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Economy

“63.4%: Labor Force Participation… As Labor Force Grows by 574,000”

“…In January, the civilian non-institutional population in the United States was 259,502,000. That included all people 16 and older who did not live in an institution (such as a prison, nursing home or long-term care facility). Of that civilian non-institutional… Continue Reading…

Economy

“New High of 90% of Americans Satisfied With Personal Life”

“Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003… These results are from Gallup’s… Continue Reading…

Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

Economy

Record Economic Optimism: Highest In 44 Years

“Economic optimism has reached a 44-year high and economic gloom a record low under President Trump in the latest survey that shows people in the United States are cheering their best personal economy in decades. For the first time in… Continue Reading…

Economy

“Private payrolls soar in January, the best monthly gain in nearly 5 years”

“The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from… Continue Reading…

Economy, Stocks

“Stocks Pare Losses on Earnings Amid Virus Angst: Markets Wrap” [Plus Where To Invest]

“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…

Economy

“Economists are even more optimistic about the US economy”

“The National Association for Business Economics said in a survey released Monday that 67% of respondents expect America’s gross domestic product — the most complete measure of the nation’s economy — to grow by 1.1% to 2% this year. A… Continue Reading…

Economy

“For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains”

“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…

Banking, Economy

“$1,163,090,000,000: Federal Spending Sets Record Through December”

“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…

Economy

“Yuan rises as US lifts China’s currency manipulator label”

“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…