Historical Year Data · 1981

Personal Saving Rate in 1981

Personal Saving Rate opened 1981 at 10.90% and closed at 12.40%, a +13.76% move for the year. The high of 13.00% was reached on November 1, and the low of 10.80% on February 1.

Open

10.90%

1981-01

12.40%

12 data points

High

13.00%

Nov 1

Low

10.80%

Feb 1

Full Year Change

+13.76%

1980 Change

+15.15%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	10.90%	10.90%	10.90%	10.90%	+0.00%
Feb	10.80%	10.80%	10.80%	10.80%	+0.00%
Mar	10.80%	10.80%	10.80%	10.80%	+0.00%
Apr	10.80%	10.80%	10.80%	10.80%	+0.00%
May	10.90%	10.90%	10.90%	10.90%	+0.00%
Jun	10.80%	10.80%	10.80%	10.80%	+0.00%
Jul	12.30%	12.30%	12.30%	12.30%	+0.00%
Aug	12.00%	12.00%	12.00%	12.00%	+0.00%
Sep	12.30%	12.30%	12.30%	12.30%	+0.00%
Oct	12.90%	12.90%	12.90%	12.90%	+0.00%
Nov	13.00%	13.00%	13.00%	13.00%	+0.00%
Dec	12.40%	12.40%	12.40%	12.40%	+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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