Title: Real User Cost Index of MSI-M1 (preferred) Series ID: OCM1P Source: Anderson, Richard G., Jones, Barry E. Release: Monetary Services Index (MSI) (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1967-01-01 to 2013-12-01 Last Updated: 2014-01-17 7:16 AM CST 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 0.0531 1967-02-01 0.0503 1967-03-01 0.0499 1967-04-01 0.0461 1967-05-01 0.0463 1967-06-01 0.0490 1967-07-01 0.0481 1967-08-01 0.0487 1967-09-01 0.0486 1967-10-01 0.0509 1967-11-01 0.0543 1967-12-01 0.0561 1968-01-01 0.0531 1968-02-01 0.0513 1968-03-01 0.0560 1968-04-01 0.0552 1968-05-01 0.0594 1968-06-01 0.0599 1968-07-01 0.0565 1968-08-01 0.0542 1968-09-01 0.0537 1968-10-01 0.0570 1968-11-01 0.0596 1968-12-01 0.0616 1969-01-01 0.0640 1969-02-01 0.0682 1969-03-01 0.0711 1969-04-01 0.0707 1969-05-01 0.0779 1969-06-01 0.0887 1969-07-01 0.0873 1969-08-01 0.0860 1969-09-01 0.0887 1969-10-01 0.0812 1969-11-01 0.0843 1969-12-01 0.0886 1970-01-01 0.0812 1970-02-01 0.0772 1970-03-01 0.0739 1970-04-01 0.0706 1970-05-01 0.0736 1970-06-01 0.0773 1970-07-01 0.0731 1970-08-01 0.0694 1970-09-01 0.0680 1970-10-01 0.0674 1970-11-01 0.0621 1970-12-01 0.0626 1971-01-01 0.0559 1971-02-01 0.0538 1971-03-01 0.0516 1971-04-01 0.0562 1971-05-01 0.0625 1971-06-01 0.0632 1971-07-01 0.0615 1971-08-01 0.0727 1971-09-01 0.0714 1971-10-01 0.0591 1971-11-01 0.0565 1971-12-01 0.0591 1972-01-01 0.0512 1972-02-01 0.0504 1972-03-01 0.0514 1972-04-01 0.0527 1972-05-01 0.0495 1972-06-01 0.0498 1972-07-01 0.0547 1972-08-01 0.0543 1972-09-01 0.0548 1972-10-01 0.0553 1972-11-01 0.0544 1972-12-01 0.0553 1973-01-01 0.0562 1973-02-01 0.0763 1973-03-01 0.0732 1973-04-01 0.0755 1973-05-01 0.0722 1973-06-01 0.0740 1973-07-01 0.0844 1973-08-01 0.0911 1973-09-01 0.0892 1973-10-01 0.0843 1973-11-01 0.0805 1973-12-01 0.0868 1974-01-01 0.0781 1974-02-01 0.0722 1974-03-01 0.0763 1974-04-01 0.0849 1974-05-01 0.0925 1974-06-01 0.0954 1974-07-01 0.1041 1974-08-01 0.1049 1974-09-01 0.0992 1974-10-01 0.0878 1974-11-01 0.0819 1974-12-01 0.0833 1975-01-01 0.0738 1975-02-01 0.0642 1975-03-01 0.0639 1975-04-01 0.0671 1975-05-01 0.0629 1975-06-01 0.0604 1975-07-01 0.0675 1975-08-01 0.0691 1975-09-01 0.0706 1975-10-01 0.0668 1975-11-01 0.0640 1975-12-01 0.0629 1976-01-01 0.0542 1976-02-01 0.0549 1976-03-01 0.0563 1976-04-01 0.0536 1976-05-01 0.0583 1976-06-01 0.0602 1976-07-01 0.0564 1976-08-01 0.0550 1976-09-01 0.0536 1976-10-01 0.0522 1976-11-01 0.0510 1976-12-01 0.0506 1977-01-01 0.0505 1977-02-01 0.0505 1977-03-01 0.0505 1977-04-01 0.0506 1977-05-01 0.0546 1977-06-01 0.0546 1977-07-01 0.0544 1977-08-01 0.0574 