Title: CredAbility Consumer Distress Index for Utah (DISCONTINUED) Series ID: CCDIOAUTQ156N Source: CredAbility Nonprofit Credit Counseling & Education Release: CredAbility Consumer Distress Index (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Quarterly Units: Percent Date Range: 1980-01-01 to 2013-01-01 Last Updated: 2013-05-17 1:19 PM CDT Notes: Overview of the Index The Index is a quarterly comprehensive picture of the average American household’s financial condition. Built by assessing the key elements of financial health and distress, it converts a complex set of factors into a single, easy to understand number. Scope and History The index measures the U.S., all 50 states and more than 70 MSAs. The national and state versions date back to 1980 and the MSA versions date back to 1990. Public Data and Proprietary Methodology We use more than 65 data points from government, public and private data and a proprietary methodology for compiling, combining and evaluating data. With nearly 50 years of experience and insight into helping consumers in financial distress, we know the biggest causes of distress, how people react to financial challenges and proven strategies for regaining control. (Note: Our client data is not a data source for the Index) Measured on a 100 Point Scale Financial distress is measured on a 100 point scale and a score under 70 indicates financial distress. The lower the score equals more distress, a weaker financial position, more urgency to act, takes longer and is harder to resolve, and increases the probability of needing a third party help to resolve. The Index score is tied to one of 5 general rating categories, which reflect the strength and stability of the consumer’s position. Less than 60 Emergency / Crisis 60 – 69 Distressed / Unstable 70 – 79 Weakening / At-Risk 80 – 89 Good / Stable 90 and Above Excellent / Secure What Does the Index Measure? We measure the 5 categories of personal finance that reflect or lead to a secure, stable financial life—Employment, Housing, Credit, Household Budget and Net Worth. All are equally important, so have given each category equal weighting. Employment. Stable income is the foundation of any family’s finances. This category measures the impact of unemployment and underemployment on financial health. Key Measures: Unemployment, Underemployment Sample Data Source: Department of Labor, Bureau of Labor Statistics Housing. Safe, affordable housing is a priority for all families. This category measures how consumers are paying their mortgage/rent and the impact of housing costs on their finances. Key Measures: Mortgage and Rental Delinquencies, Housing as Percent of Budget Sample Data Source: National Delinquency Survey Credit. Responsible use of credit creates more borrowing options and lower costs. This category assesses the strength of credit scores and how well families manage their credit. Key Measures: Credit Scores, Trade Line Utilization, Credit Delinquencies, Per Capita Bankruptcies Sample Data Source: National Credit Bureau Household Budget. Spending less than you make is the daily choice that leads to long-term success. This category measures families’ spending patterns and saving for emergencies. Key Measures: Disposable Income, Savings, Consumer Confidence Sample Data Source: Department of Commerce, Bureau of Economic Analysis Net Worth. Strong, positive net worth creates options and independence. This category measures how well consumers are strengthening their personal balance sheets. Key Measures: Household Net Worth, Net Worth versus Funds Required for Long-Term Needs (e.g. retirement) Sample Data Source: