YEAR CPI INFLATION OUTPUTPH UNEMP 1948 72.03 7.39 3.75 1949 71.32 -1.00 6.05 1950 72.08 1.06 5.21 1951 77.80 7.64 3.28 1952 79.58 2.26 3.03 1953 80.19 0.77 2.93 1954 80.48 0.35 5.59 1955 80.27 -0.26 4.37 1956 81.45 1.46 4.13 1957 84.22 3.34 4.30 1958 86.52 2.69 6.84 1959 87.32 0.92 47.20 5.45 1960 88.63 1.50 48.00 5.54 1961 89.58 1.07 49.80 6.69 1962 90.63 1.17 52.10 5.57 1963 91.77 1.24 54.10 5.64 1964 92.98 1.31 56.60 5.16 1965 94.45 1.57 58.60 4.51 1966 97.28 2.95 61.00 3.79 1967 99.98 2.74 62.30 3.84 1968 104.18 4.12 64.50 3.56 1969 109.83 5.28 64.80 3.49 1970 116.31 5.73 66.20 4.98 1971 121.26 4.17 68.80 5.95 1972 125.27 3.25 71.00 5.60 1973 133.06 6.03 73.10 4.86 1974 147.74 10.47 72.20 5.64 1975 161.23 8.74 74.80 8.48 1976 170.48 5.58 77.20 7.70 1977 181.54 6.28 78.40 7.05 1978 195.43 7.37 79.50 6.07 1979 217.44 10.68 79.70 5.85 1980 246.82 12.67 79.80 7.18 1981 272.35 9.84 81.40 7.62 1982 289.12 5.97 81.20 9.71 1983 298.42 3.17 84.00 9.60 1984 311.13 4.17 86.40 7.51 1985 322.19 3.49 88.10 7.19 1986 328.38 1.90 90.70 7.00 1987 340.38 3.59 91.30 6.18 1988 354.28 4.00 92.40 5.49 1989 371.29 4.69 93.30 5.26 1990 391.37 5.27 94.50 5.62 1991 407.95 4.15 95.90 6.85 1992 420.32 2.99 100.00 7.49 1993 432.73 2.91 100.10 6.91 1994 444.01 2.57 101.40 6.10 1995 456.47 2.77 102.20 5.59 1996 469.85 2.89 105.20 5.41 1997 480.85 2.31 107.50 4.93 1998 488.31 1.54 110.50 4.50 1999 498.53 2.07 113.90 4.23 Variable Notes cpi Consumer Price Index (Annual) Obtained monthly data series from BLS (website: www.bls.gov) US City Average Urban Consumers Index Year 1967=100 Computed 12-month mean for each year inflation Inflation =log(cpi(t))-log(cpi(t-1)) outputph_bls Output/Hour Business Sector, BLS Public series Obtained quarterly data series from BLS (website: www.bls.gov) Index Year 1992=100 Computed 4-quarter mean for each year unemp Unemployment Rate (Annual) Obtained monthly data series from BLS (website: www.bls.gov) Civilian Labor Force 16 Years and Older Computed 12-month mean for each year