Price Comparisons
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I ran into these data not too long ago while researching something else
and got intrigued and followed the Google "suggestions." I don't know what a 1977 dollar would be worth today [Google probably does], but I was a bit stunned. A noise blanker was worth almost $1K? Amateur Equipment Price list March 1977 Collins Radio Group Rockwell International Equipment COLLINS PART NO. LIST PRICE KWM2A TRANCVR 522-1792-000 $3533.00 KWM2A TRANS W/BLKR 522-1792-011 4427.00 75S3C RECVR 522-3317-000 3000.00 32S3A TRANS 522-2956-000 3250.00 30S1 LINEAR AMP 522-1286-000 7049.00 30L1 LINEAR AMP 522-2375-000 1689.00 73, Fred K6DGW - Northern California Contest Club - CU in the 2011 Cal QSO Party 1-2 Oct 2011 - www.cqp.org ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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On Mon, Jun 13, 2011 at 7:10 PM, Fred Jensen <[hidden email]> wrote:
> ...I don't know what a 1977 dollar would be worth today... Well, the CPI as reported by the St. Louis Federal Reserve was 224.43 at April 1, 2011, the most recent point; at April 1, 1977 it was 60.00. So if something cost $1 then and its price rose exactly in line with the CPI, it would cost $3.74 today. This sez that today's $3000 transceiver would have sold for $802 in 1977 dollars. In fact, as Fred's email points out, a nice S-line setup sold for many times that, an illustration of how the real prices of technology goods have come down over time. A 4-channel radio-control tranmitter sold for about $400 in those days, the equivalent of about 1500 bucks now -- but in fact you can go down to the hobby shop and buy one for less than $100. And of course so much of today's technology goods wouldn't have been available at any price. In 1977 I bought a Tektronix desktop computer for about $4000, the equivalent of nearly 15,000 of today's dollars. It had 16K of RAM, ran Basic programs that could only be a max of about 150 lines long, and stored programs on an internal cassette drive -- no data storage. Those of us who like hi-tech toys are able to indulge ourselves now more than ever. 73, Tony KT0NY ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by k6dgw
According to the Bureau of Labor Statistics, something that cost $1 in January 1977 would cost $2.83 today. The base year is 1982 (100) ... CPI-U in 1977 was 58.5 and April 2011 (last available data) was 224.9 73, ... Joe, W4TV On 6/13/2011 8:10 PM, Fred Jensen wrote: > I ran into these data not too long ago while researching something else > and got intrigued and followed the Google "suggestions." I don't know > what a 1977 dollar would be worth today [Google probably does], but I > was a bit stunned. A noise blanker was worth almost $1K? > > Amateur Equipment > Price list March 1977 > Collins Radio Group > Rockwell International > > Equipment COLLINS PART NO. LIST PRICE > KWM2A TRANCVR 522-1792-000 $3533.00 > KWM2A TRANS W/BLKR 522-1792-011 4427.00 > 75S3C RECVR 522-3317-000 3000.00 > 32S3A TRANS 522-2956-000 3250.00 > 30S1 LINEAR AMP 522-1286-000 7049.00 > 30L1 LINEAR AMP 522-2375-000 1689.00 > > 73, > > Fred K6DGW > - Northern California Contest Club > - CU in the 2011 Cal QSO Party 1-2 Oct 2011 > - www.cqp.org > ______________________________________________________________ > Elecraft mailing list > Home: http://mailman.qth.net/mailman/listinfo/elecraft > Help: http://mailman.qth.net/mmfaq.htm > Post: mailto:[hidden email] > > This list hosted by: http://www.qsl.net > Please help support this email list: http://www.qsl.net/donate.html > Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by k6dgw
Very interesting prices. I pulled out the May 1, 1969 Amateur
