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 New York (DISCONTINUED) Series ID: CCDIOANYQ156N 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 77.543349820868 1980-04-01 75.884743966553 1980-07-01 76.464790123153 1980-10-01 76.793751206999 1981-01-01 77.161971530658 1981-04-01 78.282683936200 1981-07-01 77.560628709306 1981-10-01 76.287308210027 1982-01-01 75.642788720713 1982-04-01 75.358500748499 1982-07-01 74.454934855180 1982-10-01 74.360049530730 1983-01-01 74.273655759637 1983-04-01 76.319856275995 1983-07-01 76.903361287478 1983-10-01 77.017557841972 1984-01-01 78.648807037664 1984-04-01 79.149735328378 1984-07-01 78.155572816176 1984-10-01 77.981711855722 1985-01-01 79.186316095632 1985-04-01 79.415364150333 1985-07-01 78.998324613004 1985-10-01 78.708773237647 1986-01-01 80.090040207081 1986-04-01 80.472797656533 1986-07-01 81.511405182860 1986-10-01 82.369437758012 1987-01-01 84.581123120091 1987-04-01 85.962370008296 1987-07-01 85.787119474829 1987-10-01 85.318026943323 1988-01-01 87.918329193162 1988-04-01 88.331680065144 1988-07-01 87.031978319242 1988-10-01 87.213116342832 1989-01-01 87.427962793753 1989-04-01 87.182263038564 1989-07-01 86.022253115516 1989-10-01 84.619619683471 1990-01-01 86.848625356419 1990-04-01 87.000011339429 1990-07-01 85.095545251744 1990-10-01 81.578504888548 1991-01-01 80.214643139767 1991-04-01 79.628109054210 1991-07-01 79.319616016499 1991-10-01 77.218431518805 1992-01-01 77.743210998503 1992-04-01 78.064645235553 1992-07-01 77.942011945404 1992-10-01 78.887532979790 1993-01-01 80.608922099314 1993-04-01 80.844678866634 1993-07-01 80.220482565580 1993-10-01 81.591200049997 1994-01-01 82.920219011014 1994-04-01 83.407355955697 1994-07-01 84.469751913924 1994-10-01 84.752869920278 1995-01-01 86.350620499097 1995-04-01 84.551945444274 1995-07-01 83.220302566613 1995-10-01 82.443165347064 1996-01-01 83.683540480450 1996-04-01 82.807480660998 1996-07-01 83.617271155468 1996-10-01 82.684285061122 1997-01-01 81.883960809421 1997-04-01 81.141037699394 1997-07-01 81.419104788242 1997-10-01 82.487934978371 1998-01-01 84.321424437378 1998-04-01 84.611046513113 1998-07-01 84.968077602793 1998-10-01 84.930939236771 1999-01-01 86.809949625405 1999-04-01 85.003370649560 1999-07-01 84.558909607403 1999-10-01 86.148236880356 2000-01-01 87.911406580394 2000-04-01 87.141636029517 2000-07-01 85.801630022258 2000-10-01 83.196732934464 2001-01-01 84.099053247181 2001-04-01 81.618688520067 2001-07-01 83.840365129152 2001-10-01 78.384315985629 2002-01-01 82.829351418670 2002-04-01 81.551925625398 2002-07-01 79.876199641239 2002-10-01 79.528489096199 2003-01-01 79.391260574712 2003-04-01 79.589408327872 2003-07-01 80.621248876714 2003-10-01 81.097637763867 2004-01-01 82.035919043639 2004-04-01 82.418470647585 2004-07-01 82.823578062216 2004-10-01 83.753693132909 2005-01-01 81.344970254429 2005-04-01 81.098517677415 2005-07-01 80.806589655904 2005-10-01 79.209571837271 2006-01-01 84.691783270792 2006-04-01 84.612072843117 2006-07-01 83.144683962171 2006-10-01 82.349854836635 2007-01-01 83.067621340833 2007-04-01 81.609244857179 2007-07-01 80.228067828144 2007-10-01 79.465576716842 2008-01-01 78.229205136469 2008-04-01 78.280927563765 2008-07-01 75.599227993296 2008-10-01 74.373014548610 2009-01-01 68.519400954919 2009-04-01 70.773263081143 2009-07-01 69.362182349622 2009-10-01 69.200913746803 2010-01-01 69.830534745860 2010-04-01 71.726680980905 2010-07-01 71.548789523992 2010-10-01 71.083650135113 2011-01-01 70.871936610748 2011-04-01 72.887633961653 2011-07-01 71.461377468317 2011-10-01 71.529683996812 2012-01-01 72.724268937052 2012-04-01 73.780504284955 2012-07-01 73.609460000000 2012-10-01 73.428391443633 2013-01-01 72.133740000000