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Purchasing Power of the Dollar under Jimmy Carter

Purchasing Power of the Dollar went from $60.82 in Jimmy Carter's first month to $41.32 at month 48: a change of −32.1%. At that point in office it ranks #9 of 9 administrations since 1969. Official data from the Bureau of Labor Statistics (BLS).

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Month 1
$60.82
Month 48
$41.32
Change
−32.1%
Rank at that point
#9 of 9
-30.9%-16.0%-1.2%Month 1Month 13Month 25Month 37Month 48Nixon, month 1: 0.0%Nixon, month 4: -1.7%Nixon, month 7: -3.0%Nixon, month 10: -4.3%Nixon, month 13: -5.8%Nixon, month 16: -7.3%Nixon, month 19: -8.2%Nixon, month 22: -9.4%Nixon, month 25: -10.5%Nixon, month 28: -11.0%Nixon, month 31: -12.1%Nixon, month 34: -12.7%Nixon, month 37: -13.3%Nixon, month 40: -14.0%Nixon, month 43: -14.6%Nixon, month 46: -15.4%Nixon, month 48: -16.0%NixonReagan, month 1: 0.0%Reagan, month 4: -2.1%Reagan, month 7: -4.7%Reagan, month 10: -6.6%Reagan, month 13: -7.6%Reagan, month 16: -8.2%Reagan, month 19: -10.6%Reagan, month 22: -11.1%Reagan, month 25: -10.9%Reagan, month 28: -11.7%Reagan, month 31: -12.6%Reagan, month 34: -13.5%Reagan, month 37: -14.6%Reagan, month 40: -15.6%Reagan, month 43: -16.2%Reagan, month 46: -17.0%Reagan, month 48: -17.3%ReaganBush 41, month 1: 0.0%Bush 41, month 4: -1.6%Bush 41, month 7: -2.7%Bush 41, month 10: -3.4%Bush 41, month 13: -5.0%Bush 41, month 16: -6.0%Bush 41, month 19: -7.1%Bush 41, month 22: -9.2%Bush 41, month 25: -10.0%Bush 41, month 28: -10.3%Bush 41, month 31: -11.0%Bush 41, month 34: -11.7%Bush 41, month 37: -12.4%Bush 41, month 40: -13.1%Bush 41, month 43: -13.7%Bush 41, month 46: -14.5%Bush 41, month 48: -14.8%Bush 41Clinton, month 1: 0.0%Clinton, month 4: -0.7%Clinton, month 7: -1.2%Clinton, month 10: -1.9%Clinton, month 13: -2.4%Clinton, month 16: -3.0%Clinton, month 19: -3.8%Clinton, month 22: -4.4%Clinton, month 25: -5.1%Clinton, month 28: -5.9%Clinton, month 31: -6.4%Clinton, month 34: -7.0%Clinton, month 37: -7.7%Clinton, month 40: -8.5%Clinton, month 43: -9.0%Clinton, month 46: -9.7%Clinton, month 48: -10.2%ClintonBush 43, month 1: 0.0%Bush 43, month 4: -0.4%Bush 43, month 7: -1.0%Bush 43, month 10: -1.1%Bush 43, month 13: -1.2%Bush 43, month 16: -2.1%Bush 43, month 19: -2.5%Bush 43, month 22: -3.1%Bush 43, month 25: -3.8%Bush 43, month 28: -4.1%Bush 43, month 31: -4.4%Bush 43, month 34: -5.0%Bush 43, month 37: -5.8%Bush 43, month 40: -6.3%Bush 43, month 43: -7.1%Bush 43, month 46: -8.0%Bush 43, month 48: -8.4%Bush 43Obama, month 1: 0.0%Obama, month 4: -0.4%Obama, month 7: -1.2%Obama, month 10: -2.1%Obama, month 13: -2.6%Obama, month 16: -2.5%Obama, month 19: -2.6%Obama, month 22: -3.2%Obama, month 25: -4.2%Obama, month 28: -5.4%Obama, month 31: -5.9%Obama, month 34: -6.5%Obama, month 37: -6.9%Obama, month 40: -7.5%Obama, month 43: -7.2%Obama, month 46: -8.5%Obama, month 48: -8.3%ObamaTrump I, month 1: 0.0%Trump I, month 4: -0.2%Trump I, month 7: -0.2%Trump I, month 10: -1.2%Trump I, month 13: -2.0%Trump I, month 16: -2.6%Trump I, month 19: -3.0%Trump I, month 22: -3.6%Trump I, month 25: -3.5%Trump I, month 28: -4.5%Trump I, month 31: -4.7%Trump I, month 34: -5.3%Trump I, month 37: -5.9%Trump I, month 40: -4.8%Trump I, month 43: -5.7%Trump I, month 46: -6.4%Trump I, month 48: -7.0%Trump IBiden, month 1: 0.0%Biden, month 4: -1.5%Biden, month 7: -3.4%Biden, month 10: -5.0%Biden, month 13: -7.0%Biden, month 16: -9.0%Biden, month 19: -10.9%Biden, month 22: -11.8%Biden, month 25: -12.6%Biden, month 28: -13.2%Biden, month 31: -13.8%Biden, month 34: -14.6%Biden, month 37: -15.2%Biden, month 40: -16.1%Biden, month 43: -16.2%Biden, month 46: -16.8%Biden, month 48: -17.3%BidenTrump II, month 1: 0.0%Trump II, month 4: -0.4%Trump II, month 7: -1.0%Trump II, month 11: -1.9%Trump II, month 14: -2.6%Trump II, month 17: -4.5%Trump II, month 20: -4.6%Trump II, month 21: -5.1%Trump IICarter, month 1: 0.0%Carter, month 4: -2.2%Carter, month 7: -3.5%Carter, month 10: -4.7%Carter, month 13: -6.4%Carter, month 16: -8.1%Carter, month 19: -10.4%Carter, month 22: -12.5%Carter, month 25: -14.3%Carter, month 28: -16.9%Carter, month 31: -19.6%Carter, month 34: -22.0%Carter, month 37: -24.7%Carter, month 40: -27.4%Carter, month 43: -28.9%Carter, month 46: -30.7%Carter, month 48: -32.1%Carter
% change since each president's first month in office, months 1–48 of each term. Highlighted: Carter.

