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Monday, February 21, 2022

Whip It! US Misery Index Highest In Modern History As Energy, Food And Building Material Prices SOAR (Flexible CPI Overwhelms Declining Unemployment Rate)

 https://confoundedinterest.net/2022/02/20/whip-it-us-misery-index-highest-in-modern-history-as-energy-food-and-building-material-prices-soar-flexible-cpi-overwhelms-declining-unemployment-rate/

It is truly a miserable time for many Americans as demonstrated by the Misery Index (inflation rate + unemployment rate). But rather than using the CPI YoY measure at 7.5%, I am using the FLEXIBLE CPI YoY to compute the misery index. And is it ever miserable!

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