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Great Depression

The 1933 healing up

1933
U.S.

The inflation rate turns positive, at 1% annually. Quarterly GDP growth turns positive by summer, but overall annual rate is -1.3% growth. Unemployment peaks at 25%. 2 million are homeless. Industrial production is half of what it was in 1929. US nominal GDP bottoms out at $57 billion (down from $105 billion in 1929).


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