Title: Real User Cost Index of MSI-M2M (preferred) Series ID: OCM2MP Source: Federal Reserve Bank of St. Louis Release: Monetary Services Index (MSI) (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1967-01-01 to 2013-04-01 Last Updated: 2013-05-17 9:01 AM CDT Notes: Preferred benchmark rate equals 100 basis points plus the largest rate in the set of rates. Alternative benchmark rate equals the larger of the preferred benchmark rate and the Baa corporate bond yield. DATE VALUE 1967-01-01 0.0270 1967-02-01 0.0247 1967-03-01 0.0244 1967-04-01 0.0212 1967-05-01 0.0213 1967-06-01 0.0236 1967-07-01 0.0229 1967-08-01 0.0234 1967-09-01 0.0233 1967-10-01 0.0251 1967-11-01 0.0280 1967-12-01 0.0295 1968-01-01 0.0270 1968-02-01 0.0255 1968-03-01 0.0295 1968-04-01 0.0287 1968-05-01 0.0322 1968-06-01 0.0326 1968-07-01 0.0298 1968-08-01 0.0279 1968-09-01 0.0275 1968-10-01 0.0301 1968-11-01 0.0323 1968-12-01 0.0339 1969-01-01 0.0359 1969-02-01 0.0393 1969-03-01 0.0417 1969-04-01 0.0413 1969-05-01 0.0473 1969-06-01 0.0560 1969-07-01 0.0549 1969-08-01 0.0538 1969-09-01 0.0560 1969-10-01 0.0499 1969-11-01 0.0525 1969-12-01 0.0559 1970-01-01 0.0497 1970-02-01 0.0461 1970-03-01 0.0431 1970-04-01 0.0403 1970-05-01 0.0427 1970-06-01 0.0457 1970-07-01 0.0423 1970-08-01 0.0393 1970-09-01 0.0382 1970-10-01 0.0377 1970-11-01 0.0334 1970-12-01 0.0338 1971-01-01 0.0284 1971-02-01 0.0268 1971-03-01 0.0252 1971-04-01 0.0290 1971-05-01 0.0342 1971-06-01 0.0347 1971-07-01 0.0333 1971-08-01 0.0423 1971-09-01 0.0412 1971-10-01 0.0311 1971-11-01 0.0291 1971-12-01 0.0312 1972-01-01 0.0247 1972-02-01 0.0242 1972-03-01 0.0252 1972-04-01 0.0262 1972-05-01 0.0236 1972-06-01 0.0238 1972-07-01 0.0279 1972-08-01 0.0275 1972-09-01 0.0279 1972-10-01 0.0283 1972-11-01 0.0275 1972-12-01 0.0283 1973-01-01 0.0290 1973-02-01 0.0453 1973-03-01 0.0427 1973-04-01 0.0444 1973-05-01 0.0417 1973-06-01 0.0432 1973-07-01 0.0513 1973-08-01 0.0566 1973-09-01 0.0550 1973-10-01 0.0510 1973-11-01 0.0479 1973-12-01 0.0530 1974-01-01 0.0459 1974-02-01 0.0411 1974-03-01 0.0444 1974-04-01 0.0514 1974-05-01 0.0575 1974-06-01 0.0598 1974-07-01 0.0669 1974-08-01 0.0675 1974-09-01 0.0629 1974-10-01 0.0537 1974-11-01 0.0489 1974-12-01 0.0500 1975-01-01 0.0423 1975-02-01 0.0344 1975-03-01 0.0342 1975-04-01 0.0368 1975-05-01 0.0333 1975-06-01 0.0312 1975-07-01 0.0370 1975-08-01 0.0383 1975-09-01 0.0396 1975-10-01 0.0364 1975-11-01 0.0340 1975-12-01 0.0332 1976-01-01 0.0259 1976-02-01 0.0265 1976-03-01 0.0277 1976-04-01 0.0254 1976-05-01 0.0294 1976-06-01 0.0310 1976-07-01 0.0277 1976-08-01 0.0266 1976-09-01 0.0254 1976-10-01 0.0242 1976-11-01 