misery index


Definition of misery index

: the sum of the rate of unemployment and the rate of inflation used as an economic indicator

Examples of misery index in a Sentence

Recent Examples on the Web Things have changed in our economy since the misery index was first invented in the 1970s. Peter Cohan, Forbes, 17 May 2022 With the misery index approaching 22%, Carter spent two weeks at Camp David trying to make sense of it all. David Oshinsky, WSJ, 29 July 2022 Is this the misery index for the Big Ten or the Red Wings? Ryan Ford, Detroit Free Press, 7 Nov. 2021 During the 1976 presidential campaign, Democratic nominee Jimmy Carter capitalized on the economic pain voters were feeling under Republican President Gerald Ford by seizing on an obscure metric with a dreary name: the misery index. Jim Puzzanghera, BostonGlobe.com, 3 June 2022 The misery index is elevated because of high inflation and will rise higher if the unemployment rate goes up before the consumer price index moves down. Jim Puzzanghera, BostonGlobe.com, 3 June 2022 In the last 12 years, my new misery index has been positive in only three years (its 12 year average is -6.5%). Peter Cohan, Forbes, 17 May 2022 My version of the misery index is the sum of the year-end unemployment, inflation, and bank-lending rates, minus the annual percentage change in real GDP per capita. Steve H. Hanke, National Review, 16 Mar. 2022 Four years later, Ronald Reagan hung the misery index, by then above 20 percent, around Carter’s neck. Timothy Noah, The New Republic, 16 Mar. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'misery index.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of misery index

1975, in the meaning defined above

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The first known use of misery index was in 1975

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misery guts

misery index


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Last Updated

22 Aug 2022

Cite this Entry

“Misery index.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/misery%20index. Accessed 27 Sep. 2022.

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