Federal Spending Slows, Slightly
1945
USA
A review from the start of the Great Depression.
Year |
Receipts |
Spending |
Growth |
Unep. |
|
1929 |
— |
— |
— |
3.2% |
Hoover era, Great Depression begins |
1930 |
4.2% |
3.4% |
-9.4% |
8.7% |
|
1931 |
3.7% |
4.3% |
-8.5% |
15.9% |
|
1932 |
2.9% |
7.0% |
-13.4% |
23.6% |
|
1933 |
3.5% |
8.1% |
-2.1% |
24.9% |
New Deal begins, contracion ends March |
1934 |
4.9% |
10.8% |
+7.7% |
21.7% |
|
1935 |
5.3% |
9.3% |
+8.1% |
20.1% |
|
1936 |
5.1% |
10.6% |
+14.1% |
16.9% |
|
1937 |
6.2% |
8.7% |
+5.0% |
14.3% |
recession begins, May |
1938 |
7.7% |
7.8% |
-4.5% |
19.0% |
recession ends, May |
1939 |
7.2% |
10.4% |
+7.9% |
17.2% |
|
1940 |
6.9% |
9.9% |
|||
1941 |
7.7% |
12.1% |
|||
1942 |
10.3% |
24.8% |
|||
1943 |
13.7% |
44.8% |
|||
1944 |
21.7% |
45.3% |
|||
1945 |
21.3% |
43.7% |
Receipts: Tax receipts as a percentage of the Gross Domestic Product.
Spending: Federal spending as a percentage of the Gross Domestic Product.
Growth: Percent change in the Gross National Product
Unemp.: Unemployment rate
< 1944 | Date Index | 1946 >