0.0232 1976-12-01 0.0229 1977-01-01 0.0229 1977-02-01 0.0228 1977-03-01 0.0228 1977-04-01 0.0229 1977-05-01 0.0263 1977-06-01 0.0263 1977-07-01 0.0261 1977-08-01 0.0286 1977-09-01 0.0304 1977-10-01 0.0343 1977-11-01 0.0337 1977-12-01 0.0343 1978-01-01 0.0354 1978-02-01 0.0353 1978-03-01 0.0384 1978-04-01 0.0360 1978-05-01 0.0385 1978-06-01 0.0420 1978-07-01 0.0434 1978-08-01 0.0422 1978-09-01 0.0454 1978-10-01 0.0515 1978-11-01 0.0592 1978-12-01 0.0602 1979-01-01 0.0587 1979-02-01 0.0548 1979-03-01 0.0540 1979-04-01 0.0533 1979-05-01 0.0540 1979-06-01 0.0522 1979-07-01 0.0531 1979-08-01 0.0567 1979-09-01 0.0627 1979-10-01 0.0729 1979-11-01 0.0747 1979-12-01 0.0722 1980-01-01 0.0712 1980-02-01 0.0767 1980-03-01 0.0932 1980-04-01 0.0881 1980-05-01 0.0650 1980-06-01 0.0464 1980-07-01 0.0462 1980-08-01 0.0560 1980-09-01 0.0626 1980-10-01 0.0681 1980-11-01 0.0830 1980-12-01 0.1033 1981-01-01 0.0975 1981-02-01 0.0848 1981-03-01 0.0759 1981-04-01 0.0795 1981-05-01 0.0952 1981-06-01 0.0933 1981-07-01 0.0967 1981-08-01 0.0926 1981-09-01 0.0887 1981-10-01 0.0822 1981-11-01 0.0687 1981-12-01 0.0702 1982-01-01 0.0763 1982-02-01 0.0798 1982-03-01 0.0744 1982-04-01 0.0756 1982-05-01 0.0751 1982-06-01 0.0786 1982-07-01 0.0748 1982-08-01 0.0623 1982-09-01 0.0644 1982-10-01 0.0528 1982-11-01 0.0492 1982-12-01 0.0479 1983-01-01 0.0443 1983-02-01 0.0462 1983-03-01 0.0461 1983-04-01 0.0456 1983-05-01 0.0436 1983-06-01 0.0498 1983-07-01 0.0529 1983-08-01 0.0545 1983-09-01 0.0497 1983-10-01 0.0485 1983-11-01 0.0491 1983-12-01 0.0515 1984-01-01 0.0490 1984-02-01 0.0500 1984-03-01 0.0543 1984-04-01 0.0569 1984-05-01 0.0634 1984-06-01 0.0648 1984-07-01 0.0661 1984-08-01 0.0616 1984-09-01 0.0601 1984-10-01 0.0545 1984-11-01 0.0478 1984-12-01 0.0450 1985-01-01 0.0420 1985-02-01 0.0479 1985-03-01 0.0515 1985-04-01 0.0450 1985-05-01 0.0407 1985-06-01 0.0374 1985-07-01 0.0399 1985-08-01 0.0412 1985-09-01 0.0424 1985-10-01 0.0410 1985-11-01 0.0401 1985-12-01 0.0418 1986-01-01 0.0399 1986-02-01 0.0388 1986-03-01 0.0366 1986-04-01 0.0334 1986-05-01 0.0328 1986-06-01 0.0340 1986-07-01 0.0315 1986-08-01 0.0291 1986-09-01 0.0282 1986-10-01 0.0277 1986-11-01 0.0288 1986-12-01 0.0414 1987-01-01 0.0316 1987-02-01 0.0320 1987-03-01 0.0330 1987-04-01 0.0373 1987-05-01 0.0421 1987-06-01 0.0407 1987-07-01 0.0380 1987-08-01 0.0391 1987-09-01 0.0448 1987-10-01 0.0484 1987-11-01 0.0402 1987-12-01 0.0453 1988-01-01 0.0390 1988-02-01 0.0358 1988-03-01 0.0364 1988-04-01 0.0393 1988-05-01 0.0425 1988-06-01 0.0437 1988-07-01 0.0473 1988-08-01 0.0510 1988-09-01 0.0489 1988-10-01 0.0490 1988-11-01 0.0515 1988-12-01 0.0554 1989-01-01 