I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Posts Tagged ‘ Census Bureau ’
Older, Suburban and Struggling
WASHINGTON — They drive cars, but seldom new ones. They earn paychecks, but not big ones. Many own homes. Most pay taxes. Half are married, and nearly half live in the suburbs. None are poor, but many describe themselves as barely scraping by. ...
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Most of the unemployed no longer receive aid
Most of the unemployed no longer receive aid
By CHRISTOPHER S. RUGABER
The Associated Press
Updated Nov 5, 2011 11:16PM
Washington • The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer ...
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A Long, Steep Drop for Americans’ Standard of Living
Think life is not as good as it used to be, at least in terms of your wallet? You'd be right about that. The standard of living for Americans has fallen longer and more steeply over the past three years than at any time since the US government began...
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Recession Officially Over, U.S. Incomes Kept Falling
October 9, 2011
Recession Officially Over, U.S. Incomes Kept Falling
By ROBERT PEAR
WASHINGTON — In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did durin...
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It Makes You Wonder
In "Burger Flippers, Babysitting Grandmas Show Recession Lives On," Bloomberg details where things stand for the average American.
Americans flipped more burgers, rented more homes, used less-expensive heating fuel and asked for more government hel...
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The impoverishment of the West
Sep 21, 2011
THE BEAR'S LAIR
The impoverishment of the West
By Martin Hutchinson
The US Census Bureau's study of American incomes, poverty and health coverage issued last week was most interesting when considered, not as a metric of this recession...
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Why the US Dollar "Works" …..
The demise of the dollar as the grease of global trade would trigger global depression, political instability and the end of the Status Quo everywhere. No wonder it's still around.
The basic dynamic is this:
1. Technology and other efficiencies l...
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U.S. August ISM Manufacturing Report on Business (Text)
U.S. August ISM Manufacturing Report on Business (Text)
QBy Editor: Alex Tanzi - Sep 1, 2011 10:19 AM ET
Following is the text of the U.S. manufacturing conditions from the Institute for Supply Management.
August Manufacturing ISM Report On Business...
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Retail Sales No Reason for Market Party
Today’s retail sales report was far from a reason for the market to party. The media are reporting that on a seasonally adjusted basis, nominal retail sales fell less than expected. An analysis of real retail sales suggests that the underlying trend is weakening, and that contrary to the market’s reaction today, the outlook...
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How to Know if it’s a Good Time to Buy a Home
Home ownership has long been a goal for many Americans, but now more people are worried that the troubled housing market means it's not a good time to buy a home, and they're kissing their plan goodbye.
Since the housing market collapsed in 2008, forcing millions of underwater homeowners...
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Colllapse in Homeownership is much greater than reported
The following is from economist Tom Lawler. He points out that the homeownership rate in April 2010 was significantly lower than previously thought. Tom also notes that the age adjusted homeownership rate was lower in April 2010 than in April 1990! ...
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With a Weak U.S. Housing Market, Is Home Ownership Still a Good Investment?
Owning a home has long been a goal for many Americans, but now more people consider U.S. homeownership a poor investment choice and are kissing that plan goodbye.
Since the housing market collapsed in 2008, forcing millions of underwater homeowners out of their houses, real estate has become a...
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Consumer Metrics Institute: Off Its Historic Lows
May 24, 2011
Earlier this month we saw evidence of slowing consumption in the Advance Monthly Retail Trade Report for April from the Census Bureau (see my analysis here). I've now updated my Consumer Metrics Institute (CMI) charts through the late...
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Consumer Metrics Institute: Deeper Historic Lows
May 20, 2011
Last week we saw evidence of slowing consumption in the Advance Monthly Retail Trade Report for April from the Census Bureau (see my analysis here). This morning, I've updated my Consumer Metrics Institute (CMI) charts through the late...
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Retail Sales: The "Real" Story
May 13, 2011
I delayed my commentary on the latest Retail Sales Report until today because my focus is on "real" (inflation-adjusted) and population-adjusted retail sales data. Now that we have the April CPI report, let's analyze the numbers.
Re...
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Consumer Metrics Institute: New Historic Lows
May 9, 2011
On Thursday of this week, we'll get the Advance Monthly Retail Trade Report for April from the Census Bureau. Shortly thereafter I'll post my revised retail sales charts. Meanwhile, I've updated my Consumer Metrics Institute (CMI) chart...
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The 10 Industries That Pay Women The Least
Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock to most people since the feminist movement is several decades old. Sadly...
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Could declining home values spark a Taxpayer Rebellion?
You might think property taxes have declined 30%, paralleling declines in housing values. But nope--property tax revenues have shot up 27% just since 2006.
Something remarkable happened to property taxes in the U.S. while housing lost 31% of its v...
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Long View of Housing Measures Says Sell
Every 3 months the Census Bureau releases an interesting survey of US housing inventory and vacancy for both owner occupied and rental housing. I include a review of this data along with the shorter term and real time indicators on the owner occupied housing market in my proprietary housing updates. The last Census Bureau...
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Wall Street Pay Breaks Record…..
Things have never been better for the 'wages of sin'....
Wall Street pay is rising, while income for normal Americans has stagnated.
Even as the real economy limped, financial firms paid employees a record sum last year, the Wall Street Journal re...
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Study finds income gap widening
Study finds income gap widening
By TIFFANY WRIGHT
Saturday, October 16, 2010 10:09 PM EDT
In the U.S. the rich keep getting richer and the poor are staying stagnant.
According to Census Bureau figures, last year saw the widest income gap between the...
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A Stake Through The Heart
Well, I guess I nailed that one... Heh heh. Sort of, anyway. Here's what I wrote in last night's Professional Edition Housing Update-
QuoteTomorrow’s Commerce Department new home sales data should be very weak. According to Econoday and Briefing.com...
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Poverty Smoke and Mirrors
The state Ministry of Truth (MoT) has new poverty data out that is worth passing on for laughs or whatever. According to the MoT’s Census Bureau , the poverty rate climbed to 13.2 percent from 12.5 percent, and the number of people classified as poor jumped by 2.6 million to 39.8 million. Real per...
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Dancing the Con Con
Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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