Pricing list from Collins and find the following prices >Equipment COLLINS PART NO. LIST PRICE >KWM2A TRANCVR 522-1792-00 $1250.00 >KWM2A TRANS W/BLKR 522-1792-011 1296.00 >75S3C RECVR 522-3317-000 850.00 >32S3A TRANS 522-2956-000 1065.00 >30S1 LINEAR AMP 522-1286-000 2200.00 >30L1 LINEAR AMP 522-2375-000 520.00 That's a pretty big multiple over only 8 years. 3 to 4 times. Something just doesn't seem to track. David K0LUM At 5:10 PM -0700 6/13/11, Fred Jensen wrote: >I ran into these data not too long ago while researching something else >and got intrigued and followed the Google "suggestions." I don't know >what a 1977 dollar would be worth today [Google probably does], but I >was a bit stunned. A noise blanker was worth almost $1K? > >Amateur Equipment >Price list March 1977 >Collins Radio Group >Rockwell International > >Equipment COLLINS PART NO. LIST PRICE >KWM2A TRANCVR 522-1792-000 $3533.00 >KWM2A TRANS W/BLKR 522-1792-011 4427.00 >75S3C RECVR 522-3317-000 3000.00 >32S3A TRANS 522-2956-000 3250.00 >30S1 LINEAR AMP 522-1286-000 7049.00 >30L1 LINEAR AMP 522-2375-000 1689.00 > >73, > >Fred K6DGW >- Northern California Contest Club >- CU in the 2011 Cal QSO Party 1-2 Oct 2011 >- www.cqp.org ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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Yes, inflation was rampant in the 1970's. I was fortunate:
A house that I purchased for $26K in 1969 sold in 1975 for $40k, and the house that I bought in 1975 for $42k sold 5 years later for $83k. That "profit" enabled me to have a house built in NC with little increase in my mortgage payments - and the same inflation continued through 1993 when that same house sold for $135k. It was a great "boom" for housing prices, and well before the advent of "creative" mortgage derivatives. During that same period, the price of gasoline went from $0.35 per gallon to well over $1.50. I don't recall my salary increases during that period, but the general expectations were as Ron has recounted. It was a time of economic turbulence, but unlike the economic downturn we have had recently where many jobs have been slashed -- most people kept their jobs during that 1970/80s turmoil. 73, Don W3FPR On 6/13/2011 11:06 PM, Ron D'Eau Claire wrote: > On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's, > hitting nearly 20% some years. > > Ron AC7AC > ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by AC7AC
Aahh, the 70's. Too many kids, not enough money
Fred K6DGW On 6/13/2011 8:06 PM, Ron D'Eau Claire wrote: > On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's, > hitting nearly 20% some years. > > Ron AC7AC ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by Don Wilhelm-4
Which South American Nation had inflation so bad that when people got paid they immediately bought electronics and appliances with their paychecks, because the value of those goods were rising faster than their inflation? I want to say it was Colombia... 73, Tom Amateur Radio Operator N5GE On Mon, 13 Jun 2011 23:35:24 -0400, Don Wilhelm <[hidden email]> wrote: > Yes, inflation was rampant in the 1970's. I was fortunate: >A house that I purchased for $26K in 1969 sold in 1975 for $40k, and the >house that I bought in 1975 for $42k sold 5 years later for $83k. That >"profit" enabled me to have a house built in NC with little increase in >my mortgage payments - and the same inflation continued through 1993 >when that same house sold for $135k. It was a great "boom" for housing >prices, and well before the advent of "creative" mortgage derivatives. > >During that same period, the price of gasoline went from $0.35 per >gallon to well over $1.50. >I don't recall my salary increases during that period, but the general >expectations were as Ron has recounted. It was a time of economic >turbulence, but unlike the economic downturn we have had recently where >many jobs have been slashed -- most people kept their jobs during that >1970/80s turmoil. > >73, >Don W3FPR > >On 6/13/2011 11:06 PM, Ron D'Eau Claire wrote: >> On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's, >> hitting nearly 20% some years. >> >> Ron AC7AC >> >______________________________________________________________ >Elecraft mailing list >Home: http://mailman.qth.net/mailman/listinfo/elecraft >Help: http://mailman.qth.net/mmfaq.htm >Post: mailto:[hidden email] > >This list hosted by: http://www.qsl.net >Please help support this email list: http://www.qsl.net/donate.html ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html
Amateur Radio Operator N5GE
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Chile had this problem too. Sometime in the 1980's.
