NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Real User Cost Index of MSI-M2 (alternative) Series ID: OCM2A Source: Anderson, Richard G., Jones, Barry E. Release: Monetary Services Index (MSI) (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1967-01-01 to 2013-12-01 Last Updated: 2014-01-17 7:16 AM CST Notes: Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield. DATE VALUE 1967-01-01 0.0261 1967-02-01 0.0238 1967-03-01 0.0234 1967-04-01 0.0201 1967-05-01 0.0202 1967-06-01 0.0226 1967-07-01 0.0218 1967-08-01 0.0224 1967-09-01 0.0225 1967-10-01 0.0242 1967-11-01 0.0272 1967-12-01 0.0287 1968-01-01 0.0261 1968-02-01 0.0249 1968-03-01 0.0286 1968-04-01 0.0279 1968-05-01 0.0316 1968-06-01 0.0320 1968-07-01 0.0290 1968-08-01 0.0269 1968-09-01 0.0265 1968-10-01 0.0293 1968-11-01 0.0317 1968-12-01 0.0334 1969-01-01 0.0355 1969-02-01 0.0392 1969-03-01 0.0418 1969-04-01 0.0414 1969-05-01 0.0478 1969-06-01 0.0572 1969-07-01 0.0560 1969-08-01 0.0548 1969-09-01 0.0572 1969-10-01 0.0506 1969-11-01 0.0534 1969-12-01 0.0571 1970-01-01 0.0504 1970-02-01 0.0466 1970-03-01 0.0434 1970-04-01 0.0404 1970-05-01 0.0430 1970-06-01 0.0463 1970-07-01 0.0425 1970-08-01 0.0399 1970-09-01 0.0396 1970-10-01 0.0392 1970-11-01 0.0395 1970-12-01 0.0379 1971-01-01 0.0356 1971-02-01 0.0336 1971-03-01 0.0342 1971-04-01 0.0343 1971-05-01 0.0353 1971-06-01 0.0361 1971-07-01 0.0361 1971-08-01 0.0425 1971-09-01 0.0413 1971-10-01 0.0341 1971-11-01 0.0335 1971-12-01 0.0336 1972-01-01 0.0327 1972-02-01 0.0328 1972-03-01 0.0329 1972-04-01 0.0329 1972-05-01 0.0328 1972-06-01 0.0326 1972-07-01 0.0328 1972-08-01 0.0325 1972-09-01 0.0319 1972-10-01 0.0317 1972-11-01 0.0312 1972-12-01 0.0308 1973-01-01 0.0306 1973-02-01 0.0460 1973-03-01 0.0431 1973-04-01 0.0451 1973-05-01 0.0420 1973-06-01 0.0437 1973-07-01 0.0522 1973-08-01 0.0583 1973-09-01 0.0565 1973-10-01 0.0519 1973-11-01 0.0483 1973-12-01 0.0542 1974-01-01 0.0461 1974-02-01 0.0406 1974-03-01 0.0444 1974-04-01 0.0524 1974-05-01 0.0594 1974-06-01 0.0620 1974-07-01 0.0701 1974-08-01 0.0708 1974-09-01 0.0655 1974-10-01 0.0549 1974-11-01 0.0495 1974-12-01 0.0507 1975-01-01 0.0470 1975-02-01 0.0460 1975-03-01 0.0449 1975-04-01 0.0455 1975-05-01 0.0462 1975-06-01 0.0457 1975-07-01 0.0452 1975-08-01 0.0455 1975-09-01 0.0456 1975-10-01 0.0456 1975-11-01 0.0453 1975-12-01 0.0452 1976-01-01 0.0443 1976-02-01 0.0432 1976-03-01 0.0424 1976-04-01 0.0413 1976-05-01 0.0408 1976-06-01 0.0410 1976-07-01 0.0406 1976-08-01 0.0394 1976-09-01 0.0378 1976-10-01 0.0371 1976-11-01 0.0368 1976-12-01 0.0361 1977-01-01 0.0359 1977-02-01 0.0362 1977-03-01 0.0362 1977-04-01 0.0358 1977-05-01 