1987-1993 Timeline

By William Woodruff

  • Stock Market Crash

    Stock Market Crash
    3.6% Inflation
    104.3 CCI
    113.6 Consumer Price Index
    4.86Trillion GDP
    20,063 GDP Per Capita
    6.2% Unemployment rates
    Discount rate-6%
    Reserve ratio 4
    Gov Spending- 250 Billion
    Tax Revenue-854 Billion

  • Federal funds rates raised

    Inflation 4.1%
    CCI 103.2
    CPI 118.3
    GDP 5.25 Trillion
    GDP Per Capita 21,48.23
    Unemployment rates 5.5%
    Discount rate.6.50%
    Reserve Ratio 3.9
    Gov Spending-1.1 Trillion
    Tax Revenue-909 BIllion

  • S&L Crisis

    S&L Crisis
    More than 1000 of the nations Savings and Loans failed
    Inflation 4.8%
    CCI 89.2
    CPI 124.0
    GDP 5.66 Trillion
    GDP Per Capita 22,922
    Unemployment 6.72%
    Interest rates6.72'%
    Discount rate-7.0%
    Reserve Ratio-3.8
    Gov spending- 1.2 Trillion
    Tax Revenue-991 Billion

  • Recession

    Monetary Policy
    The US underwent a recession for 8 months from 1990-1991
    Inflation-4.2%
    CCI-98.4
    CPI-136.2
    GDP-6.17 Trillion
    GDP Per Capita-24,405.16
    Unemployment Rates-6.8%
    Interest Rate-4.97
    Discount rate-5.50%
    Reserve ratio-2.5
    Gov spending 1.25 Trillion
    Tax Revenue-1.03 Trillion

  • NAFTA Drafted

    NAFTA Drafted
    North America Free Trade Agreement
    Inflation-3%
    CCI-98.8
    CPI-140.3
    GDP-6.54 Trillion
    GDP Per Capita 2549.25
    Unemployment Rates-7.5%
    Interest Rates-3.88
    Discount rate-3.0%
    Reserve Ratio-2.6
    Gov Spending- 1.381 Trillion
    Tax Revenue-1.05 Trillion

  • Balanced Budget Act

    Inflation 3%
    CCI-98.5
    CPI-144.5
    GDP-6.88 Trillion
    GDP Per Capita-26,464.85
    Unemployment Rates-6.9%
    Interest Rates-3.54
    Discount rate-4.0%
    Reserve Ratio-2.4
    Gov Spending-1.402 Trillion
    Tax Revenue-1.09 Trillion