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 Net Worth (DISCONTINUED) Series ID: CCDINWQ156N 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 1:19 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 62.505973047939 1980-04-01 63.132771737556 1980-07-01 63.779895425815 1980-10-01 64.121413249260 1981-01-01 64.182343879606 1981-04-01 64.247470782596 1981-07-01 64.040110460275 1981-10-01 64.154755946110 1982-01-01 64.043608142541 1982-04-01 63.924306269264 1982-07-01 63.977710895960 1982-10-01 64.124445794022 1983-01-01 64.371051557639 1983-04-01 64.571377236876 1983-07-01 64.534735278947 1983-10-01 64.447289189987 1984-01-01 64.285927071263 1984-04-01 63.924917771711 1984-07-01 63.798732631274 1984-10-01 63.709926987620 1985-01-01 63.670876677423 1985-04-01 63.522141483865 1985-07-01 63.262367198178 1985-10-01 63.562379018016 1986-01-01 63.821593018122 1986-04-01 63.866819029414 1986-07-01 63.599513326070 1986-10-01 63.821679159946 1987-01-01 64.579710100162 1987-04-01 64.737472033255 1987-07-01 64.932666653203 1987-10-01 64.315113715099 1988-01-01 64.555341193813 1988-04-01 64.686919803506 1988-07-01 64.748992614371 1988-10-01 65.006859606064 1989-01-01 64.912693784027 1989-04-01 65.016613815256 1989-07-01 65.339214546272 1989-10-01 65.417400057503 1990-01-01 65.343589615086 1990-04-01 65.590149345306 1990-07-01 65.276190822904 1990-10-01 65.658652198910 1991-01-01 66.132721473064 1991-04-01 66.099596568874 1991-07-01 66.249293403208 1991-10-01 66.644904206055 1992-01-01 66.594441718929 1992-04-01 66.502171229441 1992-07-01 66.603768911475 1992-10-01 66.972593393404 1993-01-01 67.117991147499 1993-04-01 67.098613543058 1993-07-01 67.196051190404 1993-10-01 67.350928770588 1994-01-01 66.964023811264 1994-04-01 66.502081863084 1994-07-01 66.158214008841 1994-10-01 65.802246340876 1995-01-01 65.607876574060 1995-04-01 65.381041757980 1995-07-01 65.217957234019 1995-10-01 64.951412441437 1996-01-01 64.775083049133 1996-04-01 64.631771588602 1996-07-01 64.401021546740 1996-10-01 64.317864265210 1997-01-01 64.195165283332 1997-04-01 64.952922384954 1997-07-01 65.401370435421 1997-10-01 65.347428241483 1998-01-01 66.257313127052 1998-04-01 65.981915876563 1998-07-01 64.967584284020 1998-10-01 66.143406343737 1999-01-01 66.092771603176 1999-04-01 66.466317191037 1999-07-01 65.740623368436 1999-10-01 67.173303779601 2000-01-01 67.550336054036 2000-04-01 66.829206268481 2000-07-01 66.247541334856 2000-10-01 65.003513080538 2001-01-01 63.920617529750 2001-04-01 64.097961402542 2001-07-01 62.919159458683 2001-10-01 63.308140884186 2002-01-01 63.330029784634 2002-04-01 62.364905426257 2002-07-01 61.278721238055 2002-10-01 61.646609415186 2003-01-01 61.462649698230 2003-04-01 62.142137217035 2003-07-01 62.427528816523 2003-10-01 63.406805953428 2004-01-01 63.763654455961 2004-04-01 63.980331903887 2004-07-01 63.933214307403 2004-10-01 64.817054776157 2005-01-01 65.124878528161 2005-04-01 65.546282523081 2005-07-01 66.127235447965 2005-10-01 66.536384709546 2006-01-01 67.326033828342 2006-04-01 66.826540009299 2006-07-01 66.844470707955 2006-10-01 67.353400610671 2007-01-01 67.364242311305 2007-04-01 67.327199511521 2007-07-01 66.918978524084 2007-10-01 66.044301310875 2008-01-01 64.827304857574 2008-04-01 64.012143192789 2008-07-01 62.798771434727 2008-10-01 60.856561226953 2009-01-01 60.041900234817 2009-04-01 60.922150624341 2009-07-01 62.077184610439 2009-10-01 62.602292813786 2010-01-01 63.339143410131 2010-04-01 62.979951817962 2010-07-01 63.615156293225 2010-10-01 64.417093788552 2011-01-01 64.361665859060 2011-04-01 64.716826111070 2011-07-01 64.884264493073 2011-10-01 64.188344288354 2012-01-01 64.355865929920 2012-04-01 65.354459150353 2012-07-01 64.576735660702 2012-10-01 65.182901671114 2013-01-01 65.493573971691