913 level during entireperiod rapidly until it reached S44 in 1905 and then fluctuated until1916, when it was $34. At this point the serious shortagebegan to develop. In 1917 the per capita amount fell to $18,and in 1918 to $9. The three years since then have shownincreases, but the totals have been f
The prospects for building construction in American cities . 1900. 1905 1910 1915 1920 Diagram 3.—Millions of dollars worth of building permits granted in 50 citieseach year from 1900 through 1921, after figures have been converted to what theywould have been if costs of building had been at the 1913 level during entireperiod rapidly until it reached S44 in 1905 and then fluctuated until1916, when it was $34. At this point the serious shortagebegan to develop. In 1917 the per capita amount fell to $18,and in 1918 to $9. The three years since then have shownincreases, but the totals have been far below normal through Diagram 4 there is a heavy slanting line. [13] This indicates the estimated normal amount of building overthis period. It is a line drawn by the mathematical methodof least squares, and it is based on the data for the years from1900 through 1916. It may be defined as a line that representsmore accurately than could any other line that might be drawn
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Keywords: ., bookcentury1900, bookdecade1920, booksubjectbuildin, bookyear1922
