State and local spending austerity after Great Recession: Cumulative growth in real state and local spending per capita from recession’s trough
Quarters since trough | 1949Q4 | 1954Q2 | 1958Q2 | 1961Q1 | 1970Q4 | 1975Q1 | 1980Q3 | 1982Q4 | 1992Q1 | 2001Q4 | 2009Q2 |
---|---|---|---|---|---|---|---|---|---|---|---|
-6 | 99.21049 | ||||||||||
-5 | 95.98653 | 99.59585 | 98.4434 | ||||||||
-4 | 87.45925 | 93.38582 | 96.99375 | 96.98225 | 100.1163 | 98.29394 | |||||
-3 | 90.46947 | 95.5001 | 94.79961 | 95.57069 | 97.6778 | 97.98188 | 99.60523 | 97.50095 | 98.53784 | ||
-2 | 95.01476 | 97.04909 | 96.52179 | 96.61648 | 97.94344 | 97.538 | 103.5001 | 99.75223 | 99.39109 | 99.10843 | 98.5735 |
-1 | 98.79923 | 100.1851 | 98.91675 | 97.19157 | 99.79753 | 97.34781 | 101.8539 | 99.48005 | 100.1569 | 98.39556 | 99.3568 |
0 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
1 | 102.0551 | 102.4456 | 101.6133 | 99.05 | 100.1255 | 99.03592 | 99.23718 | 100.1736 | 100.0833 | 100.691 | 99.62381 |
2 | 102.5024 | 102.3623 | 102.968 | 99.38233 | 100.5828 | 100.0317 | 99.77792 | 99.74852 | 100.3078 | 100.6018 | 98.70917 |
3 | 102.1346 | 106.0772 | 103.0454 | 101.683 | 100.6052 | 101.1012 | 97.65554 | 100.389 | 100.6839 | 100.6401 | 97.12091 |
4 | 101.6258 | 107.2396 | 103.0721 | 100.6232 | 101.5741 | 102.0339 | 97.08549 | 100.192 | 101.6806 | 100.6476 | 96.61888 |
5 | 100.57 | 106.6381 | 102.7018 | 100.903 | 101.5711 | 100.0476 | 101.2689 | 101.1935 | 99.99835 | 95.59836 | |
6 | 101.6001 | 106.7915 | 101.6936 | 101.6938 | 101.145 | 99.09959 | 102.4039 | 100.8656 | 99.29139 | 94.49319 | |
7 | 101.5425 | 107.4646 | 102.7812 | 102.466 | 101.7467 | 98.56461 | 103.896 | 100.4414 | 99.43448 | 93.2946 | |
8 | 101.0936 | 108.1467 | 104.5983 | 103.9134 | 102.8506 | 99.3148 | 104.6949 | 100.4898 | 99.06154 | 92.30742 | |
9 | 100.9666 | 108.3066 | 104.537 | 103.0684 | 99.64892 | 105.8278 | 100.9927 | 98.92554 | 91.2913 | ||
10 | 102.6331 | 108.8601 | 106.9331 | 103.022 | 99.26214 | 107.5151 | 101.1833 | 98.77291 | 90.7663 | ||
11 | 99.69963 | 111.1596 | 107.7875 | 103.8055 | 99.15237 | 108.9629 | 101.3488 | 98.15312 | 89.95222 | ||
12 | 101.3264 | 111.4046 | 109.1672 | 104.8678 | 98.8809 | 109.5027 | 101.49 | 97.92583 | 89.51449 | ||
13 | 103.1024 | 112.6864 | 111.2652 | 101.5881 | 111.3006 | 102.3446 | 97.84278 | 88.98217 | |||
14 | 102.6488 | 112.0603 | 102.467 | 112.1587 | 103.2147 | 97.60029 | 88.56814 | ||||
15 | 112.8246 | 103.107 | 112.9152 | 103.2769 | 97.41108 | 88.48282 | |||||
16 | 113.433 | 101.0918 | 113.0382 | 103.8072 | 97.27251 | 88.56243 | |||||
17 | 116.0519 | 101.7876 | 113.4017 | 104.3367 | 97.50156 | 88.44135 | |||||
18 | 118.9303 | 101.8454 | 113.4204 | 104.0975 | 97.65594 | 88.10658 | |||||
19 | 120.1998 | 102.6851 | 113.5324 | 104.3275 | 97.71673 | 87.42725 | |||||
20 | 121.3189 | 102.909 | 114.7379 | 103.8779 | 97.89243 | 87.78742 | |||||
21 | 121.8949 | 115.7722 | 105.0663 | 98.2555 | 87.95363 | ||||||
22 | 122.9604 | 116.9909 | 105.6189 | 98.49864 | 88.52057 | ||||||
23 | 125.8256 | 117.2117 | 106.785 | 98.44128 | 88.93771 | ||||||
24 | 127.0726 | 118.3305 | 106.5341 | 98.4289 | 90.09964 | ||||||
25 | 127.3683 | 119.0341 | 107.019 | 90.69298 | |||||||
26 | 127.4523 | 120.0821 | 107.7368 | 90.56563 | |||||||
27 | 129.3421 | 120.9104 | 108.37 | 91.69795 | |||||||
28 | 131.3453 | 122.1948 | 109.0767 | 91.66886 | |||||||
29 | 133.6897 | 123.808 | 110.5485 | 91.86208 | |||||||
30 | 135.1927 | 123.6465 | 111.7521 | 92.01002 | |||||||
31 | 136.0137 | 124.0182 | 112.0435 | 91.94945 |
Source: Author’s analysis of data from the National Income and Product Accounts (NIPA) of the Bureau of Economic Analysis (BEA), tables 1.1.6 and 2.1.