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Understanding the “Misery Index”
By Dan Ariely PhD
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Filed under: Glossary Terms, LifeStyle | Tagged: Dan Ariely PhD, Misery Index, Regret Principles |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
MISERY INDEX
This month, the S&P 500 has reached record highs, wage growth is accelerating, and jobless claims have fallen to the lowest level since 1969. So it comes as somewhat of a surprise that the nation’s economic misery, as measured by one index, is at levels typically seen during recessions, according to a new report from Oxford Economics.
Chief among the findings of the report, written by Senior Economist Bob Schwartz, is that the U.S. misery index was 11.2 in November, a level similar to the indices during economic recessions.
Bill
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