matt W6NIA On Mon, 13 Jun 2011 23:37:43 -0500, you wrote: > >Which South American Nation had inflation so bad that when people got paid they >immediately bought electronics and appliances with their paychecks, because the >value of those goods were rising faster than their inflation? > >I want to say it was Colombia... > >73, >Tom >Amateur Radio Operator N5GE > > >On Mon, 13 Jun 2011 23:35:24 -0400, Don Wilhelm <[hidden email]> wrote: > >> Yes, inflation was rampant in the 1970's. I was fortunate: >>A house that I purchased for $26K in 1969 sold in 1975 for $40k, and the >>house that I bought in 1975 for $42k sold 5 years later for $83k. That >>"profit" enabled me to have a house built in NC with little increase in >>my mortgage payments - and the same inflation continued through 1993 >>when that same house sold for $135k. It was a great "boom" for housing >>prices, and well before the advent of "creative" mortgage derivatives. >> >>During that same period, the price of gasoline went from $0.35 per >>gallon to well over $1.50. >>I don't recall my salary increases during that period, but the general >>expectations were as Ron has recounted. It was a time of economic >>turbulence, but unlike the economic downturn we have had recently where >>many jobs have been slashed -- most people kept their jobs during that >>1970/80s turmoil. >> >>73, >>Don W3FPR >> >>On 6/13/2011 11:06 PM, Ron D'Eau Claire wrote: >>> On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's, >>> hitting nearly 20% some years. >>> >>> Ron AC7AC >>> >>______________________________________________________________ >>Elecraft mailing list >>Home: http://mailman.qth.net/mailman/listinfo/elecraft >>Help: http://mailman.qth.net/mmfaq.htm >>Post: mailto:[hidden email] >> >>This list hosted by: http://www.qsl.net >>Please help support this email list: http://www.qsl.net/donate.html > >______________________________________________________________ >Elecraft mailing list >Home: http://mailman.qth.net/mailman/listinfo/elecraft >Help: http://mailman.qth.net/mmfaq.htm >Post: mailto:[hidden email] > >This list hosted by: http://www.qsl.net >Please help support this email list: http://www.qsl.net/donate.html Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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Kevin say's it was Argentina, but during that time (Carter Administration) It was the worst I've ever seen. It started during the Nixon Administration though. Remember the wage freezes? 73, Tom Amateur Radio Operator N5GE On Mon, 13 Jun 2011 22:15:01 -0700, Matt Zilmer <[hidden email]> wrote: >Chile had this problem too. Sometime in the 1980's. > >matt W6NIA > >On Mon, 13 Jun 2011 23:37:43 -0500, you wrote: > [snip] ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html
Amateur Radio Operator N5GE
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In reply to this post by k6dgw
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Brgds,
Dave, N3HE Cincinnati OH |
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We were in India in 1993 for our son's (and daughter-in-law's) wedding. Her parents told us that every spare piece of change was converted to gold, because of inflation. I have a nice gold ring as a souvenir. We were asked to bring pots and pans as gifts.
