Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:causedBy |
tight monetary policy
Federal Reserve interest rate hikes |
| gptkbp:endDate |
November 1982
|
| gptkbp:FederalReserveChairDuring |
gptkb:Paul_Volcker
|
| gptkbp:followedBy |
early 1990s recession
|
| gptkbp:GDP |
2.9%
|
| https://www.w3.org/2000/01/rdf-schema#label |
1981–1982 recession
|
| gptkbp:inflationRateAtStart |
~10%
|
| gptkbp:location |
gptkb:United_States
|
| gptkbp:notableFor |
high unemployment
high interest rates decline in auto industry decline in housing market decline in manufacturing |
| gptkbp:precededBy |
gptkb:1980_recession
|
| gptkbp:presidentDuringTerm |
gptkb:Ronald_Reagan
|
| gptkbp:startDate |
July 1981
|
| gptkbp:unemploymentRate |
10.8%
|
| gptkbp:unemploymentRatePeakDate |
November 1982
|
| gptkbp:bfsParent |
gptkb:Early_1980s_recession_in_the_United_States
|
| gptkbp:bfsLayer |
8
|