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 West Virginia (DISCONTINUED) Series ID: CCDIOAWVQ156N 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 75.655465998801 1980-04-01 73.398700561349 1980-07-01 73.391691072738 1980-10-01 72.689616943440 1981-01-01 72.793110494654 1981-04-01 72.362679202107 1981-07-01 73.208274671538 1981-10-01 71.068930573496 1982-01-01 72.890861992493 1982-04-01 72.623162418383 1982-07-01 71.233620891532 1982-10-01 69.042617061865 1983-01-01 71.394416129307 1983-04-01 71.268937229702 1983-07-01 71.284472809017 1983-10-01 70.274074701387 1984-01-01 71.694188090201 1984-04-01 71.439750591493 1984-07-01 69.958749769404 1984-10-01 70.056361733733 1985-01-01 68.567915333783 1985-04-01 71.499430668652 1985-07-01 71.179410377430 1985-10-01 70.183093483514 1986-01-01 68.754728883919 1986-04-01 71.046187999695 1986-07-01 72.529143909156 1986-10-01 71.382535511168 1987-01-01 73.240863065913 1987-04-01 73.761539791728 1987-07-01 73.229088880821 1987-10-01 72.425107740437 1988-01-01 73.139242506644 1988-04-01 73.402364523468 1988-07-01 74.468904888665 1988-10-01 71.880854812393 1989-01-01 73.573176961049 1989-04-01 75.769622807290 1989-07-01 75.643849093039 1989-10-01 74.109760596969 1990-01-01 74.614703384686 1990-04-01 75.171119704327 1990-07-01 72.362433503406 1990-10-01 70.104370762940 1991-01-01 72.407691998775 1991-04-01 71.548261441706 1991-07-01 69.867717624307 1991-10-01 70.154975401917 1992-01-01 73.474279443677 1992-04-01 73.435746275410 1992-07-01 73.446845295436 1992-10-01 73.635448042592 1993-01-01 75.224109607788 1993-04-01 75.624636461141 1993-07-01 75.661985923543 1993-10-01 75.438173232491 1994-01-01 77.526648559448 1994-04-01 78.079969250784 1994-07-01 79.070765231119 1994-10-01 78.071380810718 1995-01-01 79.098611961390 1995-04-01 78.738287573523 1995-07-01 77.229546953982 1995-10-01 75.720359266800 1996-01-01 76.896890729753 1996-04-01 76.284200474652 1996-07-01 76.387321880519 1996-10-01 75.287310064557 1997-01-01 75.582317116316 1997-04-01 75.209847009502 1997-07-01 75.228098923295 1997-10-01 74.732416332888 1998-01-01 77.219622615688 1998-04-01 76.292997361595 1998-07-01 75.918176728068 1998-10-01 76.178056429804 1999-01-01 76.511773974826 1999-04-01 74.469220014306 1999-07-01 74.314537286651 1999-10-01 74.956501934120 2000-01-01 78.665356523606 2000-04-01 77.085074205751 2000-07-01 76.580218718410 2000-10-01 73.509739903557 2001-01-01 75.645106073641 2001-04-01 73.455595670274 2001-07-01 76.464753638563 2001-10-01 73.079504635142 2002-01-01 77.045699388390 2002-04-01 75.391536631670 2002-07-01 73.958370205695 2002-10-01 73.062100204541 2003-01-01 70.962327667141 2003-04-01 71.342310519856 2003-07-01 72.026622550060 2003-10-01 71.736297451359 2004-01-01 74.760475267340 2004-04-01 74.885273845484 2004-07-01 74.320071911787 2004-10-01 75.005402912061 2005-01-01 72.676397976998 2005-04-01 71.269113156417 2005-07-01 71.065813806758 2005-10-01 70.050108910331 2006-01-01 75.219057477660 2006-04-01 74.055686281676 2006-07-01 73.729354906541 2006-10-01 73.907318483386 2007-01-01 74.349943097060 2007-04-01 72.868635288743 2007-07-01 71.912969686370 2007-10-01 70.916307982178 2008-01-01 69.401211757019 2008-04-01 71.303422159745 2008-07-01 70.197828685046 2008-10-01 70.644481899922 2009-01-01 66.773019945539 2009-04-01 67.161239079312 2009-07-01 65.861332539513 2009-10-01 64.947854500289 2010-01-01 67.203741412323 2010-04-01 67.029045953105 2010-07-01 67.912967854070 2010-10-01 68.671336320532 2011-01-01 67.737762085312 2011-04-01 68.896189946840 2011-07-01 66.726262635866 2011-10-01 67.293783933474 2012-01-01 69.443280471281 2012-04-01 70.766712691702 2012-07-01 69.408910000000 2012-10-01 70.515306612397 2013-01-01 67.596150000000