>Thanks for the statistics. It's curious that the worst decade in terms of
>GDP growth was the 1910-1920 decade, especially considering the fact that
>WWI was fought in the middle of this decade. I thought war was supposed to
>be good for business. Do you know the reason for this anamoly (just curious)?
Here are the yearly figs:
1910 +2.9% 1911 +3.1% 1912 +4.8% 1913 +1.1% 1914 -3.9% 1915 -1.1% 1916 +7.6% 1917 +1.9% 1918 +18.3% 1919 -7.3% 1920 -7.8%
The war boom was almost entirely undone by the postwar bust (and it continued into 1921).
Doug