192:
gave a mixed message, added to the fact that the display not being designed to properly run backward. In May 2000, it was reported that the clock was planned to be unplugged on
September 7, 2000, what would have been Seymour Durst's 87th birthday. Douglas said that the decision to unplug the clock was made because "it was put up to focus attention on the increasing national debt, and it's served its purpose." In September, the clock was unplugged and covered with a red-white-and-blue curtain, with the national debt standing at roughly $ 5.7 trillion. However, less than two years later in July 2002, the curtain was raised and the clock once again picked up tracking a rising debt, starting at $ 6.1 trillion.
827:
52:
138:
921:
201:
263:
113:, who wanted to highlight the rising national debt. In 2004, the clock was dismantled and a new one installed near 44th Street and Sixth Avenue. In 2008, the U.S. national debt exceeded $ 10 (~$ 14.00 in 2023) trillion, one more digit than the clock could display. The lit dollar-sign in the clock's leftmost digit position was later changed to the "1" digit to represent the ten-trillionth place. In 2017, the clock was moved to the Bank of America Tower, near the original location.
2801:
2813:
253:
In June 2017, the Durst
Organization announced that the National Debt Clock would be moved again so that a new entrance for 1133 Avenue of the Americas could be built. The clock was moved to the western side of the Bank of America Tower, facing an alley in the middle of the block between Sixth Avenue
191:
In early 2000, the clock started to run backward because the national debt was actually decreasing. It showed a national debt of $ 5.7 trillion and an individual family share of almost $ 74,000. With the original purpose of the clock being to highlight the rising debt, the reversal of the figures
128:
Seymour's son
Douglas said his father had been toying with the basic idea of drawing attention to the growing national debt since at least 1980, when during the holiday season he sent cards to senators and congressmen that said "Happy New Year. Your share of the national debt is $ 35,000". In the
188:, the clock was frozen at a value of $ 4,985,567,071,200. In 1998, the clock broke down shortly after the numbers surpassed $ 5.5 (~$ 9.59 trillion in 2023) trillion. The cause was attributed to the numbers "being too high." In response, Artkraft installed a new computer inside the clock.
285:. However, the innovation of the National Debt Clock was to feature a constantly running counter; it has since inspired similar projects elsewhere, both in the United States and further afield. In particular, it has become a national fixture shows that the U.S.'s increasing debt. By 1995, the
296:
campaign employing an electronic billboard; instead of a debt, it tracked the supposed additional cost of using a rival chip. In 2010, a "death clock" modelled after the debt clock was erected in Times Square, counting how many maternal deaths happen worldwide every 90 seconds.
152:
that year. The original 11-by-26-foot (3.4 m Ă— 7.9 m) clock was constructed at a cost of $ 100,000. It cost $ 500 per month to maintain the display's 305 lightbulbs. It was mounted on a now-demolished Durst building at Sixth Avenue near 42nd Street (a block from
212:
could be built. An updated model was installed one block away on the side of a Durst building at 1133 Avenue of the
Americas, facing Sixth Avenue near the southeast corner of the intersection with West 44th Street. The new clock is located next to an
184:, which owns and maintains the clock. Artkraft Strauss has been keeping the figures current since then. On November 15, 1995, the clock stopped counting up for the first time in its six years of operation. As a result of a
304:. One of the displays showed a ticking number similar to the original clock. The second display showed a number estimating the amount the national debt had increased since the start of the convention. According to the
129:
early 1980s, when
Seymour first developed the idea of a constantly updated clock, the technology required to implement the project was not yet available. Back then, the debt was quickly approaching $ 1 trillion.
169:
emulating the then-typical character resolution of 5-by-7. Similar to the second clock, the updating mechanism was such that the display was set to the estimated speed of debt growth (
2434:
243:
An overhaul or complete replacement adding two more digits to the clock's display was being planned as of 2008. The clock would be able to show a debt of up to $ 1 quadrillion.
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185:
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reported that politicians were citing the clock to advocate for a reduction to the national budget. Various tracking counters of national debt are also kept online.
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Up until the week before his death in May 1995, Durst himself adjusted the tally via modem. After his death, his son
Douglas became president of the
21:
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208:
In 2004, the original clock was moved from its location near 42nd Street, and the building where the sign had been mounted was demolished so the
512:
246:
As of
September 2009, Douglas Durst's cousin Jonathan "Jody" Durst was taking over the day-to-day operations as president. In an interview with
2858:
2843:
347:, "The National Debt". The episode talks about the national debt and how the clock was started by "the Durst family. Yes, THAT Durst family."
