Historical Year Data · 1982
Consumer Sentiment (Michigan) in 1982
Consumer Sentiment (Michigan) opened 1982 at 71.00 and closed at 71.90, a +1.27% move for the year. The high of 73.40 was reached on October 1, and the low of 62.00 on March 1.
Open
71.00
1982-01
Close
71.90
12 data points
High
73.40
Oct 1
Low
62.00
Mar 1
Full Year Change
+1.27%
1981 Change
-9.94%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 71.00 | 71.00 | 71.00 | 71.00 | +0.00% |
| Feb | 66.50 | 66.50 | 66.50 | 66.50 | +0.00% |
| Mar | 62.00 | 62.00 | 62.00 | 62.00 | +0.00% |
| Apr | 65.50 | 65.50 | 65.50 | 65.50 | +0.00% |
| May | 67.50 | 67.50 | 67.50 | 67.50 | +0.00% |
| Jun | 65.70 | 65.70 | 65.70 | 65.70 | +0.00% |
| Jul | 65.40 | 65.40 | 65.40 | 65.40 | +0.00% |
| Aug | 65.40 | 65.40 | 65.40 | 65.40 | +0.00% |
| Sep | 69.30 | 69.30 | 69.30 | 69.30 | +0.00% |
| Oct | 73.40 | 73.40 | 73.40 | 73.40 | +0.00% |
| Nov | 72.10 | 72.10 | 72.10 | 72.10 | +0.00% |
| Dec | 71.90 | 71.90 | 71.90 | 71.90 | +0.00% |
Events During 1982
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.
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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