Historical Year Data · 1981

Sahm Rule Recession Indicator in 1981

Sahm Rule Recession Indicator opened 1981 at 1.40% and closed at 1.07%, a -23.57% move for the year. The high of 1.40% was reached on January 1, and the low of 0.00% on July 1.

Open

1.40%

1981-01

1.07%

11 data points

High

1.40%

Jan 1

Low

0.00%

Jul 1

Full Year Change

-23.57%

1980 Change

+582.61%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1.40%	1.40%	1.40%	1.40%	+0.00%
Feb	1.23%	1.23%	1.23%	1.23%	+0.00%
Mar	1.10%	1.10%	1.10%	1.10%	+0.00%
Apr	0.83%	0.83%	0.83%	0.83%	+0.00%
May	0.47%	0.47%	0.47%	0.47%	+0.00%
Jun	0.10%	0.10%	0.10%	0.10%	+0.00%
Jul	0.00%	0.00%	0.00%	0.00%	+0.00%
Sep	0.07%	0.07%	0.07%	0.07%	+0.00%
Oct	0.40%	0.40%	0.40%	0.40%	+0.00%
Nov	0.80%	0.80%	0.80%	0.80%	+0.00%
Dec	1.07%	1.07%	1.07%	1.07%	+0.00%

Events During 1981

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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