================2019 December================

As Of December 2019 The Economic Stress Index is:

2.16

Underemployment: 6.56
GDP: 2.32
Household Income: 2.08
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U6 Explanation

The U-6 counts the regular unemployed (known as the official Unemployment Rate or U-3), plus those marginally attached to the workforce (halfway looking for jobs), plus those who have part time jobs because they can’t find full-time jobs due to the state of the economy. The monthly Economic Stress Index uses a rolling 3-month average of the Seasonally Unadjusted U-6.

GDP Explanation

The percent change in GDP of the latest quarter compared to the same quarter a year earlier. In the Annual section it is the annual percent change in GDP (Gross Domestic Product) of the current year compared to the year before.

Income Explanation

We look at the year over year change in Disposal Personal Income for the monthly report and at Household Income by the Census for the annual report. The monthly report looks at a three-month average, such as this year’s fist quarter compared to last year’s first quarter, while the annual report compares the full year-over-year change. (Until 2020, we used the monthly Household Income data from Sentier Research for the monthly report. However, Sentier stopped releasing it so we are using Disposal Personal Income minus government transfers which is released monthly by the Commerce Department.)