n the stock market, which had steadily declined

rowth at the time), and had declined by 1% during Eisenhower's last twelve months in office.[140] Stagnation had taken a toll on the nation's labor market, as well: unemployment had risen steadily from under 3% in 1953 to 7%, by early 1961.[141]
The economy turned around and prospered during the Kennedy administration. GDP expanded by an average of 5.5% from early 1961 to late 1963,[140] while inflation remained steady at around 1% and unemployment eased;[141][142] industrial production rose by 15% and motor vehicle sales leapt by 40%.[143] This rate of growth in GDP and industry continued until around 1966, and has yet to be repeated for such a sustained period of time.[140] There were nevertheless some painful moments, as in the stock market, which had steadily declined since Kennedy's election, and which dropped a full 10% shortly after the administration's action on the steel

masters degree
Blown Fibre Cabling