Great Depression stats vs. now

Data from Robert Schiller’s Irrational Exuberance and federal government data. Sue, who is a Goddess of Spreadsheets, compiled the data and created the spreadsheet. (You can download the full spreadsheet from
Great depression stats vs. now

Industrial production and GDP dropped off a cliff in 1930 as compared to 1929, while 2008 compared to 2007 is minor in comparison. Housing prices though took a huge tumble in 2007-2008 while during the Depression they dropped, but not nearly as severely.

So far, we are nowhere near what the Depression was like. Let’s hope it stays that way.

One comment

  1. I found this encouraging– until I realized that the reason our industrial capacity hasn’t dropped that much is because we don’t have that much to drop. In 1929 we had a huge trade surplus– we manufactured more than we consumed– but these days we have a significant trade deficit.

    Today, China is our industrial capacity– and it HAS dropped, as you note elsewhere.

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