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Title: Automobiles, the Mass Market and the Retail Revolution of the Early Twentieth Century: A Structural Analysis of Changes in American Retail Institutions, Market Power, and Labor Demand

Citation Type: Journal Article

Publication Year: 2008

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Abstract: The retail store is a ubiquitous feature of the modern American economy. Over 15 million Americans, 11.3 percent of the work force, work in retail trade. 1 Retailers employ more workers than all other private employers except professional/business services and the healthcare industry. Retail sales account for over 43 percent of personal consumption and 30 percent of GDP. Only manufacturing and wholesale sales are a larger share of the economy. 2 While these figures provide an indication of the size of the industry, they do not …

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Authors: Neumann, Todd C.

Periodical (Full): Journal of Economic History

Issue: 2

Volume: 68

Pages: 591-594

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Other

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