Between the first and second quarters of 2017, the general level of misery experienced by people in the United States and Kansas decreased and remained below the 2016 level. This can be attributed to the decrease in the unemployment rate and inflation.
The level of misery in Wichita is equal to the national level, all other areas in Kansas are below the national level.
The Misery Index, as calculated by the Center for Economic Development and Business Research (CEDBR), includes the following components:
- The Consumer Price Index (CPI) from the Bureau of Labor Statistics
- The House Price Index (HPI) from the Federal Housing Finance Agency
- Unemployment Rates (UR) from the Bureau of Labor Statistics
Read the complete second quarter report.