1977-09-01 0.0594 1977-10-01 0.0640 1977-11-01 0.0633 1977-12-01 0.0641 1978-01-01 0.0653 1978-02-01 0.0653 1978-03-01 0.0690 1978-04-01 0.0661 1978-05-01 0.0691 1978-06-01 0.0733 1978-07-01 0.0749 1978-08-01 0.0735 1978-09-01 0.0773 1978-10-01 0.0845 1978-11-01 0.0937 1978-12-01 0.0950 1979-01-01 0.0932 1979-02-01 0.0886 1979-03-01 0.0875 1979-04-01 0.0867 1979-05-01 0.0876 1979-06-01 0.0854 1979-07-01 0.0873 1979-08-01 0.0917 1979-09-01 0.0990 1979-10-01 0.1115 1979-11-01 0.1140 1979-12-01 0.1110 1980-01-01 0.1098 1980-02-01 0.1164 1980-03-01 0.1365 1980-04-01 0.1311 1980-05-01 0.1027 1980-06-01 0.0791 1980-07-01 0.0781 1980-08-01 0.0896 1980-09-01 0.0978 1980-10-01 0.1049 1980-11-01 0.1233 1980-12-01 0.1488 1981-01-01 0.1427 1981-02-01 0.1272 1981-03-01 0.1159 1981-04-01 0.1195 1981-05-01 0.1388 1981-06-01 0.1377 1981-07-01 0.1417 1981-08-01 0.1371 1981-09-01 0.1323 1981-10-01 0.1236 1981-11-01 0.1074 1981-12-01 0.1066 1982-01-01 0.1132 1982-02-01 0.1185 1982-03-01 0.1129 1982-04-01 0.1145 1982-05-01 0.1137 1982-06-01 0.1171 1982-07-01 0.1125 1982-08-01 0.0964 1982-09-01 0.0970 1982-10-01 0.0835 1982-11-01 0.0785 1982-12-01 0.0766 1983-01-01 0.0726 1983-02-01 0.0744 1983-03-01 0.0742 1983-04-01 0.0739 1983-05-01 0.0719 1983-06-01 0.0782 1983-07-01 0.0817 1983-08-01 0.0838 1983-09-01 0.0793 1983-10-01 0.0780 1983-11-01 0.0783 1983-12-01 0.0808 1984-01-01 0.0787 1984-02-01 0.0795 1984-03-01 0.0839 1984-04-01 0.0871 1984-05-01 0.0939 1984-06-01 0.0959 1984-07-01 0.0979 1984-08-01 0.0941 1984-09-01 0.0928 1984-10-01 0.0866 1984-11-01 0.0786 1984-12-01 0.0740 1985-01-01 0.0697 1985-02-01 0.0749 1985-03-01 0.0785 1985-04-01 0.0722 1985-05-01 0.0671 1985-06-01 0.0626 1985-07-01 0.0645 1985-08-01 0.0657 1985-09-01 0.0668 1985-10-01 0.0657 1985-11-01 0.0648 1985-12-01 0.0663 1986-01-01 0.0645 1986-02-01 0.0633 1986-03-01 0.0607 1986-04-01 0.0569 1986-05-01 0.0556 1986-06-01 0.0565 1986-07-01 0.0534 1986-08-01 0.0504 1986-09-01 0.0488 1986-10-01 0.0480 1986-11-01 0.0490 1986-12-01 0.0613 1987-01-01 0.0518 1987-02-01 0.0521 1987-03-01 0.0528 1987-04-01 0.0571 1987-05-01 0.0623 1987-06-01 0.0611 1987-07-01 0.0585 1987-08-01 0.0597 1987-09-01 0.0657 1987-10-01 0.0700 1987-11-01 0.0619 1987-12-01 0.0669 1988-01-01 0.0605 1988-02-01 0.0569 1988-03-01 0.0574 1988-04-01 0.0603 1988-05-01 0.0637 1988-06-01 0.0653 1988-07-01 0.0693 1988-08-01 0.0735 1988-09-01 0.0718 1988-10-01 0.0719 1988-11-01 0.0748 1988-12-01 0.0795 1989-01-01 0.0791 1989-02-01 0.0820 1989-03-01 0.0877 1989-04-01 0.0859 1989-05-01 0.0814 1989-06-01 0.0799 1989-07-01 0.0778 1989-08-01 0.0744 1989-09-01 0.0747 1989-10-01 