Income & Output
Income & Output Articles
For the almost 40 million Americans who live in poverty, the effects of living in a state of not knowing whether they can afford their basic needs every month has serious effects that go far beyond...
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Treasury yields have spiked to tempting levels for investors looking for steady and reliable income. The 3 month, 6 month, 12 month, and 2 year treasury yields are all over 5% today. The 3yr, 5yr,...
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Across the world, cities and major urban areas act as economic pillars. Often serving as engines of job creation and innovation – as well as magnets for investment capital – cities generate over...
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The U.S. Bureau of Labor Statistics recently announced that the consumer price index rose 3.7% in September 2023 from a year ago. While the latest CPI data is a marked improvement from the...
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Gross domestic product (GDP), which assesses a country’s economic size by quantifying the total value of goods and services produced within its borders, is one way of measuring the wealth of a...
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The Big Mac — the menu mainstay of McDonald’s, one of America’s largest fast-food chains — is among the most famous sandwiches in the United States. The ingredients of the burger...
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California and Hawaii are among the most desired domestic tourist spots in the United States, but not necessarily the most desirable destinations for retirees relying on Social Security to maintain...
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Spanning nearly 3.8 million square miles, the United States is the third largest country in the world by land area. Still, land is a commodity with a fundamentally fixed supply, and demand for it...
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Blessed with fair year-round weather and its proximity to the economic powerhouse of Hollywood, Santa Barbara has for decades attracted the rich and famous. George Lucas, Oprah Winfrey, and Ellen...
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The share of Americans living below the poverty line rose in 2022, reversing several years of historic progress. Much of the increase in real poverty was due to the expiration of safety net programs...
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Rampant inflation has been eroding real incomes nationwide, but no doubt wealthier Americans have had an easier time handling soaring prices. In some U.S. states, more households have relatively...
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Efforts by the Federal Reserve Bank to tame inflation appear to be working. After climbing to a 41-year high of 9.1% in June of 2022, the rate on the closely watched consumer price index dropped to...
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Income inequality in the U.S. has been creeping upwards for decades. Over the 40 years between 1980 and 2019, income inequality – a measure of the uneven dispersion of wealth across a...
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The rapid development of AI language models has already had a significant impact on various occupations and will likely have even more of an impact going forward. These models are designed to...
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