The Great Depression in Pictures

Massive Market Losses

The Dow Jones Industrial Average hit its peak at 381 points on September 3, 1929, and tanked to 42 by 1932.

That is an insane 89% devaluation in stock, and the price would only reach that same point 23 years later in 1955.

Massive Market Losses

On ‘Black Tuesday’, the stock market lost $14 billion and the week totaled over $30 billion in losses. At this point that amount was ten times larger than the federal budget, and more than the US had ever spent on WWI from start to finish.

In today’s terms, the market lost $377 billion in value in a week.