Monday, March 16, 2009

Not a Good Picture

The 1930s were different from today in many ways. But its hard to see those differences in this chart of monthly industrial production.

Industry is a smaller share of our economy now than then.


[JJM asked: how low did it go? A. 48.1, in July 1932]

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1 comment:

  1. jjmMarch 16, 2009 at 2:06:00 PM CDT

    So what happened to IP after 1930? I think I would need to see more context before I jump out my window!
    jjm

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