{"id":261158,"date":"2024-09-28T21:29:35","date_gmt":"2024-09-28T21:29:35","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/28\/misery-index-2020m12-and-2024m08-8-0-vs-6-8\/"},"modified":"2025-06-25T17:11:05","modified_gmt":"2025-06-25T17:11:05","slug":"misery-index-2020m12-and-2024m08-8-0-vs-6-8","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/28\/misery-index-2020m12-and-2024m08-8-0-vs-6-8\/","title":{"rendered":"Misery Index, 2020M12 and 2024M08: 8.0% vs. 6.8%"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-53988\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>With latest available data:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-53989\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index.png\" alt=\"\" width=\"820\" height=\"532\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index.png 820w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index-300x195.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index-768x498.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/misery_index-624x405.png 624w\" sizes=\"(max-width: 820px) 100vw, 820px\"\/><\/a><\/p>\n<p><em>Figure 1: Misery Index, calculated as simple sum of unemployment rate and 12 month CPI inflation rate. NBER defined peak-to-trough recession dates shaded gray. Source: BLS via FRED, NBER, and author\u2019s calculations.<\/em><\/p>\n<p>Note that Misery was 9.7% in 2020M08, exactly 4 previous to August 2024 reading.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/misery-index-2020m12-and-2024m08-8-0-vs-6-8\" title=\"1:56 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-09-28T13:56:34-07:00\">September 28, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/misery-index-2020m12-and-2024m08-8-0-vs-6-8\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] With latest available data: Figure 1: Misery Index, calculated as simple sum of unemployment rate and 12 month CPI inflation rate. NBER defined peak-to-trough<\/p>\n","protected":false},"author":1,"featured_media":261159,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/261158"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=261158"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/261158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/261159"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=261158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=261158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=261158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}