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177:. Durst vowed that the clock would "be up as long as the debt or the city lasts," and that "if it bothers people, then it's working."
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125:: "We're a family business. We think generationally, and we don't want to see the next generation crippled by this burden."
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The clock's first incarnation was installed in 1989 on Sixth Avenue between 42nd and 43rd
Streets, one block away from
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308:, the purpose of the RNC's clock was to underscore the fact that national debt had grown at a fast pace under the
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The
National Debt Clock has also been credited as the inspiration behind other running totalizers, such as an
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on
September 30, 2008. In the farthest-left space, the debt clock displayed the digit "1" in place of the
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662:"NEIGHBORHOOD REPORT: TIMES SQUARE; Debt Clock, Calculating Since '89, Is Retiring Before the Debt Does"
281:
The idea of conveying a message through a periodically updated clock found an earlier expression in the
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and each American family's share of the debt. As of 2017, it is installed on the western side of the
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said that the clock represented the "unprecedented fiscal recklessness of the Obama administration."
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The first National Debt Clock was installed on February 20, 1989. The national debt stood at
393:
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706:
338:, which is about national debt. Several members of the Durst family appear in the film.
59:
and 44th Street in February 2017, at which time it read $ 19.9 trillion in national debt
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1975:
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794:"BATTLE OVER THE BUDGET: NEW YORK;Like Workers, Debt Clock Is Placed On Furlough"
371:
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266:
German national debt clock at the Berlin headquarters of taxpayer watchdog group
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1526:
1414:"John Oliver on the US national debt: 'I actually have some good news for you'"
397:
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250:, Jonathan said that maintenance of the clock is planned "for years to come."
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with multiple LEDs per segment, allowing the numbers to be read more easily.
173:-style) and adjusted weekly according to the latest numbers published by the
110:
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office. The new clock, which can run backward, is outfitted with a brighter
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Durst said in 2006 that the clock was a non-partisan effort to think about
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The first clock at the original location near Times Square (March 1989)
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763:"National Debt Clock stops, despite trillions of dollars of red ink"
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513:"SUNDAY: NOVEMBER 8, 1998: THE NATIONAL DEBT; Depressing Displays"
2023:
986:"National Debt Clock Adds a Digit to Accommodate Growing Deficit"
699:"Durst To Add Extra Trillion Dollar Digit to National Debt Clock"
2435:
Jacqueline Kennedy Onassis High School for International Careers
300:
Two displays related to the national debt were shown during the
228:, the National Debt Clock's display ran out of digits when the
2466:
769:. Associated Press; Reuters. September 7, 2000. Archived from
406:
1388:""Maxed Out" - A high-interest look at our collective debts"
1636:
475:"FOLLOWING UP; Time's Hands Go Back On National Debt Clock"
2794:
National Register of Historic Places listings in Manhattan
1183:"Sixth Avenue's National Debt Clock coming down — for now"
889:"White House Says It Expects Deficit to Hit $ 165 Billion"
1481:
1118:"U.S. debt too big for National Debt Clock (MSNBC video)"
293:
341:
The clock is mentioned on the April 4, 2021, episode of
1149:"Square Feet | The 30-Minute Interview: Jonathan Durst"
855:"PRIVATE SECTOR; Restarting a Debt Clock, Reluctantly"
1208:"Midtown's Iconic National Debt Clock Is Coming Down"
390:
Examples for online debt tracking resources include:
853:
Marino, Vivian; Herring, Hubert B. (July 14, 2002).
1018:
1003:
922:"National debt clock torn down, new clock on way"
633:"Did You Know There's a Clock to Track the Debt?"
2830:
1362:"Republican Convention to Highlight Debt Clock"
1292:"An Alarm on Maternal Deaths, Global and Local"
728:
726:
724:
332:The clock is featured in the 2006 documentary
204:The National Debt Clock on September 24, 2004.
2482:
1467:
852:
834:. Greenfield, Massachusetts: Associated Press
791:
781:– via Internet Archive Wayback Machine.
