Figure B
Contributions to GDP growth, by expansion in post-war recoveries
| Timescale | Annual GDP growth | Contribution of government spending |
|---|---|---|
| 1949 Q4–1953 Q2 | 7.0% | 3.3% |
| 1954 Q2–1957 Q3 | 3.8% | -0.1% |
| 1958 Q2–1960 Q2 | 4.9% | 0.6% |
| 1961 Q1–1969 Q4 | 4.9% | 1.0% |
| 1970 Q4–1973 Q4 | 4.4% | -0.2% |
| 1975 Q1–1980 Q1 | 3.9% | 0.4% |
| 1980 Q3–1981 Q3 | 3.5% | 0.0% |
| 1982 Q4–1990 Q3 | 3.7% | 0.7% |
| 1991 Q1–2001 Q1 | 3.6% | 0.2% |
| 2001 Q4–2007 Q4 | 2.7% | 0.4% |
| 2009 Q2–2016 Q2 | 2.0% | -0.1% |
Source: EPI analysis of Bureau of Economic Analysis data series
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