Historical Year Data · 1980

Personal Saving Rate in 1980

Personal Saving Rate opened 1980 at 9.90% and closed at 11.40%, a +15.15% move for the year. The high of 11.70% was reached on September 1, and the low of 9.90% on January 1.

Open

9.90%

1980-01

11.40%

12 data points

High

11.70%

Sep 1

Low

9.90%

Jan 1

Full Year Change

+15.15%

1979 Change

-9.01%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	9.90%	9.90%	9.90%	9.90%	+0.00%
Feb	10.10%	10.10%	10.10%	10.10%	+0.00%
Mar	10.30%	10.30%	10.30%	10.30%	+0.00%
Apr	11.40%	11.40%	11.40%	11.40%	+0.00%
May	11.50%	11.50%	11.50%	11.50%	+0.00%
Jun	11.30%	11.30%	11.30%	11.30%	+0.00%
Jul	11.40%	11.40%	11.40%	11.40%	+0.00%
Aug	11.40%	11.40%	11.40%	11.40%	+0.00%
Sep	11.70%	11.70%	11.70%	11.70%	+0.00%
Oct	11.30%	11.30%	11.30%	11.30%	+0.00%
Nov	11.60%	11.60%	11.60%	11.60%	+0.00%
Dec	11.40%	11.40%	11.40%	11.40%	+0.00%

Events During 1980

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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