0.0354 1977-06-01 0.0347 1977-07-01 0.0344 1977-08-01 0.0340 1977-09-01 0.0339 1977-10-01 0.0345 1977-11-01 0.0349 1977-12-01 0.0351 1978-01-01 0.0363 1978-02-01 0.0365 1978-03-01 0.0369 1978-04-01 0.0372 1978-05-01 0.0384 1978-06-01 0.0369 1978-07-01 0.0378 1978-08-01 0.0367 1978-09-01 0.0391 1978-10-01 0.0446 1978-11-01 0.0518 1978-12-01 0.0526 1979-01-01 0.0504 1979-02-01 0.0462 1979-03-01 0.0451 1979-04-01 0.0443 1979-05-01 0.0451 1979-06-01 0.0440 1979-07-01 0.0454 1979-08-01 0.0492 1979-09-01 0.0547 1979-10-01 0.0639 1979-11-01 0.0641 1979-12-01 0.0617 1980-01-01 0.0600 1980-02-01 0.0653 1980-03-01 0.0791 1980-04-01 0.0762 1980-05-01 0.0605 1980-06-01 0.0546 1980-07-01 0.0529 1980-08-01 0.0532 1980-09-01 0.0524 1980-10-01 0.0562 1980-11-01 0.0692 1980-12-01 0.0917 1981-01-01 0.0876 1981-02-01 0.0697 1981-03-01 0.0615 1981-04-01 0.0647 1981-05-01 0.0793 1981-06-01 0.0816 1981-07-01 0.0847 1981-08-01 0.0757 1981-09-01 0.0721 1981-10-01 0.0674 1981-11-01 0.0619 1981-12-01 0.0693 1982-01-01 0.0685 1982-02-01 0.0635 1982-03-01 0.0639 1982-04-01 0.0638 1982-05-01 0.0646 1982-06-01 0.0671 1982-07-01 0.0653 1982-08-01 0.0703 1982-09-01 0.0707 1982-10-01 0.0670 1982-11-01 0.0660 1982-12-01 0.0653 1983-01-01 0.0649 1983-02-01 0.0642 1983-03-01 0.0615 1983-04-01 0.0583 1983-05-01 0.0575 1983-06-01 0.0579 1983-07-01 0.0565 1983-08-01 0.0571 1983-09-01 0.0571 1983-10-01 0.0561 1983-11-01 0.0580 1983-12-01 0.0589 1984-01-01 0.0581 1984-02-01 0.0573 1984-03-01 0.0593 1984-04-01 0.0609 1984-05-01 0.0623 1984-06-01 0.0635 1984-07-01 0.0624 1984-08-01 0.0574 1984-09-01 0.0558 1984-10-01 0.0548 1984-11-01 0.0553 1984-12-01 0.0586 1985-01-01 0.0599 1985-02-01 0.0596 1985-03-01 0.0624 1985-04-01 0.0620 1985-05-01 0.0615 1985-06-01 0.0582 1985-07-01 0.0590 1985-08-01 0.0596 1985-09-01 0.0593 1985-10-01 0.0580 1985-11-01 0.0550 1985-12-01 0.0519 1986-01-01 0.0508 1986-02-01 0.0481 1986-03-01 0.0444 1986-04-01 0.0441 1986-05-01 0.0458 1986-06-01 0.0465 1986-07-01 0.0464 1986-08-01 0.0481 1986-09-01 0.0496 1986-10-01 0.0506 1986-11-01 0.0494 1986-12-01 0.0484 1987-01-01 0.0464 1987-02-01 0.0459 1987-03-01 0.0458 1987-04-01 0.0490 1987-05-01 0.0516 1987-06-01 0.0511 1987-07-01 0.0517 1987-08-01 0.0531 1987-09-01 0.0561 1987-10-01 0.0574 1987-11-01 0.0545 1987-12-01 0.0549 1988-01-01 0.0533 1988-02-01 0.0506 1988-03-01 0.0505 1988-04-01 0.0533 1988-05-01 0.0537 1988-06-01 0.0528 1988-07-01 0.0529 1988-08-01 0.0524 1988-09-01 0.0492 1988-10-01 0.0446 1988-11-01 0.0442 1988-12-01 0.0445 1989-01-01 0.0436 1989-02-01 0.0452 1989-03-01 0.0489 1989-04-01 0.0459 1989-05-01 0.0414 1989-06-01 0.0410 1989-07-01 0.0399 