Between the second and third quarters of 2014 the general level of misery experienced by people in the United States increased slightly. This can be attributed to the increase in both the inflation rate and the unemployment rate. Despite experiencing a third quarter increase in misery, Kansans continue to experience a lower level of misery than the nation as a whole.
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