Drawing on a number of virtually uptapped sources of data, this book presents a vivid and extremely detailed picture of the daily lives of working and middle class American families from the end of World War 1 to the 1980s. This book will add discussion about how much the US can expect living standards to increase for the next generaion in a globalized economy.
I'm afraid I can't comment on the overall theme or argument of the book as I was taken up by the expenditure minutiae of the periods in question. Given it comes from government surveys it is a quite compelling (if dry) account of how people lived: how much they earned, where they lived, what they ate and what they wore.
While it has the same ISBN, the version I read is titled American Standards of Living 1918 - 1988, and was copyrighted 1994.