The 1932 Summer Olympics (officially the Games of the X Olympiad and also known as Los Angeles 1932) were an international multi-sport event held from July 30 to August 14, 1932 in Los Angeles, California, United States. The Games were held during the worldwide Great Depression, with some nations not traveling to Los Angeles; nations competed, compared to the 46 in the 1928 Games in Amsterdam, and then-U.S. President Herbert Hoover did not attend the Games. The organizing committee did not report the financial details of the Games, although contemporary newspapers claimed that the Games had made a profit of US$1,000,000.