Historical Year Data · 1979

Industrial Production in 1979

Industrial Production opened 1979 at 51.63 and closed at 51.79, a +0.31% move for the year. The high of 52.04 was reached on March 1, and the low of 51.42 on April 1.

Open

51.63

1979-01

51.79

12 data points

High

52.04

Mar 1

Low

51.42

Apr 1

Full Year Change

+0.31%

1978 Change

+3.78%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	51.63	51.63	51.63	51.63	+0.00%
Feb	51.88	51.88	51.88	51.88	+0.00%
Mar	52.04	52.04	52.04	52.04	+0.00%
Apr	51.42	51.42	51.42	51.42	+0.00%
May	51.89	51.89	51.89	51.89	+0.00%
Jun	51.90	51.90	51.90	51.90	+0.00%
Jul	51.81	51.81	51.81	51.81	+0.00%
Aug	51.47	51.47	51.47	51.47	+0.00%
Sep	51.46	51.46	51.46	51.46	+0.00%
Oct	51.83	51.83	51.83	51.83	+0.00%
Nov	51.75	51.75	51.75	51.75	+0.00%
Dec	51.79	51.79	51.79	51.79	+0.00%

Events During 1979

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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