626:
624:
2757:42nd Street–Bryant Park/Fifth Avenue station
442:
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157:), facing the north side of 42nd Street and
1124:. NBC News. October 7, 2008. Archived from
1110:
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1234:"Debt Clock Moves Next Door to Government"
696:
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589:
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448:"US debt clock running out of time, space"
224:Amid extensive media attention during the
2599:Exhibition of the Industry of All Nations
1035:
1017:. London. October 9, 2008. Archived from
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886:
429:
2854:Government finances in the United States
1326:
1289:
1140:
1085:
1062:"National Debt Clock runs out of digits"
1011:"National Debt Clock runs out of digits"
946:
940:
880:
792:Van Natta Jr., Don (November 15, 1995).
261:
199:
136:
50:
2530:Josephine Shaw Lowell Memorial Fountain
2144:42nd Street–Port Authority Bus Terminal
1592:1585 Broadway (Morgan Stanley Building)
1329:"As Convention Opens, Debt Clock Ticks"
1086:Boniello, Kathianne (October 5, 2008).
1059:
732:
687:
650:
596:"The Clockmaker Died, but Not the Debt"
572:
544:
2831:
1290:Haberman, Clyde (September 20, 2010).
1180:
1146:
887:Stevenson, Robert W. (July 13, 2002).
757:
755:
630:
55:The clock at its former location near
2859:Individual signs in the United States
2844:Buildings and structures in Manhattan
2470:
2418:
2241:2010 Times Square car bombing attempt
2210:
2122:
2049:
1859:
1858:
1659:
1658:
1510:
1455:
1322:
1320:
1147:Marino, Vivian (September 11, 2009).
979:
977:
825:
659:
327:
161:. Built by the New York sign company
2839:1989 establishments in New York City
2812:
2106:Sheraton New York Times Square Hotel
1582:1540 Broadway (Bertelsmann Building)
1327:Southall, Ashley (August 27, 2012).
1088:"'1' Big Tick is due for Debt Clock"
697:Rubinstein, Dana (October 6, 2008).
631:Amadeo, Kimberly (January 1, 2010).
545:Daniels, Lee A. (November 8, 1991).
507:
505:
503:
109:, by New York real estate developer
2736:Stavros Niarchos Foundation Library
2578:New York Public Library Main Branch
2545:Statue of José Bonifácio de Andrada
2066:Crowne Plaza Times Square Manhattan
1904:Dick Clark's New Year's Rockin' Eve
1542:7 Times Square (Times Square Tower)
984:Bonisteel, Sara (October 8, 2008).
752:
593:
472:
302:2012 Republican National Convention
257:
16:Debt display in Manhattan, New York
13:
2864:National debt of the United States
2525:Bust of Johann Wolfgang von Goethe
2123:
1587:1552 Broadway (I. Miller Building)
1572:1501 Broadway (Paramount Building)
1317:
1252:
1060:McShane, Larry (October 9, 2008).
1043:"US debt clock runs out of digits"
974:
947:Haberman, Clyde (March 24, 2006).
733:Stephey, M.J. (October 14, 2008).
344:Last Week Tonight with John Oliver
226:financial crisis beginning in 2007
14:
2875:
2265:Defunct locations and attractions
2251:2017 New York City Subway bombing
1436:
500:
165:, the clock featured a dot-based
76:United States gross national debt
2811:
2800:
2799:
2419:
2091:Millennium Times Square New York
1259:Hesseldahl, Arik (May 3, 2006).
828:"National Debt Clock winds down"
473:Koh, Eun Lee (August 13, 2000).
2716:Engineering Societies' Building
2496:
1577:1515 Broadway (One Astor Plaza)
1406:
1380:
1354:
1283:
1226:
1200:
1174:
1079:
1053:
914:
846:
819:
785:
594:Toy, Vivian S. (May 28, 1995).
384:
367:History of the U.S. public debt
195:
2556:William Cullen Bryant Memorial
2430:High School of Performing Arts
1261:"AMD Sticks It to Intel—Again"
1181:Cuozzo, Steve (June 6, 2017).
936:– via fultonhistory.com.
842:– via fultonhistory.com.
538:
466:
400:, a website maintained by the
132:
1:
2594:Croton Distributing Reservoir
1617:Church of St. Mary the Virgin
1511:
735:"The Times Square Debt Clock"
422:
2849:Economy of the United States
2246:2017 Times Square car attack
826:Sutel, Seth (May 13, 2000).
