Visualizing Economics » CPI

Prices, Inflation and Deflation: Great Depression vs Great Recession

Catherine — Mon, 03 Aug 2009 03:26:00 +0000

Another infographic comparing the last 18 months to the Great Depression. This time I am focusing on Prices, Inflation and Deflation.

Data from Bureau of Labor Statistics: Consumer Price Index History Table

If you want more see Inflation and Deflation created by WallStats

Inflation vs Unemployment: McCabe Years

Catherine — Sun, 31 Aug 2008 21:00:00 +0000

I have plotted the annual inflation (CPI-U) vs unemployment. The green line represents the time Thomas B. McCabe was the Fed Chairman (April 15, 1948 â€“ April 2, 1951). The gray line represent the years 1948-2007.

In traditional economic theory, the Phillips curve describes the inverse relationship between inflation and unemployment, i.e. when inflation is high, unemployment is low. This was true in the United States in the 60s but not other time periods

{Click on the image to take a closer look}

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Unemployment[/tags]

Inflation vs Unemployment: Martin Years

Catherine — Mon, 25 Aug 2008 02:00:00 +0000

I have plotted the annual inflation (CPI-U) vs unemployment. The green line represents the time William Martin was the Fed Chairman (April 2, 1951 â€“ February 1, 1970). The gray line represent the years 1948-2007.

{Click on the image to take a closer look}

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Unemployment[/tags]

Inflation vs Unemployment: Burns Years

Catherine — Mon, 18 Aug 2008 07:00:00 +0000

I have plotted the annual inflation (CPI-U) vs unemployment. The green line represents the time Arthur Burns was the Fed Chairman (February 1, 1970 â€“ January 31, 1978). The gray line represent the years 1948-2007.

{Click on the image to take a closer look}

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Unemployment[/tags]

Inflation vs Unemployment: Miller Years

Catherine — Mon, 04 Aug 2008 00:42:10 +0000

I have plotted the annual inflation (CPI-U) vs unemployment. The green line represents the time William Miller was the Fed Chairmen (March 8, 1978 â€“ August 6, 1979). The gray line represent the years 1948-2007.

{Click on the image to take a closer look}

The series of plots I have been posting, look at the relationship between inflation and unemployment. In traditional economic theory, the Phillips curve predicts that as inflation goes up unemployment goes down. However, this was true only up to the late 60s in the United States.

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Unemployment[/tags]

Inflation vs Unemployment: Volcker Years

Catherine — Mon, 28 Jul 2008 00:28:18 +0000

I have plotted the annual inflation (CPI-U) vs unemployment. The green line represents the time Paul Volcker was the Fed Chairman (August 6, 1979 â€“ August 11, 1987). The gray line represent the years 1948-2007.

{Click on the image to take a closer look}

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Unemployment[/tags]

Annual Inflation: Transportation vs Medical Care (1935-2007)

Catherine — Mon, 23 Jun 2008 00:13:37 +0000

I have plotted the annual inflation (CPI-U) for transportation sector (cars, trucks, airline fares, public transportation, gasoline, repairs, insurance etc…) and medical care sector (prescription drugs, medical supplies, doctor visits, dentists, hospital services, insurance etc…) from 1935 to 2007.

{Click on the image to take a closer look}

Data from Bureau of Labor Statistics

[tags]United States, Inflation, Medical Care, Transportation[/tags]

US Inflation: Annual Percent Change (1774-2007)

Catherine — Tue, 27 May 2008 17:42:50 +0000

Here is the annual percent change of inflation (CPI) in the Untied States from 1774 to 2007, which I graphed in my previous post, but this time I added historical events to the graph: Wars, Banking Panics, Pegging Paper Money to the Gold and Silver Standard, Establishment of the Federal Reserve and the US Mint.

{Click on the image to take a closer look}

Data from MeasuringWorth.org

[tags]United States, Inflation[/tags]

Inflation in the United States (1774-2007)

Catherine — Mon, 19 May 2008 01:24:16 +0000

I graphed the annual percent change of inflation (CPI) in the United States from 1774 to 2007 and then added a graph of the CPI index. This index takes $100 in 2007 and shows what the equivalent dollar amount is for each year (so in 1774 that would be $3.77). However, this does not represent the changes in the standard of living, given the invention of new technology.

{Click on the image to take a closer look}

Data from MeasuringWorth.org

[tags]United States, Inflation[/tags]