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Annual GDP without inflation adjustment

Printer-friendly versionAnnual GDP without inflation adjustment

The US Gross Domestic Product (GDP) from 1929 through 2009 without adjustments for inflation. The GDP decreases at two places: from 1929 to 1934 and from 2008 to 2009. The GDP is also reported quarterly for each year, and the US Bureau of Economic Analysis projected a rise from the third to the fourth quarter of 2009 of 5.7 percent based on the available data.

The fact that the unadjusted GDP decreased from 2008 to 2009 should actually be quite alarming, because it implies that the decrease in production was even larger than the rate of inflation. According to this data, at least, this has never happened before. I imagine that the bourgeoisie are really hoping that the 2008-2009 fall doesn't represent the inevitable "tipping point" for capitalist production in the US.

Source: United States Bureau of Economic Analysis (http://www.bea.gov/)