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Changes in U.S. Spending Patterns

Recently we posted a comparison of the types of jobs Americans held in 1940 and 2010, based on Census data. Now NPR has posted an interesting image showing how spending on different categories has changed: Source: Bureau of Labor Statistics. Credit: Lam Thuy Vo / NPR The change in spending on food is especially noteworthy, given the role that cost of food plays in determining the poverty line in the U.
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A Major Long-Term Change In The Labor Market Is Bad News For The US Economy

Business & Finance : Business Insider: Clusterstock (5 hours ago)

The US just isn't as dynamic as it used to be, and we need to start thinking hard about how that affects the economy. That's the conclusion from Steven Davis and John Haltiwanger, two National Bureau of Economic Research economists ... Read Post

Changes in U.S. Consumer Spending, 2007-2010

Academics / Sociology : Sociological Images (3 years ago)

The Economist posted a graph, based on Bureau of Labor Statistics data, that shows how U.S. consumer spending changed between 1007 and 2010. The results provide a good snapshot of the economic trade-offs Americans are making (i.e., ... Read Post

U.S. Employment by Industry, 1940 and 2010

Academics / Sociology : Sociological Images (3 years ago)

Matthew Yglesias posted an image from an infographic released by the Census Bureau showing differences in the U.S. population between 1940 and 2010. This section of the graphic focuses on changes in the industries in which the U.S. ... Read Post

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