396: — U.S. public debt on
7:
2789:List of New York City parks
2669:1095 Avenue of the Americas
2664:1065 Avenue of the Americas
2458:Manhattan Community Board 5
2211:
1627:The New York Times Building
949:"We Will Bury You, in Debt"
928:. Greenfield, Massachusetts
660:Upham, Ben (May 14, 2000).
350:
186:federal government shutdown
10:
2880:
2684:American Radiator Building
2550:Statue of William E. Dodge
2050:
1957:Statue of Francis P. Duffy
407:National Debt in Real Time
274:
116:
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2636:
2627:
2586:
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2517:
2504:
2452:
2425:
2414:
2310:
2272:Bond International Casino
2264:
2236:2008 Times Square bombing
2221:
2217:
2206:
2167:
2133:
2129:
2118:
2096:New York Marriott Marquis
2056:
2045:
2016:
1985:
1962:Statue of George M. Cohan
1949:
1918:
1895:
1869:
1865:
1854:
1667:
1654:
1517:
1506:
1493:
362:United States public debt
2721:Engineers' Club Building
2614:Statue of J. Marion Sims
2540:Statue of Gertrude Stein
2302:Unique Recording Studios
2159:Times Square–42nd Street
1926:Madame Tussauds New York
377:
215:Internal Revenue Service
123:intergenerational equity
2609:New York Crystal Palace
2535:Statue of Benito Juárez
2440:Midtown Community Court
2230:V-J Day in Times Square
2086:The Knickerbocker Hotel
230:U.S. gross federal debt
2731:Springs Mills Building
2292:Palladium Times Square
2277:Discovery Times Square
1877:Palladium Times Square
402:United States Treasury
318:running for reelection
272:
205:
175:United States Treasury
142:
60:
2726:Salmon Tower Building
2689:Bank of America Tower
2619:William Cullen Bryant
1597:Bank of America Tower
454:. AFP. March 30, 2006
269:Bund der Steuerzahler
265:
219:seven-segment display
210:Bank of America Tower
203:
140:
80:Bank of America Tower
67:is a billboard-sized
54:
2741:W. R. Grace Building
2629:Surrounding features
2573:Bryant Park restroom
2222:Events and incidents
2061:The Chatwal New York
1941:Times Square Studios
1697:Circle in the Square
1557:229 West 43rd Street
519:. November 8, 1998.
102:installed anywhere.
90:and 43rd Streets in
2706:Bryant Park Studios
2694:National Debt Clock
2644:10 East 40th Street
2604:Latting Observatory
2318:American Music Hall
2003:National Debt Clock
1128:on December 1, 2019
773:on January 29, 2008
709:on October 10, 2008
98:. It was the first
65:National Debt Clock
37:40.7555°N 73.9848°W
33: /
1976:Times Square Mural
1931:Museum of Broadway
1870:Performance venues
1817:Samuel J. Friedman
1632:Times Square Hotel
1562:750 Seventh Avenue
1333:The New York Times
1296:The New York Times
1153:The New York Times
1049:. October 9, 2008.
