Income & Output
Income & Output Articles
The world’s nations held a combined 35,218 tonnes of gold reserves as of February 2021, up from 34,700 tonnes the year before. Countries hold gold reserves to support their currency in cases of...
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Inflation is once again becoming a potential concern, according to some economists. This is due in part to accelerated job growth, new stimulus packages, and the rising price of fuel. Another reason...
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With the COVID-19 pandemic shaking up nearly every aspect of life in 2020 and into 2021, the Internal Revenue Service has opted to push back the federal tax filing deadline. Instead of April 15,...
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The U.S. Department of Health and Human Services currently defines the federal poverty line at $12,880 for individuals, $26,500 for families of four in the continental U.S. (the rates are slightly...
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The 465 commercial casinos operating in the United States at the end of 2019 reported a combined revenue of $43.6 billion — an all-time high. Gambling in the United States is by no means limited to...
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The Internal Revenue Service collected more than $3.5 trillion in taxes in 2019. Not all of this money went to funding the government, however. Nearly half of all tax returns filed by individuals,...
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The U.S. Census Bureau began to track the effects of COVID-19 on the population through its Household Pulse Survey on April 23 of last year. As the agency’s researchers wrote at the time, “The...
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Between June and November of last year, in the heart of the pandemic, the overall percentage of Americans living below the poverty line rose from 9.3% to 11.7% — the highest single-year increase...
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Federal law stipulates that American workers must be compensated at least $7.25 per hour in any occupation, no matter where they live. While the minimum wage is intended to ensure a certain standard...
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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 federal government defines the poverty line in the continental United States as $12,880 per year for individuals and $26,500 for families of four — with slightly higher numbers for Alaska and...
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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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Wall Street has experienced volatility a number of times since March 2020. COVID-19, GameStop’s activist short squeeze, and the Suez Canal blockage all shook up worldwide commerce. Investment firm...
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All the world loves beer. It’s brewed commercially in about 160 countries around the globe, from Albania to Zimbabwe. It’s even made in nations with an alcohol-eschewing Muslim majority, like...
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