Income & Output
Income & Output Articles
The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than...
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The majority of presidents in U.S. history have been wealthy by almost any standard. Adjusting each president’s net worth for today’s dollars, most would be considered multi-millionaires. Each of...
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There is an impression among some Americans that the COVID-19 pandemic ruined the economy, created a drop in GDP, and a spike in unemployment. While these things did happen, the recovery was...
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The U.S. is home to more than 700 billionaires, by far the most of any country. The country’s abundant natural resources, multi-trillion dollar economy, and large population make it an ideal place...
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The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than...
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There are nearly 2,400 people worldwide whose personal net worth exceeds $1 billion — and more than one-quarter of them live in the United States. All told, there are over 250 cities and towns...
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As the Bureau of Labor Statistics released the Consumer Prices Index for September, all news headlines read about the same. Inflation has not tapered off, as some economists said it would as the U.S....
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The health of a state’s economy depends on perspective. For businesses, the primary considerations may be taxes and the extent to which workforces can organize or demand benefits. For workers, the...
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In 2020, at a time when many people were looking for a job, scammers were hard at work trying to trick Americans out of their money. Throughout the year, law enforcement reported 4.7 million...
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The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than...
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Globally, the World Bank predicts that the effects of the pandemic will have pushed somewhere between 88 million and 115 million people into extreme poverty some time this year. A number of Americans...
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It is estimated that over 721 million people worldwide live on $1.90 per day or less — the extreme poverty threshold set by the World Bank. While this is an improvement from years past, that is...
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Median household income numbers offer a good measure of how American families are faring economically — and for the first time in years, many U.S. households saw a drop in earnings, based on...
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The American divorce rate is at its lowest level in decades, with just 14.9 out of every 1,000 marriages ending in divorce. Still, over 746,000 married couples decided to split up in the last year....
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