0.0735 1989-11-01 0.0715 1989-12-01 0.0726 1990-01-01 0.0697 1990-02-01 0.0701 1990-03-01 0.0719 1990-04-01 0.0725 1990-05-01 0.0719 1990-06-01 0.0703 1990-07-01 0.0688 1990-08-01 0.0676 1990-09-01 0.0682 1990-10-01 0.0682 1990-11-01 0.0676 1990-12-01 0.0700 1991-01-01 0.0620 1991-02-01 0.0581 1991-03-01 0.0555 1991-04-01 0.0542 1991-05-01 0.0520 1991-06-01 0.0533 1991-07-01 0.0533 1991-08-01 0.0498 1991-09-01 0.0484 1991-10-01 0.0464 1991-11-01 0.0443 1991-12-01 0.0443 1992-01-01 0.0416 1992-02-01 0.0397 1992-03-01 0.0423 1992-04-01 0.0402 1992-05-01 0.0390 1992-06-01 0.0394 1992-07-01 0.0358 1992-08-01 0.0355 1992-09-01 0.0342 1992-10-01 0.0352 1992-11-01 0.0386 1992-12-01 0.0390 1993-01-01 0.0357 1993-02-01 0.0350 1993-03-01 0.0349 1993-04-01 0.0346 1993-05-01 0.0348 1993-06-01 0.0367 1993-07-01 0.0364 1993-08-01 0.0364 1993-09-01 0.0358 1993-10-01 0.0361 1993-11-01 0.0379 1993-12-01 0.0378 1994-01-01 0.0369 1994-02-01 0.0401 1994-03-01 0.0446 1994-04-01 0.0477 1994-05-01 0.0526 1994-06-01 0.0520 1994-07-01 0.0546 1994-08-01 0.0552 1994-09-01 0.0564 1994-10-01 0.0600 1994-11-01 0.0629 1994-12-01 0.0685 1995-01-01 0.0686 1995-02-01 0.0663 1995-03-01 0.0655 1995-04-01 0.0645 1995-05-01 0.0634 1995-06-01 0.0618 1995-07-01 0.0602 1995-08-01 0.0604 1995-09-01 0.0598 1995-10-01 0.0603 1995-11-01 0.0596 1995-12-01 0.0601 1996-01-01 0.0576 1996-02-01 0.0553 1996-03-01 0.0562 1996-04-01 0.0573 1996-05-01 0.0577 1996-06-01 0.0591 1996-07-01 0.0601 1996-08-01 0.0586 1996-09-01 0.0600 1996-10-01 0.0580 1996-11-01 0.0576 1996-12-01 0.0592 1997-01-01 0.0585 1997-02-01 0.0579 1997-03-01 0.0597 1997-04-01 0.0614 1997-05-01 0.0613 1997-06-01 0.0604 1997-07-01 0.0596 1997-08-01 0.0595 1997-09-01 0.0594 1997-10-01 0.0593 1997-11-01 0.0600 1997-12-01 0.0608 1998-01-01 0.0585 1998-02-01 0.0582 1998-03-01 0.0587 1998-04-01 0.0589 1998-05-01 0.0593 1998-06-01 0.0591 1998-07-01 0.0591 1998-08-01 0.0588 1998-09-01 0.0582 1998-10-01 0.0556 1998-11-01 0.0558 1998-12-01 0.0581 1999-01-01 0.0531 1999-02-01 0.0536 1999-03-01 0.0539 1999-04-01 0.0536 1999-05-01 0.0545 1999-06-01 0.0571 1999-07-01 0.0596 1999-08-01 0.0618 1999-09-01 0.0626 1999-10-01 0.0645 1999-11-01 0.0636 1999-12-01 0.0663 2000-01-01 0.0649 2000-02-01 0.0660 2000-03-01 0.0670 2000-04-01 0.0680 2000-05-01 0.0721 2000-06-01 0.0719 2000-07-01 0.0709 2000-08-01 0.0700 2000-09-01 0.0694 2000-10-01 0.0693 2000-11-01 0.0691 2000-12-01 0.0688 2001-01-01 0.0636 2001-02-01 0.0592 2001-03-01 0.0576 2001-04-01 0.0533 2001-05-01 0.0479 2001-06-01 0.0454 2001-07-01 0.0437 2001-08-01 0.0427 2001-09-01 0.0392 2001-10-01 0.0336 2001-11-01 