Why America's Debt doesn't stop growing
Project Summary
Between 1994-2007, the U.S. debt was averaging 60% of GDP. This took a drastic during the Global Financial Crisis, with debt climbing to 95% of GDP by 2012 and with the full force of the COVID-19 Pandemic in 2020, the U.S. debt to GDP reached a record of 122%.
Project Date: November 29, 2020.
Skills Used:
- Tableau to analyze, model, format tables, and data visualization.
- Toggle with the interactive chart on my Tableau Profile.
Desired Insights:
- America’s debt has only increased in relative size over the time frame.
- It shows how the U.S. government spends more than it earns by running on consistent budget deficits.
Interested in the analysis?
The Dataset: Challenge on MakeoverMonday (2020) and my resources can be downloaded here.
Data Source: Federal Reserve Bank of St. Louis (GDP) and Federal Reserve Bank of St. Louis (Debt) via data.world.