0.0546 1989-02-01 0.0571 1989-03-01 0.0618 1989-04-01 0.0594 1989-05-01 0.0548 1989-06-01 0.0537 1989-07-01 0.0518 1989-08-01 0.0488 1989-09-01 0.0492 1989-10-01 0.0481 1989-11-01 0.0463 1989-12-01 0.0476 1990-01-01 0.0450 1990-02-01 0.0456 1990-03-01 0.0475 1990-04-01 0.0480 1990-05-01 0.0473 1990-06-01 0.0456 1990-07-01 0.0443 1990-08-01 0.0434 1990-09-01 0.0440 1990-10-01 0.0441 1990-11-01 0.0437 1990-12-01 0.0464 1991-01-01 0.0391 1991-02-01 0.0364 1991-03-01 0.0338 1991-04-01 0.0335 1991-05-01 0.0319 1991-06-01 0.0335 1991-07-01 0.0336 1991-08-01 0.0304 1991-09-01 0.0293 1991-10-01 0.0278 1991-11-01 0.0263 1991-12-01 0.0270 1992-01-01 0.0260 1992-02-01 0.0248 1992-03-01 0.0278 1992-04-01 0.0261 1992-05-01 0.0254 1992-06-01 0.0261 1992-07-01 0.0230 1992-08-01 0.0232 1992-09-01 0.0222 1992-10-01 0.0237 1992-11-01 0.0273 1992-12-01 0.0275 1993-01-01 0.0243 1993-02-01 0.0239 1993-03-01 0.0240 1993-04-01 0.0239 1993-05-01 0.0243 1993-06-01 0.0262 1993-07-01 0.0260 1993-08-01 0.0260 1993-09-01 0.0254 1993-10-01 0.0257 1993-11-01 0.0274 1993-12-01 0.0272 1994-01-01 0.0264 1994-02-01 0.0295 1994-03-01 0.0338 1994-04-01 0.0366 1994-05-01 0.0410 1994-06-01 0.0399 1994-07-01 0.0422 1994-08-01 0.0425 1994-09-01 0.0432 1994-10-01 0.0463 1994-11-01 0.0485 1994-12-01 0.0533 1995-01-01 0.0530 1995-02-01 0.0501 1995-03-01 0.0491 1995-04-01 0.0480 1995-05-01 0.0470 1995-06-01 0.0455 1995-07-01 0.0440 1995-08-01 0.0445 1995-09-01 0.0439 1995-10-01 0.0444 1995-11-01 0.0437 1995-12-01 0.0442 1996-01-01 0.0420 1996-02-01 0.0401 1996-03-01 0.0413 1996-04-01 0.0425 1996-05-01 0.0431 1996-06-01 0.0445 1996-07-01 0.0453 1996-08-01 0.0439 1996-09-01 0.0453 1996-10-01 0.0433 1996-11-01 0.0429 1996-12-01 0.0446 1997-01-01 0.0438 1997-02-01 0.0433 1997-03-01 0.0450 1997-04-01 0.0466 1997-05-01 0.0463 1997-06-01 0.0453 1997-07-01 0.0446 1997-08-01 0.0444 1997-09-01 0.0443 1997-10-01 0.0442 1997-11-01 0.0449 1997-12-01 0.0457 1998-01-01 0.0434 1998-02-01 0.0431 1998-03-01 0.0437 1998-04-01 0.0440 1998-05-01 0.0445 1998-06-01 0.0443 1998-07-01 0.0443 1998-08-01 0.0439 1998-09-01 0.0435 1998-10-01 0.0413 1998-11-01 0.0420 1998-12-01 0.0448 1999-01-01 0.0398 1999-02-01 0.0407 1999-03-01 0.0412 1999-04-01 0.0411 1999-05-01 0.0421 1999-06-01 0.0447 1999-07-01 0.0469 1999-08-01 0.0490 1999-09-01 0.0494 1999-10-01 0.0512 1999-11-01 0.0501 1999-12-01 0.0525 2000-01-01 0.0510 2000-02-01 0.0519 2000-03-01 0.0529 2000-04-01 0.0536 2000-05-01 0.0574 2000-06-01 0.0565 2000-07-01 0.0553 2000-08-01 0.0543 2000-09-01 0.0535 2000-10-01 0.0535 2000-11-01 0.0531 2000-12-01 0.0529 2001-01-01 0.0484 2001-02-01 0.0446 