WASHINGTON, April 20, 2016 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
FORD SETS UP ASSEMBLY LINE
Profile America — Wednesday, April 20th. The American automobile industry began to take off this month in 1913 — as Henry Ford set up the first moving assembly line in Highland Park, Michigan. Before the assembly line, workers spent over 12 hours building a single Model T. Afterward, it took only 93 minutes. Ultimately, a new car came off the assembly line every 24 seconds, and 15 million were built over the years of production. Prices dropped too. In 1909, a basic Model T cost $825 — by 1925, it was down to $260. Now, U.S. automakers — Ford still among them, of course — manufacture $111 billion worth of vehicles annually. You can find current data on the country's economy by downloading the 'America's Economy' mobile application at www.census.gov/mobile.
Speed of production/accessed 2/4/2016: http://www.willamette.edu/~fthompso/MgmtCon/Henry_Ford.html
Model T prices/accessed 2/4/2016: http://modelt.org/index.php?option=com_content&view=article&id=11:original-model-t-ford-prices-by-model-and-year&catid=5:history-and-lore&Itemid=1
U.S. auto sales value: http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ASM_2014_31VS101&prodType=table
Profile America is produced by the Center for New Media and Promotion of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Audio" in the "Library" pull-down menu).
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SOURCE U.S. Census Bureau