953:The New York Times
893:The New York Times
859:The New York Times
798:The New York Times
666:The New York Times
600:The New York Times
551:The New York Times
517:The New York Times
479:The New York Times
394:treasurydirect.gov
328:In popular culture
273:
248:The New York Times
206:
182:Durst Organization
143:
61:
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2168:Roads and streets
2114:
2113:
2041:
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2037:
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2008:Times Square Ball
1998:Nasdaq MarketSite
1986:Signs and objects
1950:Art and sculpture
1910:Good Riddance Day
1860:Other attractions
1850:
1849:
1712:Gerald Schoenfeld
1682:Bernard B. Jacobs
1661:Broadway theaters
1650:
1649:
1392:The Seattle Times
1368:. August 27, 2012
42:40.7555; -73.9848
2871:
2815:
2814:
2803:
2802:
2674:Aeolian Building
2659:500 Fifth Avenue
2654:461 Fifth Avenue
2649:452 Fifth Avenue
2634:
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2566:Other structures
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2311:Defunct theaters
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1737:James Earl Jones
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1612:Candler Building
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1487:Theater District
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1122:NBC Nightly News
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1094:. Archived from
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306:Republican Party
258:Similar projects
235:
163:Artkraft Strauss
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2256:Stop Iran Rally
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1420:. The Guardian
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1271:on May 6, 2006
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1214:. June 6, 2017
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275:Main article:
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96:New York City
93:
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73:
70:
69:running total
66:
58:
53:
49:
46:
2810:
2798:
2772:Sixth Avenue
2767:Fifth Avenue
2693:
2554:
2454:
2420:Other topics
2393:Times Square
2297:Terminal Bar
2282:Hotel Carter
2228:
2081:Hotel Edison
2029:Naked Cowboy
2002:
1974:
1968:Times Square
1967:
1902:
1642:TSX Broadway
1483:Times Square
1424:September 9,
1422:. Retrieved
1418:The Guardian
1417:
1408:
1396:. Retrieved
1391:
1382:
1370:. Retrieved
1365:
1356:
1344:. Retrieved
1332:
1307:. Retrieved
1295:
1285:
1273:. Retrieved
1269:the original
1265:BusinessWeek
1264:
1254:
1242:. Retrieved
1237:
1228:
1216:. Retrieved
1212:NBC New York
1211:
1202:
1190:. Retrieved
1186:
1176:
1164:. Retrieved
1152:
1142:
1130:. Retrieved
1126:the original
1121:
1112:
1100:. Retrieved
1096:the original
1081:
1069:. Retrieved
1065:
1055:
1046:
1037:
1025:. Retrieved
1020:the original
1015:Times Online
1014:
1005:
993:. Retrieved
989:
964:. Retrieved
952:
942:
930:. Retrieved
926:The Recorder
925:
916:
904:. Retrieved
892:
882:
870:. Retrieved
858:
848:
836:. Retrieved
832:The Recorder
831:
821:
809:. Retrieved
797:
787:
775:. Retrieved
771:the original
766:
742:. Retrieved
738:
711:. Retrieved
707:the original
703:observer.com
702:
677:. Retrieved
665:
640:. Retrieved
636:
611:. Retrieved
599:
562:. Retrieved
550:
540:
528:. Retrieved
516:
490:. Retrieved
478:
468:
456:. Retrieved
451:
386:
342:
340:
333:
331:
320:. RNC chair
314:Barack Obama
299:
291:
286:
280:
267:
252:
247:
245:
242:
223:
207:
196:Second clock
190:
179:
155:Times Square
144:
127:
120:
107:Times Square
104:
84:Sixth Avenue
64:
62:
57:Sixth Avenue
18:
2762:42nd Street
2498:Bryant Park
2287:Pabst Hotel
2175:42nd Street
2154:50th Street
2149:49th Street
2071:Hotel Astor
1837:Walter Kerr
1832:Todd Haimes
1792:Nederlander
1742:John Golden
1398:February 2,
1372:February 3,
1346:February 2,
1309:February 2,
1275:October 27,
1244:February 2,
1218:December 7,
1192:December 7,
1166:February 2,
1132:February 2,
1102:February 2,
1071:February 2,
1027:February 2,
995:February 2,
966:February 2,
906:February 2,
872:February 2,
838:February 3,
811:February 2,
777:February 2,
744:February 2,
713:February 2,
679:February 2,
642:February 2,
637:The Balance
613:February 2,
564:February 2,
547:"Chronicle"
530:February 2,
492:February 2,
458:February 2,
452:China Daily
412:brillig.com
238:dollar sign
232:rose above
159:Bryant Park
133:First clock
40: /
2833:Categories
2711:Bush Tower
2701:The Bryant
1747:Lena Horne
1692:Broadhurst
1672:Ambassador
1607:Bush Tower
1092:nypost.com
423:References
310:presidency
277:Debt Clock
100:debt clock
82:, west of
28:73°59′05″W
25:40°45′20″N
2637:Buildings
2507:Manhattan
2455:See also:
2378:Paramount
1970:(Neuhaus)
1882:Sony Hall
1812:St. James
1787:Music Box
1512:Buildings
1496:Manhattan
1341:0362-4331
1304:0362-4331
1161:0362-4331
961:0362-4331
932:April 14,
901:0362-4331
867:0362-4331
806:0362-4331
674:0362-4331
608:0362-4331
559:0362-4331
525:0362-4331
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