US Economic 'Misery Index' at Historic Low Ahead of Election
US Economic 'Misery Index' at Historic Low Ahead of Election
The Misery Index, which combines the unemployment rate and inflation rate, is at its lowest level in nearly 50 years for a presidential election.
Implication for Kamala Harris: The low Misery Index is seen as positive news for Kamala Harris, as it suggests favorable economic conditions for consumers.
The Misery Index was created by economist Arthur Okun in the 1970s to gauge the economic well-being of the population.
