Income & Output
Income & Output Articles
The United States is often referred to as the wealthiest nation on Earth. Measured by the size of its economic output, that is the case. However, by another widely-used measure, intended to reflect...
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Consumer economies — like that of the United States, where consumer spending accounts for 70% of economic activity — are highly exposed to slowdown in a pandemic. Since the coronavirus reached...
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Most of the world’s largest business empires and mega fortunes have been built in the United States. Not only are 14 of the world’s 25 largest public companies headquartered in the U.S., but 18...
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As the Coronavirus continues to affect the American economy, the value of the country’s currency has taken a hit in international markets. Even so, the U.S. dollar remains one of the most...
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One of the reasons that many Americans get up and go to work every day is to put some money away for retirement. While Social Security payments can be a helpful financial foundation in retirement, it...
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COVID-19 brought much of daily life in the U.S. to a halt in March and April of 2020, with stay-at-home orders prompting Americans to flock to their local grocery stores to stock up on essentials. As...
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Americans weigh many factors when they seek employment — good benefits, vacation time, work-life balance, stimulating work environment, and a job that has meaning to society. For many, though,...
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In most of the United States, an individual with an annual income of $12,760 or less is classified as living below the poverty line. Though the share of the population living on such low incomes has...
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While income inequality is a fundamental component of the U.S. capitalist economy, a recent poll conducted by the Pew Research Center found that 61% of Americans think that it has gone too far....
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The median annual household income in America is just over $60,000. While many of the highest paying jobs tend to concentrate near large population centers, there are also smaller towns that are very...
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Addressing the Senate Banking Committee earlier this week, Federal Reserve Chairman Jerome Powell testified that a full economic recovery in the wake of the pandemic is uncertain. As CARES act...
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The median annual household income in America is just over $60,000. While many of the highest paying jobs tend to be concentrated near large population centers, there are also smaller towns that are...
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With more than 1.8 million people infected nationwide and over 100,000 dead, COVID-19 is a public health crisis of proportions not seen in the United States in over a century. The economic fallout in...
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The coronavirus pandemic is a public crisis of historic proportions, threatening the health and economic stability of millions of Americans. With the April jobs report looming, economists are...
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To slow the spread of the novel coronavirus and save lives, millions of Americans nationwide have been urged or ordered by their state or local government to stay at home. In addition to stay-at-home...
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