This chart shows the relationship between non-farm payroll employment and the consumer price index during the stagflationary period of the 1970s and early 1980s. The two series are smoothed using a 3-month moving average.Data Sources: Bureau of Labor Statistics
Show:Last 12 Months |
3 Years |
5 Years |
10 Years |
20 Years |
30 Years |
Tracks the 100 year history of inflation in the U.S. using the Consumer Price Index (CPI) and the Producer Price Index for All Commodities (PPI). Values shown are the 12 month percentage change for each series.
This graph compares historical data for the two primary core measures of inflation in the U.S. Core inflation removes the volatile food and energy components in an attempt to better understand whether price pressures are leaking into the more stable price categories such as housing and medical costs.
This chart shows the relationship between inflation and unemployment by comparing the consumer price index with non-farm payrolls. Each series is transformed using an annual % change calculation and both are smoothed with a 3-month moving average.
This chart illustrates how movement in the ISM Prices Index typically leads changes in the headline Consumer Price Index. The ISM index is much more volatile than the CPI but changes in direction are generally predictive.
The goal of the core CPI is to remove the most volatile cost-push components of the headline number. This creates a series that indicates whether short-term commodity price changes are resulting in more permanent price level pressures. As a result, core CPI is primarily useful as a policy metric rather than a measure of how price changes are affecting the average person.
This chart compares the percentage change in non-farm payrolls with the percentage change in the consumer price index starting in January of 1939. The two track closely together for over 30 years, until they begin to significantly diverge around 1970. This coincides with the collapse of the Bretton Woods Accord in 1971 and the move to a floating currency exchange system.
This chart illustrates the effect inflation had on the perceived returns of the Dow Jones Industrial Average during the 1970s. While the market went sideways in nominal terms, it dropped significantly in real terms.
Stay tuned, data export capability coming soon....
MacroTrends historical datasets feature:
High Quality Data: Our datasets originate from authority sources like the Bureau of Labor Statistics, the Federal Reserve, the Bureau of Economic Analysis, the Energy Information Administration and many others.
Extensive Historical Range: Our datasets are unique in their length and typically must be constructed from multiple different original sources. Many of our datasets extend back over 100 years to enable a truly long term perspective.
Inflation Adjustments: In order to accurately show context over long time periods, our dollar-denominated datasets are provided in both raw (nominal) and inflation-adjusted (real) formats. Real data is adjusted using the headline Consumer Price Index (CPI).