Misery Index Shows Americans Feeling Okay - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Misery Index Shows Americans Feeling Okay

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WASHINGTON -

How are you feeling these days?

According to the so-called Misery Index, Americans are feeling okay.

That could translate into more votes for President Obama in next month's election.

Economists at Deutsche Bank say the misery index has accurately predicted 9 of the last 12 presidential elections.

The index combines the unemployment rate and the annual inflation rate.

When it rises, it means a weaker economy and a bad omen for the incumbent.

The reverse is true as the index falls.

As of the third quarter, it's down from four years ago.

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