[citation needed] In 1937 he moved to The National Industrial Conference Board, where he spent the greater part of his career.
From 1944 to 1972 he was also adjunct professor of economics at the New York University, and worked as consultant for government and industry for decades.
"[2] The first detailed estimates of aggregate consumer expenditures for goods and services in the United States over a period of time appeared in William H. Lough with the assistance of Martin Gainsbrugh, High-Level Consumption, McGraw-Hill, New York, 1935.
The data for the later years were revised and extended by Harold Barger, Outlay and Income in the United States, 1921–1938, National Bureau of Economic Research, New York, 1942.
[5] In 1935, estimates of aggregate consumer expenditures in detail for 1909 and 1929 and selected years between were prepared by Martin Gainsbrugh and published in William H. Lough, HighLevel Consumption...