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Time magazine has a page with pictures and stories from that recession HERE.
I wondered when someone would relate our current troubles to a recession that I remember from 50 years ago.
We lived in a public housing project, and my mom worked at a plant near the original Ford factory in Detroit. She got laid off from her job and didn't go back to work for a least a year. (Wikipedia says auto sales fell 31% from prior year).
(Specifics on Detroit recession from TIME are HERE, story says unemployment reached 15.1%).
I was 10 and all that I really remember was standing in long unemployment lines with my mom And for only time I can remember we took the bus and ashamedly came back with bags of surplus commodities, including a cheese brick and terrible tasting powdered eggs.
(On good news side, Explorer I, our first satellite, was launched on January 31st; more importantly for a 10 year old, the film House on Haunted Hill, with Vincent Price, came out).
Clarification 1: Clarified that 2 housing projects I referenced were public housing projects only, I count 6 additional HUD CDBG projects that also reference housing, none of those were in Portland.
Found the US Conference of Mayor's "Shovel Ready" report HERE.
I put together a DRAFT Oregon summary with a count of $$, jobs, and cost per job by sector and Oregon city HERE as a PDF; it also includes a list of all Oregon projects. [PDF is 7 pages, print on legal paper, landscape].
My initial review indicates that there were only 2 public housing projects in Oregon, in Eugene (568 housing projects nationally); I found 27 HUD CDBG funded projects from Oregon cities (total of 3,253 nationally). Within the 27 HUD CDBG funded projects I count 6 projects that also reference housing, none of those were in Portland.
Funding required for 11,800 job in Oregon exceeds $706 Million; Average funding required per job in Oregon is $59,570; Lake Oswego funding required per job is tops in Oregon at $114,000+ for claimed 700 jobs for sewer project. [My preliminary conclusion is that Oregon funding required per job is less than national average].
Candidly, it was a real pain to put this draft together, Mayor's organization clearly did NOT go out of their way to make the data accessible to the public [only format is PDF, and it's a crappy PDF format at that]; expect other open government groups will eventually post entire report as Excel.
Will post more details and views of Oregon data in next few days, including any corrections to this DRAFT analysis.
