misery index and the current rise of inflation

Remember the Misery Index

June 22, 2022

The misery index, a fabricated summary economic statistic that gained fame during the late 1970s and early 1980s but pre-existed that era, simply adds the U.S. 12-month rate of CPI inflation to the unemployment rate for any given month. The misery index peaked at 22.0 in June 1980 and registered a record low of 3.0 […] More