1989-08-01 0.0371 1989-09-01 0.0377 1989-10-01 0.0367 1989-11-01 0.0364 1989-12-01 0.0369 1990-01-01 0.0386 1990-02-01 0.0405 1990-03-01 0.0411 1990-04-01 0.0418 1990-05-01 0.0425 1990-06-01 0.0408 1990-07-01 0.0410 1990-08-01 0.0434 1990-09-01 0.0457 1990-10-01 0.0469 1990-11-01 0.0465 1990-12-01 0.0456 1991-01-01 0.0476 1991-02-01 0.0464 1991-03-01 0.0475 1991-04-01 0.0474 1991-05-01 0.0480 1991-06-01 0.0494 1991-07-01 0.0492 1991-08-01 0.0480 1991-09-01 0.0478 1991-10-01 0.0489 1991-11-01 0.0506 1991-12-01 0.0515 1992-01-01 0.0540 1992-02-01 0.0563 1992-03-01 0.0568 1992-04-01 0.0570 1992-05-01 0.0572 1992-06-01 0.0570 1992-07-01 0.0570 1992-08-01 0.0564 1992-09-01 0.0571 1992-10-01 0.0598 1992-11-01 0.0609 1992-12-01 0.0596 1993-01-01 0.0586 1993-02-01 0.0565 1993-03-01 0.0549 1993-04-01 0.0551 1993-05-01 0.0561 1993-06-01 0.0550 1993-07-01 0.0539 1993-08-01 0.0512 1993-09-01 0.0492 1993-10-01 0.0490 1993-11-01 0.0521 1993-12-01 0.0525 1994-01-01 0.0523 1994-02-01 0.0532 1994-03-01 0.0562 1994-04-01 0.0591 1994-05-01 0.0592 1994-06-01 0.0587 1994-07-01 0.0595 1994-08-01 0.0586 1994-09-01 0.0600 1994-10-01 0.0610 1994-11-01 0.0609 1994-12-01 0.0579 1995-01-01 0.0569 1995-02-01 0.0541 1995-03-01 0.0524 1995-04-01 0.0513 1995-05-01 0.0480 1995-06-01 0.0457 1995-07-01 0.0472 1995-08-01 0.0487 1995-09-01 0.0465 1995-10-01 0.0449 1995-11-01 0.0444 1995-12-01 0.0429 1996-01-01 0.0432 1996-02-01 0.0454 1996-03-01 0.0491 1996-04-01 0.0506 1996-05-01 0.0516 1996-06-01 0.0524 1996-07-01 0.0516 1996-08-01 0.0501 1996-09-01 0.0515 1996-10-01 0.0491 1996-11-01 0.0467 1996-12-01 0.0477 1997-01-01 0.0495 1997-02-01 0.0482 1997-03-01 0.0502 1997-04-01 0.0513 1997-05-01 0.0498 1997-06-01 0.0482 1997-07-01 0.0459 1997-08-01 0.0465 1997-09-01 0.0455 1997-10-01 0.0444 1997-11-01 0.0431 1997-12-01 0.0422 1998-01-01 0.0414 1998-02-01 0.0421 1998-03-01 0.0430 1998-04-01 0.0432 1998-05-01 0.0431 1998-06-01 0.0416 1998-07-01 0.0418 1998-08-01 0.0416 1998-09-01 0.0414 1998-10-01 0.0432 1998-11-01 0.0455 1998-12-01 0.0451 1999-01-01 0.0459 1999-02-01 0.0471 1999-03-01 0.0485 1999-04-01 0.0483 1999-05-01 0.0505 1999-06-01 0.0530 1999-07-01 0.0521 1999-08-01 0.0535 1999-09-01 0.0536 1999-10-01 0.0548 1999-11-01 0.0525 1999-12-01 0.0523 2000-01-01 0.0534 2000-02-01 0.0526 2000-03-01 0.0531 2000-04-01 0.0531 2000-05-01 0.0567 2000-06-01 0.0522 2000-07-01 0.0510 2000-08-01 0.0502 2000-09-01 0.0509 2000-10-01 0.0508 2000-11-01 0.0501 2000-12-01 0.0480 2001-01-01 0.0488 2001-02-01 0.0496 2001-03-01 0.0506 2001-04-01 0.0541 2001-05-01 0.0559 2001-06-01 0.0560 2001-07-01 0.0568 2001-08-01 0.0563 2001-09-01 0.0592 2001-10-01 