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Author: 1st Discount Brokerage

—Misery Seeks Company

Yale professor, Arthur Okun created the Misery Index for academics, business leaders, policymakers, and investors alike to gauge the perceived present pulse of the economy. Particularly, how the American public at large is feeling about their current state. The Misery Index is the total of both the inflation and unemployment rate. The higher the number,

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Housing Rises by $1 Trillion

National Home Prices rose 3.2% year-over-year, according to S&P/Case-Shiller. Atlanta, Boston, and Miami led metro area price appreciation at 4.0%, 3.9%, and 3.9%, respectively. While Los Angeles, New York, and San Franciso trailed the national average by single digits, but still rose 1.1%, 0.9%, and 0.2%. Census Bureau tabulates occupied housing units at 122.5 million.

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20 1stdb 01 Cta Apr 01