Latest data
The Kansas City Financial Stress Index (KCFSI) decreased from -0.77 in April to -0.83 in May, remaining well below its historical average.
Excel SpreadsheetHistorical Real-time Data
About KCFSI
The Kansas City Financial Stress Index (KCFSI) is a monthly measure of stress in the U.S. financial system based on 11 financial market variables.
A positive value indicates that financial stress is above the long-run average, while a negative value signifies that financial stress is below the long-run average. Another useful way to assess the current level of financial stress is to compare the index to its value during past, widely recognized episodes of financial stress.
Related Research
- PDFFinancial Stress: What Is It, How Can It Be Measured, and Why Does It Matter?
By Craig S. Hakkio and William R. Keeton