The Review of Economics and Statistics Vol. 14 No. 3 1932
Review of the Second Quarter of 1932
Abstract
GENERAL business, after an important advance in April, declined during the remainder of the second quarter of I932, and stood in June at a new low level for the depression (Chart I, p. II3). Money rates, which had as early as February begun to ease from the peak following the I93I gold panic and bank liquidation crisis, declined in each month of the quarter. Speculation continued in its downward course during the quarter; and, largely in response to the Federal budget crisis and the renewed loss of gold, the declines in April and May were especially sharp.
- DOI
- 10.2307/1927138
- Volume
- 14
- Issue
- 3
- Pages
- 119
- Sources
- openalex crossref