2001-03-01 0.0440 2001-04-01 0.0403 2001-05-01 0.0361 2001-06-01 0.0343 2001-07-01 0.0334 2001-08-01 0.0328 2001-09-01 0.0301 2001-10-01 0.0260 2001-11-01 0.0236 2001-12-01 0.0232 2002-01-01 0.0230 2002-02-01 0.0229 2002-03-01 0.0248 2002-04-01 0.0244 2002-05-01 0.0233 2002-06-01 0.0230 2002-07-01 0.0227 2002-08-01 0.0215 2002-09-01 0.0216 2002-10-01 0.0217 2002-11-01 0.0196 2002-12-01 0.0194 2003-01-01 0.0197 2003-02-01 0.0195 2003-03-01 0.0189 2003-04-01 0.0188 2003-05-01 0.0189 2003-06-01 0.0187 2003-07-01 0.0178 2003-08-01 0.0186 2003-09-01 0.0187 2003-10-01 0.0188 2003-11-01 0.0191 2003-12-01 0.0191 2004-01-01 0.0187 2004-02-01 0.0186 2004-03-01 0.0185 2004-04-01 0.0197 2004-05-01 0.0222 2004-06-01 0.0252 2004-07-01 0.0259 2004-08-01 0.0260 2004-09-01 0.0273 2004-10-01 0.0284 2004-11-01 0.0309 2004-12-01 0.0325 2005-01-01 0.0341 2005-02-01 0.0353 2005-03-01 0.0373 2005-04-01 0.0378 2005-05-01 0.0384 2005-06-01 0.0394 2005-07-01 0.0414 2005-08-01 0.0429 2005-09-01 0.0428 2005-10-01 0.0455 2005-11-01 0.0472 2005-12-01 0.0480 2006-01-01 0.0484 2006-02-01 0.0499 2006-03-01 0.0510 2006-04-01 0.0521 2006-05-01 0.0527 2006-06-01 0.0545 2006-07-01 0.0549 2006-08-01 0.0538 2006-09-01 0.0530 2006-10-01 0.0529 2006-11-01 0.0527 2006-12-01 0.0525 2007-01-01 0.0529 2007-02-01 0.0529 2007-03-01 0.0524 2007-04-01 0.0524 2007-05-01 0.0526 2007-06-01 0.0527 2007-07-01 0.0524 2007-08-01 0.0538 2007-09-01 0.0538 2007-10-01 0.0507 2007-11-01 0.0498 2007-12-01 0.0522 2008-01-01 0.0404 2008-02-01 0.0347 2008-03-01 0.0327 2008-04-01 0.0354 2008-05-01 0.0344 2008-06-01 0.0371 2008-07-01 0.0374 2008-08-01 0.0383 2008-09-01 0.0461 2008-10-01 0.0577 2008-11-01 0.0440 2008-12-01 0.0365 2009-01-01 0.0317 2009-02-01 0.0334 2009-03-01 0.0323 2009-04-01 0.0312 2009-05-01 0.0286 2009-06-01 0.0241 2009-07-01 0.0209 2009-08-01 0.0190 2009-09-01 0.0173 2009-10-01 0.0170 2009-11-01 0.0168 2009-12-01 0.0168 2010-01-01 0.0168 2010-02-01 0.0166 2010-03-01 0.0162 2010-04-01 0.0160 2010-05-01 0.0167 2010-06-01 0.0174 2010-07-01 0.0171 2010-08-01 0.0164 2010-09-01 0.0161 2010-10-01 0.0160 2010-11-01 0.0160 2010-12-01 0.0156 2011-01-01 0.0155 2011-02-01 0.0156 2011-03-01 0.0156 2011-04-01 0.0154 2011-05-01 0.0153 2011-06-01 0.0153 2011-07-01 0.0151 2011-08-01 0.0152 2011-09-01 0.0161 2011-10-01 0.0170 2011-11-01 0.0171 2011-12-01 0.0174 2012-01-01 0.0174 2012-02-01 0.0171 2012-03-01 0.0167 2012-04-01 0.0166 2012-05-01 0.0165 2012-06-01 0.0165 2012-07-01 0.0165 2012-08-01 0.0165 2012-09-01 0.0161 2012-10-01 0.0159 2012-11-01 0.0159 2012-12-01 0.0156 2013-01-01 0.0151 2013-02-01 0.0147 2013-03-01 0.0145 2013-04-01 0.0144