Posts Tagged ‘economics’

A Standard of Living Index in the U. S.

Standard Of LivingIndex   <– pdf

Dear readers:

I have defined a standard of living index (SLI) as the ratio of median family income index (MII) to consumer price index (CPI).  It is intended as a crude metric for determining if the standard of living is nominally increasing or decreasing.  Please note that it applies to urban families, all occupations, and all races per official U. S. government statistics.

The enclosed pdf shows the data in the U. S. from 1800 to 2020.  All the indices are referenced to the year 1913 (=100).  See my book “The Control and Manipulation of Money”, pp. 175 ff for more details on how the income indices and consumer price indices were developed.  It is available for free download at https://fremontvalleybooks.com.

Thanks for reading,

EDD

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