0.0607 2001-11-01 0.0615 2001-12-01 0.0644 2002-01-01 0.0635 2002-02-01 0.0640 2002-03-01 0.0660 2002-04-01 0.0653 2002-05-01 0.0658 2002-06-01 0.0647 2002-07-01 0.0644 2002-08-01 0.0621 2002-09-01 0.0607 2002-10-01 0.0638 2002-11-01 0.0636 2002-12-01 0.0627 2003-01-01 0.0621 2003-02-01 0.0598 2003-03-01 0.0591 2003-04-01 0.0585 2003-05-01 0.0545 2003-06-01 0.0532 2003-07-01 0.0575 2003-08-01 0.0610 2003-09-01 0.0591 2003-10-01 0.0586 2003-11-01 0.0580 2003-12-01 0.0575 2004-01-01 0.0561 2004-02-01 0.0546 2004-03-01 0.0534 2004-04-01 0.0564 2004-05-01 0.0589 2004-06-01 0.0591 2004-07-01 0.0574 2004-08-01 0.0557 2004-09-01 0.0538 2004-10-01 0.0529 2004-11-01 0.0525 2004-12-01 0.0516 2005-01-01 0.0501 2005-02-01 0.0479 2005-03-01 0.0497 2005-04-01 0.0490 2005-05-01 0.0482 2005-06-01 0.0467 2005-07-01 0.0472 2005-08-01 0.0469 2005-09-01 0.0472 2005-10-01 0.0493 2005-11-01 0.0497 2005-12-01 0.0487 2006-01-01 0.0478 2006-02-01 0.0478 2006-03-01 0.0487 2006-04-01 0.0507 2006-05-01 0.0510 2006-06-01 0.0511 2006-07-01 0.0505 2006-08-01 0.0486 2006-09-01 0.0474 2006-10-01 0.0473 2006-11-01 0.0471 2006-12-01 0.0470 2007-01-01 0.0473 2007-02-01 0.0473 2007-03-01 0.0468 2007-04-01 0.0468 2007-05-01 0.0470 2007-06-01 0.0493 2007-07-01 0.0488 2007-08-01 0.0487 2007-09-01 0.0484 2007-10-01 0.0477 2007-11-01 0.0475 2007-12-01 0.0500 2008-01-01 0.0498 2008-02-01 0.0550 2008-03-01 0.0570 2008-04-01 0.0589 2008-05-01 0.0582 2008-06-01 0.0594 2008-07-01 0.0601 2008-08-01 0.0599 2008-09-01 0.0613 2008-10-01 0.0753 2008-11-01 0.0789 2008-12-01 0.0734 2009-01-01 0.0722 2009-02-01 0.0723 2009-03-01 0.0755 2009-04-01 0.0756 2009-05-01 0.0731 2009-06-01 0.0681 2009-07-01 0.0647 2009-08-01 0.0603 2009-09-01 0.0582 2009-10-01 0.0581 2009-11-01 0.0586 2009-12-01 0.0594 2010-01-01 0.0584 2010-02-01 0.0593 2010-03-01 0.0588 2010-04-01 0.0586 2010-05-01 0.0568 2010-06-01 0.0585 2010-07-01 0.0565 2010-08-01 0.0534 2010-09-01 0.0534 2010-10-01 0.0540 2010-11-01 0.0559 2010-12-01 0.0574 2011-01-01 0.0574 2011-02-01 0.0579 2011-03-01 0.0569 2011-04-01 0.0569 2011-05-01 0.0547 2011-06-01 0.0545 2011-07-01 0.0545 2011-08-01 0.0509 2011-09-01 0.0501 2011-10-01 0.0511 2011-11-01 0.0489 2011-12-01 0.0500 2012-01-01 0.0498 2012-02-01 0.0490 2012-03-01 0.0498 2012-04-01 0.0494 2012-05-01 0.0483 2012-06-01 0.0478 2012-07-01 0.0465 2012-08-01 0.0469 2012-09-01 0.0463 2012-10-01 0.0439 2012-11-01 0.0433 2012-12-01 0.0443 2013-01-01 0.0453 2013-02-01 0.0463 2013-03-01 0.0463 2013-04-01 0.0439 2013-05-01 0.0452 2013-06-01 0.0495 2013-07-01 0.0507 2013-08-01 0.0516 2013-09-01 0.0520 2013-10-01 0.0505 2013-11-01 0.0511 2013-12-01 0.0511