MICRO

Economic Trend Explorer · 1960 – 2024

Source: US Federal Reserve / BLS / BEA

5 Indicators · 64 Years

1980–83

Volcker Shock

Fed funds rate hit 16.4%. Crushed inflation from 13.5% → 3.2% but triggered the worst recession since the 1930s.

2008–10

Great Recession

GDP fell 2.6%, unemployment reached 9.3%. The Fed slashed rates to near zero for the first time in history.

2021–23

Post-Covid Inflation

Supply shocks and stimulus drove inflation to 8% — the highest since 1981. The Fed raised rates 11 times in 18 months.