Great Depression in the United States/Tutorials: Difference between revisions
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imported>Nick Gardner No edit summary |
imported>Nick Gardner No edit summary |
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|align="center"|4.6 | |align="center"|4.6 | ||
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:::Source: Kendrik 1961 <ref name=Temin> Quoted in Peter Temin: ''Did Monetary Forces Cause the Great Depression?'', W W Norton 1976</ref> | |||
==Price Indexes== | ==Price Indexes== | ||
| Line 117: | Line 119: | ||
|align="center"|61.4 | |align="center"|61.4 | ||
|} | |} | ||
:::Source ''Historical Statistics''<ref name=Temin/> | |||
==Money Supply== | ==Money Supply== | ||
| Line 170: | Line 174: | ||
|align="center"|13.4 | |align="center"|13.4 | ||
|} | |} | ||
:::Source: Friedman and Schwartz <ref name=Temin/> | |||
==Output and Unemployment== | ==Output and Unemployment== | ||
(1935-39 = 100 and % of civilian labour force) | |||
:::::{| class="wikitable" | |||
! | |||
!style="background:#eeeeee;" |1929 | |||
!style="background:#eeeeee;" |1931 | |||
!style="background:#eeeeee;" |1933 | |||
!style="background:#eeeeee;" |1937 | |||
|- | |||
|align="center"|Industrial Production | |||
|align="center"|109 | |||
|align="center"|75 | |||
|align="center"|69 | |||
|align="center"|112 | |||
|- | |||
|align="center"|Unemployment | |||
|align="center"|3.1 | |||
|align="center"|16.1 | |||
|align="center"|25.2 | |||
|align="center"|13.8 | |||
|} | |} | ||
:::Sources | |||
Revision as of 10:44, 29 January 2009
GDP Trend
Chart 1: GDP annual pattern and long-term trend, 1920-40, in billions of constant dollars[1]
- ↑ based on data in Susan Carter, ed. Historical Statistics of the US: Millennial Edition (2006) series Ca9
Expenditure levels
- (billions of 1929 dollars)
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 Gross National Product 98.5 104.4 95.1 89.5 76.4 74.2 80.8 91.4 100.9 109.1 Consumer Spending 74.8 79.0 74.7 72.2 66.0 64.6 68.0 72.3 79.7 82.6 Gross Investment 14.5 16.2 10.5 6.8 0.8 0.3 1.8 8.8 9.3 14.6 Construction 9.8 8.7 6.4 4.5 2.4 1.9 2.0 2.8 3.9 4.6
- Source: Kendrik 1961 [1]
Price Indexes
(1947-49 = 100)
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 Wholesale Prices 62.9 61.9 56.1 47.4 42.1 42.8 48.7 52.0 52.5 56.1 Consumer Prices 73.3 73.3 71.4 65.0 58.4 55.3 57.2 58.7 59.3 61.4
- Source Historical Statistics[1]
Money Supply
(billions of dollars)
1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 M1 26.2 26.4 25.4 23.6 20.5 19.4 21.5 25.5 29.2 30.3 M2 46.1 46.2 45.2 41.7 34.6 30.8 33.3 38.4 42.8 45.0 High-powered money 7.1 7.1 6.9 7.3 7.8 8.2 9.1 10.7 12.2 13.4
- Source: Friedman and Schwartz [1]
Output and Unemployment
(1935-39 = 100 and % of civilian labour force)
1929 1931 1933 1937 Industrial Production 109 75 69 112 Unemployment 3.1 16.1 25.2 13.8
- Sources