Good Ol' Days - 1980-1986

By MIchaelmoehring

  • Inflation 1980

    13.56%

  • Consumer Price Index 1980

    82.40

  • GDP 1980

    6.5 USD Trillion

  • GDP per Capita 1980

    12,575.6 $USD

  • Unemployment Rates 1980

    7.1%

  • Interest Rates 1980

    11%

  • Business Cycle Peaks 1980

    Reaches a peak

  • Economic Event 1980

    As the continued miniaturization continues new technology allows for new products that could never have existed before. ex. the fax machine, pac man arcade game

  • Consumer Spending CCI 1980

    3950 USD Billion
  • Period: to

    Economic Event

    American economy in a deep recession, greatest since Great Depression

  • Inflation 1981

    10.35%

  • GDP per Capita 1981

    13,965.8 $USD

  • Consumer Spending CCI 1981

    4050 USD Billion

  • Consumer Price Index 1981

    90.90

  • GDP 1981

    6.59 USD Trillion

  • Interest Rates 1981

    16%

  • Business Cycle Peaks 1981

    Reaches a peak

  • Government Spending 1981

    Rose to $172 billion in fiscal year 1981

  • Economic Events 1981

    • The Aids Virus Identified
    • Post It notes launched

  • Unemployment Rates 1981

    7.6%
  • Period: to

    The Severe 1981-82 Recession

    Served as an intended purpose of substantially restoring price stability.
  • Period: to

    Government Spending 1980s

    Government attempted to cut spending rates the rest of the 1980s
  • Period: to

    Government Taxes 1980s

    Government raised taxes for defense spending then went on the cut them to restore GDP

  • Inflation 1982

    6.16%

  • Consumer Price Index 1982

    96.50

  • GDP 1982

    6.59 USD Trillion

  • Unemployment Rates 1982

    9.7%

  • Economic Event 1982

    Michael Jackson releases Thriller album, Times man of the year is the computer, Recession starts in US

  • Consumer Spending CCI 1982

    4040 USD Billion

  • GDP per Capita 1982

    14,410.2 $USD

  • Interest Rates 1982

    15%

  • Inflation 1983

    3.22%

  • Consumer Spending CCI 1983

    4200 USD Billion

  • Consumer Price Index 1983

    99.60

  • GDP 1983

    6.49 USD Trillion

  • GDP per Capita 1983

    15,531.2 $USD

  • Unemployment Rates 1983

    9.6%

  • Interest Rates 1983

    9%

  • Economic Event 1983

    IBM releases the IBM PC XT, Microsoft word is launched, US unemployment rises to 12 million

  • Inflation 1984

    4.30%

  • Consumer Spending CCI 1984

    4450 USD Billion

  • Consumer Price Index 1984

    103.90

  • GDP 1984

    7.4 USD Trillion

  • GDP per Capita 1984

    17,099.3 $USD

  • Unemployment Rates 1984

    7.5%

  • Interest Rates 1984

    9.5%

  • Economic Event 1984

    Apple releases Macintosh, aids virus is identified.

  • Inflation 1985

    3.55%

  • Consumer Spending CCI 1985

    4700 USD Billion

  • GDP 1985

    7.71 USD Trillion

  • GDP per Capita1985

    18,231.8 $USD

  • Unemployment Rates 1985

    7.2%

  • Interest Rates 1985

    8.3%

  • Consumer Price Index 1985

    107.60

  • Economic Event 1985

    Coca-Cola releases new Coke, CD's introduced.

  • Inflation 1986

    1.91%

  • Consumer Spending CCI 1986

    4900 USD Billion

  • Consumer Price Index 1986

    109.60

  • GDP 1986

    7.94 USD Trillion

  • Unemployment Rates 1986

    7.0%

  • Interest Rates 1986

    7.8%

  • GDP per Capita 1986

    19,078.4 $USD

  • Economic Event 1986

    Sweeping tax reform legislation in USA. The E-Mail was invented