What happened to economy of the US during the decades of the 1950s and 1960s?

During the 1950s and 1960s, the U.S. economy experienced significant growth characterized by rising consumer spending, increased industrial production, and a booming middle class. This period, often referred to as the post-war economic expansion, was fueled by factors such as the GI Bill, which helped veterans access education and housing, and a surge in automobile and housing construction. Additionally, technological advancements and the expansion of the defense sector during the Cold War contributed to sustained economic prosperity. However, this era also laid the groundwork for later economic challenges, including inflation and social inequality.