Monty K2DLJ On Jun 14, 2011, at 6:04 AM, David Windisch wrote: > When Mr Collins himself was in control, iirc, the rumor in th '50s was that > the 'A4 cost about four large to manufacture, while, as a favor to fellow > hams, he let them steal it for ~$750. The beancounters eventually reined > him in. > Brgds, > Dave, N3HE > > -- > View this message in context: http://elecraft.365791.n2.nabble.com/Price-Comparisons-tp6472310p6473439.html > Sent from the Elecraft mailing list archive at Nabble.com. > ______________________________________________________________ > Elecraft mailing list > Home: http://mailman.qth.net/mailman/listinfo/elecraft > Help: http://mailman.qth.net/mmfaq.htm > Post: mailto:[hidden email] > > This list hosted by: http://www.qsl.net > Please help support this email list: http://www.qsl.net/donate.html ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by k6dgw
Using the Consumer Price Index as an adjustment mechanism, prices have risen by 360% between 1977 and 2011. That is, to buy something worth $100 in 1977, you'd have to pay $360 today. Another inflation adjustment mechanism that most economists consider more useful is the Gross Domestic Product Deflator. It shows a slightly lower rate of inflation -- mere $293 in 2011 equivalent to $100 in 1977. Inversely, $1.00 in 1977 is the same as 27.7 cents today.
You can run any CPI or GDP calculation at http://www.measuringworth.com/. It will calculate inflation between any two years (US Currency) from 1774 to the present. In the following table, I have converted the prices quoted by Fred Jensen into equivalent current prices using the GDP Deflator. The prices are mind-boggling. What this shows is that amateur radio equipment is a MUCH better value today than it was in 1977. Can you imagine paying #25K for a linear amplifier? Or $16K for a transceiver? For rough comparison purposes, a fully loaded factory-assembled K3 (subreceiver, 100 watt internal amp, ATU, 2 meter transceiver, P3 panadapter, full set of 8-pole filters, etc -- the works) would cost about $8,000, or almost exactly half the cost of a KWM2A. And yet it has vastly better capability than the Collins rig. If you compare to the value of any other manufacturers' rigs, YMMV. Thank you, Eric and Wayne! ------------- Equipment COLLINS PART NO. LIST PRICE EQUIVALENT 2011 PRICE KWM2A TRANCVR 522-1792-000 $3533.00 $12,718 KWM2A TRANS W/BLKR 522-1792-011 4427.00 $15,937 75S3C RECVR 522-3317-000 3000.00 $10,800 32S3A TRANS 522-2956-000 3250.00 $11,700 30S1 LINEAR AMP 522-1286-000 7049.00 $25,376 30L1 LINEAR AMP 522-2375-000 1689.00 $ 6,080 With respect to Jimmy Carter's presidency, which someone mentioned in an earlier post, overall inflation during his term in office was about 40%, or 9% compounded annually. That is, $1.00 at the beginning of his term was worth 71 cents when Reagan took office. By comparison, inflation in the following four years, the first Reagan term, was 18%, and 37% for Reagan's eight years in office, or about 4% per year compounded. 73 Lew K6LMP ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by k6dgw
In 1978 I priced a new 1-ton Ford pickup with large V8 at
$7,600. Today that will tip over $35,000. Ratio = 4.6. Gasoline in 1978 cost $0.75/gal in CA. Today it is running over $4.40. Ratio = 5.8+ In 1978, I made $23,000/year. When I retired I was making $74,900. Ratio = 3.25 ....shocking Last year my gross income was Ratio = 0.6 73, Ed - KL7UW, WD2XSH/45 ====================================== BP40IQ 500 KHz - 10-GHz www.kl7uw.com EME: 50-1.1kw?, 144-1.4kw, 432-100w, 1296-60w, 3400-? DUBUS Magazine USA Rep [hidden email] ====================================== ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
Re: Price Comparisons [END of Thread]
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Folks - Please self moderate on these OT threads. Once we get close to
ten postings on any OT non-Elecraft related, thread, please resist the temptation to post. [END of Thread] 73, Eric List Moderator --- www.elecraft.com On 6/14/2011 9:42 AM, Edward R. Cole wrote: > In 1978 I priced a new 1-ton Ford pickup with large V8 at > $7,600. Today that will tip over $35,000. ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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