Historical Year Data · 1984

Sahm Rule Recession Indicator in 1984

Sahm Rule Recession Indicator opened 1984 at 0.00% and closed at 0.07%, a +0.00% move for the year. The high of 0.10% was reached on September 1, and the low of 0.00% on August 1.

Open

0.00%

1984-01

0.07%

3 data points

High

0.10%

Sep 1

Low

0.00%

Aug 1

Full Year Change

+0.00%

1983 Change

-85.92%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Aug	0.00%	0.00%	0.00%	0.00%	+0.00%
Sep	0.10%	0.10%	0.10%	0.10%	+0.00%
Oct	0.07%	0.07%	0.07%	0.07%	+0.00%

Events During 1984

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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