July 25, 2011 in Finance (F)
[prMac.com] Lone Tree, Colorado - Napkin Sketch has introduced MiseryIndex 1.0, for all iOS devices. This app provides users with the latest Misery Index figure based on data from the U.S. Department of Labor and Financial Trend Forecaster, along with historical archive of data going back to 1948. The MiseryIndex app allows users to view and observe the misery index economic indicator over time getting a glimpse of past and current economic conditions.
The misery index was created by economist Arthur Okun, an adviser to President Lyndon Johnson in the 1960's. The index is calculated by adding the unemployment rate to the inflation rate. A rise in the index implies a worsening economy. As an example; the index in 1953 was as low as 3.74 to a high 20.76 in 1980. MiseryIndex is now available for free through iTunes.
Highlights in MiseryIndex include:
* Latest Misery Index figure based on the latest economic data
* Periodic and/or monthly updates
* A complete archive of Misery Index figures dating back to 1948
* Ability to search archives either by year or month/year
* iPhone, iPod touch and iPad
* Requires iOS 4.3 or later
* 1.2 MB
Pricing and Availability:
Misery Index 1.0 is free and available worldwide exclusively through the App Store in the Finance category.
NapkinSketch, based in the Denver, Colorado area is an Information Technology consulting company that helps businesses utilize the Internet through web development, eCommerce sites, network infrastructure and application and system design. Copyright (C) 2011 NapkinSketch All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.