Not too much of an impact, because the "baby boom" makers were still busy making babies. And the housing market was booming, especially in California...the logging industry in Oregon and California...
Employment was higher during the cold war due to defense construction/bases/and new technologies.
When the cold war ended; base closures took effect, causing unemployment around the bases...
Much of the US was worried about the possibility of a nuclear war. Civil Defense drills were common. Vast quantities of materials and effort were put into weapons development. If these had been...