0.0302 2001-12-01 0.0289 2002-01-01 0.0282 2002-02-01 0.0278 2002-03-01 0.0294 2002-04-01 0.0291 2002-05-01 0.0279 2002-06-01 0.0276 2002-07-01 0.0272 2002-08-01 0.0259 2002-09-01 0.0259 2002-10-01 0.0258 2002-11-01 0.0232 2002-12-01 0.0225 2003-01-01 0.0226 2003-02-01 0.0222 2003-03-01 0.0215 2003-04-01 0.0212 2003-05-01 0.0212 2003-06-01 0.0207 2003-07-01 0.0194 2003-08-01 0.0201 2003-09-01 0.0201 2003-10-01 0.0202 2003-11-01 0.0205 2003-12-01 0.0205 2004-01-01 0.0200 2004-02-01 0.0199 2004-03-01 0.0197 2004-04-01 0.0209 2004-05-01 0.0233 2004-06-01 0.0262 2004-07-01 0.0271 2004-08-01 0.0274 2004-09-01 0.0289 2004-10-01 0.0302 2004-11-01 0.0328 2004-12-01 0.0346 2005-01-01 0.0364 2005-02-01 0.0378 2005-03-01 0.0400 2005-04-01 0.0410 2005-05-01 0.0419 2005-06-01 0.0430 2005-07-01 0.0452 2005-08-01 0.0469 2005-09-01 0.0470 2005-10-01 0.0499 2005-11-01 0.0519 2005-12-01 0.0529 2006-01-01 0.0535 2006-02-01 0.0552 2006-03-01 0.0564 2006-04-01 0.0578 2006-05-01 0.0585 2006-06-01 0.0604 2006-07-01 0.0611 2006-08-01 0.0601 2006-09-01 0.0595 2006-10-01 0.0594 2006-11-01 0.0593 2006-12-01 0.0591 2007-01-01 0.0594 2007-02-01 0.0594 2007-03-01 0.0591 2007-04-01 0.0591 2007-05-01 0.0592 2007-06-01 0.0595 2007-07-01 0.0593 2007-08-01 0.0609 2007-09-01 0.0609 2007-10-01 0.0574 2007-11-01 0.0563 2007-12-01 0.0582 2008-01-01 0.0468 2008-02-01 0.0394 2008-03-01 0.0367 2008-04-01 0.0384 2008-05-01 0.0378 2008-06-01 0.0402 2008-07-01 0.0406 2008-08-01 0.0415 2008-09-01 0.0487 2008-10-01 0.0590 2008-11-01 0.0456 2008-12-01 0.0378 2009-01-01 0.0326 2009-02-01 0.0337 2009-03-01 0.0324 2009-04-01 0.0310 2009-05-01 0.0284 2009-06-01 0.0242 2009-07-01 0.0211 2009-08-01 0.0193 2009-09-01 0.0177 2009-10-01 0.0173 2009-11-01 0.0169 2009-12-01 0.0165 2010-01-01 0.0164 2010-02-01 0.0161 2010-03-01 0.0158 2010-04-01 0.0156 2010-05-01 0.0162 2010-06-01 0.0169 2010-07-01 0.0166 2010-08-01 0.0158 2010-09-01 0.0155 2010-10-01 0.0154 2010-11-01 0.0155 2010-12-01 0.0151 2011-01-01 0.0149 2011-02-01 0.0151 2011-03-01 0.0151 2011-04-01 0.0149 2011-05-01 0.0148 2011-06-01 0.0147 2011-07-01 0.0146 2011-08-01 0.0147 2011-09-01 0.0155 2011-10-01 0.0163 2011-11-01 0.0164 2011-12-01 0.0167 2012-01-01 0.0167 2012-02-01 0.0164 2012-03-01 0.0160 2012-04-01 0.0160 2012-05-01 0.0159 2012-06-01 0.0158 2012-07-01 0.0159 2012-08-01 0.0159 2012-09-01 0.0155 2012-10-01 0.0153 2012-11-01 0.0152 2012-12-01 0.0150 2013-01-01 0.0146 2013-02-01 0.0142 2013-03-01 0.0140 2013-04-01 0.0139 2013-05-01 0.0138 2013-06-01 0.0138 2013-07-01 0.0138 2013-08-01 0.0138 2013-09-01 0.0138 2013-10-01 0.0138 2013-11-01 0.0138 2013-12-01 0.0138