All administrations at month 48

Purchasing Power of the Dollar at month 48 in office, 9 administrations ranked on % change since month 1. Average of all 9: −14.6%.
RankAdministrationValue at month 48Change since month 1Latest / end of month 48Primary federal source
#1Donald Trump (first term)$13.62−7.0%$13.62 (month 48)Bureau of Labor Statistics · CPIAUCSL
#2Barack Obama$15.44−8.3%$15.44 (month 48)Bureau of Labor Statistics · CPIAUCSL
#3George W. Bush$18.62−8.4%$18.62 (month 48)Bureau of Labor Statistics · CPIAUCSL
#4Bill Clinton$22.44−10.2%$22.44 (month 48)Bureau of Labor Statistics · CPIAUCSL
#5George H. W. Bush$25.09−14.8%$25.09 (month 48)Bureau of Labor Statistics · CPIAUCSL
#6Richard Nixon$84.00−16.0%$84.00 (month 48)Bureau of Labor Statistics · CPIAUCSL
#7Joe Biden$11.24−17.3%$11.24 (month 48)Bureau of Labor Statistics · CPIAUCSL
#8Ronald Reagan$33.84−17.3%$33.84 (month 48)Bureau of Labor Statistics · CPIAUCSL
#9Jimmy Carter$41.32−32.1%$41.32 (month 48)Bureau of Labor Statistics · CPIAUCSL

Methodology and source verification

What a dollar at the start of the term buys at each later month: CPI at month 0 divided by CPI at that month. Ranked on the % change since month 0.

Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.

Primary source: Bureau of Labor Statistics (BLS). Retrieved from the Federal Reserve Bank of St. Louis (FRED), series CPIAUCSL, refreshed hourly. Latest observation 2026-09-01, first published 2026-10-14. Full methods: methodology.

More on Jimmy Carter

GDP GrowthReal GDPUnemployment RateLabor Force ParticipationJobs Added per MonthManufacturing JobsInflation (CPI)Core InflationGas PricesReal WagesFederal Funds RateDebt-to-GDPTrade Balance30-Year Mortgage RateHousing StartsRetail SalesJob OpeningsJob Openings per Job SeekerPersonal Saving RateConsumer SentimentS&P 50010-Year Treasury Yield5-Year Treasury YieldYield Curve (10Y–2Y)Federal Budget Balance

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