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: CredAbility Consumer Distress Index for Household Budget (DISCONTINUED) Series ID: CCDIHBQ156N Source: CredAbility Nonprofit Credit Counseling & Education Release: CredAbility Consumer Distress Index (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Quarterly Units: Percent Date Range: 1980-01-01 to 2013-01-01 Last Updated: 2013-05-17 1:18 PM CDT Notes: Overview of the Index The Index is a quarterly comprehensive picture of the average American household’s financial condition. Built by assessing the key elements of financial health and distress, it converts a complex set of factors into a single, easy to understand number. Scope and History The index measures the U.S., all 50 states and more than 70 MSAs. The national and state versions date back to 1980 and the MSA versions date back to 1990. Public Data and Proprietary Methodology We use more than 65 data points from government, public and private data and a proprietary methodology for compiling, combining and evaluating data. With nearly 50 years of experience and insight into helping consumers in financial distress, we know the biggest causes of distress, how people react to financial challenges and proven strategies for regaining control. (Note: Our client data is not a data source for the Index) Measured on a 100 Point Scale Financial distress is measured on a 100 point scale and a score under 70 indicates financial distress. The lower the score equals more distress, a weaker financial position, more urgency to act, takes longer and is harder to resolve, and increases the probability of needing a third party help to resolve. The Index score is tied to one of 5 general rating categories, which reflect the strength and stability of the consumer’s position. Less than 60 Emergency / Crisis 60 – 69 Distressed / Unstable 70 – 79 Weakening / At-Risk 80 – 89 Good / Stable 90 and Above Excellent / Secure What Does the Index Measure? We measure the 5 categories of personal finance that reflect or lead to a secure, stable financial life—Employment, Housing, Credit, Household Budget and Net Worth. All are equally important, so have given each category equal weighting. Employment. Stable income is the foundation of any family’s finances. This category measures the impact of unemployment and underemployment on financial health. Key Measures: Unemployment, Underemployment Sample Data Source: Department of Labor, Bureau of Labor Statistics Housing. Safe, affordable housing is a priority for all families. This category measures how consumers are paying their mortgage/rent and the impact of housing costs on their finances. Key Measures: Mortgage and Rental Delinquencies, Housing as Percent of Budget Sample Data Source: National Delinquency Survey Credit. Responsible use of credit creates more borrowing options and lower costs. This category assesses the strength of credit scores and how well families manage their credit. Key Measures: Credit Scores, Trade Line Utilization, Credit Delinquencies, Per Capita Bankruptcies Sample Data Source: National Credit Bureau Household Budget. Spending less than you make is the daily choice that leads to long-term success. This category measures families’ spending patterns and saving for emergencies. Key Measures: Disposable Income, Savings, Consumer Confidence Sample Data Source: Department of Commerce, Bureau of Economic Analysis Net Worth. Strong, positive net worth creates options and independence. This category measures how well consumers are strengthening their personal balance sheets. Key Measures: Household Net Worth, Net Worth versus Funds Required for Long-Term Needs (e.g. retirement) Sample Data Source: Federal Reserve Flow of Funds, Survey of Consumer Finances DATE VALUE 1980-01-01 83.422332053312 1980-04-01 80.737954069984 1980-07-01 85.124146813800 1980-10-01 86.067316094367 1981-01-01 84.385454984782 1981-04-01 86.540950983352 1981-07-01 86.766606449796 1981-10-01 84.242911400363 1982-01-01 84.587449506899 1982-04-01 84.627732140652 1982-07-01 84.590095127216 1982-10-01 86.246949632018 1983-01-01 88.065552480880 1983-04-01 92.830801805057 1983-07-01 92.353136440321 1983-10-01 92.178691159382 1984-01-01 92.181309146625 1984-04-01 92.048908154332 1984-07-01 91.892609782917 1984-10-01 91.908835377524 1985-01-01 91.873547732298 1985-04-01 91.835163577492 1985-07-01 91.714465208305 1985-10-01 91.810419440372 1986-01-01 91.789067018734 1986-04-01 92.105830265314 1986-07-01 92.086137889836 1986-10-01 92.263444101268 1987-01-01 92.328755034139 1987-04-01 91.909044832691 1987-07-01 91.466362529570 1987-10-01 90.220331271288 1988-01-01 91.174131995559 1988-04-01 91.218450149418 1988-07-01 90.979462564442 1988-10-01 90.697974159164 1989-01-01 90.422760874367 1989-04-01 90.142452206266 1989-07-01 90.221327179235 1989-10-01 90.377200098529 1990-01-01 90.158588242462 1990-04-01 89.999798759879 1990-07-01 86.226723983160 1990-10-01 81.611252298379 1991-01-01 85.079257608644 1991-04-01 86.978592507433 1991-07-01 87.446428171493 1991-10-01 83.776319618353 1992-01-01 83.082327659001 1992-04-01 85.556882875984 1992-07-01 84.248913557520 1992-10-01 86.445217078845 1993-01-01 87.545673928810 1993-04-01 85.662702480217 1993-07-01 83.726851525689 1993-10-01 85.724607683986 1994-01-01 84.602348530408 1994-04-01 87.185585484893 1994-07-01 86.871720623309 1994-10-01 86.577696196120 1995-01-01 86.486951650809 1995-04-01 86.343817997720 1995-07-01 86.422042305954 1995-10-01 84.889501843776 1996-01-01 85.570425340214 1996-04-01 84.720476911827 1996-07-01 86.076716532385 1996-10-01 83.882001835851 1997-01-01 83.102986682081 1997-04-01 85.284512317651 1997-07-01 81.706989688567 1997-10-01 83.105389669174 1998-01-01 86.056074654957 1998-04-01 85.949996528892 1998-07-01 85.885210313756 1998-10-01 82.489862911529 1999-01-01 81.133800080390 1999-04-01 71.856977439944 1999-07-01 67.568935065836 1999-10-01 68.831144009510 2000-01-01 72.112010741492 2000-04-01 72.144141409288 2000-07-01 72.051872519576 2000-10-01 67.166211087424 2001-01-01 70.295499492811 2001-04-01 65.688770532188 2001-07-01 80.274775315406 2001-10-01 61.045529989589 2002-01-01 79.719446962140 2002-04-01 79.611371652597 2002-07-01 72.588951258418 2002-10-01 71.765155704364 2003-01-01 70.589299650545 2003-04-01 76.650190410535 2003-07-01 77.371168978382 2003-10-01 77.327561966334 2004-01-01 74.301892824690 2004-04-01 77.273365089207 2004-07-01 75.060701330997 2004-10-01 77.042462186628 2005-01-01 62.854509012292 2005-04-01 60.526172367517 2005-07-01 58.875861661716 2005-10-01 59.321007202098 2006-01-01 66.306127480483 2006-04-01 66.649237243670 2006-07-01 65.338622218691 2006-10-01 68.904223376582 2007-01-01 67.482120754417 2007-04-01 64.454207208318 2007-07-01 62.790763385912 2007-10-01 62.210296346839 2008-01-01 59.766757303509 2008-04-01 65.974441221006 2008-07-01 61.995972389112 2008-10-01 69.010038338506 2009-01-01 71.107699273169 2009-04-01 82.632313561977 2009-07-01 75.436786889933 2009-10-01 75.519908432412 2010-01-01 76.542767804398 2010-04-01 80.020487180785 2010-07-01 77.207631321214 2010-10-01 75.134737021401 2011-01-01 77.091573928678 2011-04-01 74.219092404713 2011-07-01 65.979513615682 2011-10-01 65.931468703333 2012-01-01 70.903115742344 2012-04-01 71.869446458484 2012-07-01 69.880074366738 2012-10-01 75.580368316370 2013-01-01 65.195584264587