Federal Reserve Flow of Funds, Survey of Consumer Finances DATE VALUE 1980-01-01 83.259522159334 1980-04-01 78.554631902860 1980-07-01 77.758297801953 1980-10-01 78.090513537379 1981-01-01 79.165878282425 1981-04-01 79.720370313476 1981-07-01 79.582827163017 1981-10-01 77.146714695573 1982-01-01 77.015635595985 1982-04-01 75.767970723568 1982-07-01 74.581180337392 1982-10-01 73.173477394491 1983-01-01 74.328119038665 1983-04-01 75.517334652406 1983-07-01 76.230901859847 1983-10-01 76.366220910720 1984-01-01 78.596854518240 1984-04-01 79.816723679345 1984-07-01 79.799955267955 1984-10-01 78.100740579081 1985-01-01 78.379852155894 1985-04-01 79.256170998442 1985-07-01 79.654530603124 1985-10-01 79.525005971949 1986-01-01 80.856700098777 1986-04-01 80.397783844869 1986-07-01 78.154989381746 1986-10-01 77.053107841847 1987-01-01 78.467045537193 1987-04-01 78.742964822233 1987-07-01 79.736472247006 1987-10-01 79.569852404261 1988-01-01 81.200150362063 1988-04-01 82.007912941419 1988-07-01 80.131444357098 1988-10-01 81.727730693674 1989-01-01 83.180066789218 1989-04-01 82.993367105849 1989-07-01 82.642584727088 1989-10-01 82.041168723245 1990-01-01 84.452588038115 1990-04-01 83.791242563681 1990-07-01 82.953156535143 1990-10-01 79.587916817151 1991-01-01 80.840109980250 1991-04-01 80.845472188646 1991-07-01 80.952900741902 1991-10-01 80.166197205108 1992-01-01 81.492163414424 1992-04-01 82.972569409643 1992-07-01 83.689427354269 1992-10-01 84.399054359314 1993-01-01 85.790902695203 1993-04-01 85.778448788077 1993-07-01 86.760951296769 1993-10-01 87.558431543868 1994-01-01 87.422051742655 1994-04-01 87.660668795846 1994-07-01 87.633565558116 1994-10-01 87.486764577721 1995-01-01 86.705215100133 1995-04-01 86.360168213947 1995-07-01 85.768938260283 1995-10-01 85.457361247454 1996-01-01 84.621880615722 1996-04-01 84.082807063673 1996-07-01 83.614506149375 1996-10-01 83.166610514758 1997-01-01 82.427134893629 1997-04-01 82.361415269733 1997-07-01 82.287182190228 1997-10-01 81.988449747359 1998-01-01 82.694186016041 1998-04-01 82.705972270266 1998-07-01 82.537205675618 1998-10-01 82.387276446180 1999-01-01 82.618811224390 1999-04-01 80.819984822204 1999-07-01 79.693516285640 1999-10-01 80.276946958261 2000-01-01 81.128529775271 2000-04-01 80.882317781826 2000-07-01 80.069075484522 2000-10-01 76.342982176365 2001-01-01 77.764686794688 2001-04-01 75.044496657017 2001-07-01 77.575397672160 2001-10-01 73.357560927707 2002-01-01 77.385469786698 2002-04-01 76.240466057662 2002-07-01 74.236031665610 2002-10-01 74.551067072109 2003-01-01 71.518488459150 2003-04-01 71.875572250737 2003-07-01 72.435126734986 2003-10-01 72.356439943078 2004-01-01 75.731681627482 2004-04-01 75.967396271012 2004-07-01 75.718088370002 2004-10-01 76.425735783341 2005-01-01 77.108407333948 2005-04-01 75.639917150639 2005-07-01 75.727462680630 2005-10-01 74.590122735657 2006-01-01 81.896659703776 2006-04-01 82.029805309242 2006-07-01 81.063848321924 2006-10-01 80.405462591156 2007-01-01 80.219307988437 2007-04-01 80.743031555619 2007-07-01 80.340632149786 2007-10-01 80.178834599168 2008-01-01 79.103466874967 2008-04-01 80.343668133533 2008-07-01 76.955964442464 2008-10-01 76.871313436868 2009-01-01 70.250639368133 2009-04-01 69.466219742204 2009-07-01 68.622656053985 2009-10-01 68.686719062649 2010-01-01 67.644136010754 2010-04-01 68.489657301060 2010-07-01 68.751132570397 2010-10-01 69.531572329078 2011-01-01 69.813030861965 2011-04-01 71.455079058404 2011-07-01 68.683793478106 2011-10-01 70.245552123600 2012-01-01 72.570746729969 2012-04-01 73.544588330191 2012-07-01 73.084820000000 2012-10-01 75.439318762645 2013-01-01 73.825600000000