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Government Shutdown: Economic Data Likely to be Delayed

In previous shutdowns, Government data from the BLS, BEA and Census Bureau were delayed. Data from the Federal Reserve was released on time.As an example, if the government shuts down, I expect New Home sales, durable goods and Q4 GDP to all be delayed next week. Show More Summary

Why California Has The Nation's Worst Poverty Rate

Authored by Ryan McMaken via The Mises Institute, Earlier this week, the LA Times reminded its readers that California has the highest poverty rate in the nation.  Specifically, when using the Census Bureau's most recent" Supplemental...Show More Summary

New housing construction plunges to lowest level in more than a year

Driven by a drop in single-family construction, U.S. housing starts plunged in December, marking the biggest decline in new residential construction in a little over a year, according to U.S. Census Bureau statistics released Thursday...

The housing market still can't keep up with millennial demand even after its best year in a decade

New residential construction in the US rose to a 10-year high in 2017, the Census Bureau said in a report Thursday. But the number of entry-level units still falls short of demand from millennials. Homebuilders cite rising land and labor...Show More Summary

Housing Starts Disappointed in December, but Permits Point to Optimism for the Coming Months

The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts disappointed in December, pulling back sharply from a 13-month high in November. New... The post Housing Starts Disappointed in December, but Permits Point to Optimism for the Coming Months appeared first on Shopfloor.

Housing Starts decreased to 1.192 Million Annual Rate in December

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,192,000. This is 8.2 percent below the revised November estimate of 1,299,000 and is 6.0 percent below the December 2016 rate of 1,268,000. Show More Summary

Where did Americans move in 2017?

Like death and taxes, one thing is for certain: Americans are always on the move. The U.S. Census Bureau indicates that nearly 14 percent of the population, which is roughly 40 million people, move each year...

Why is liberal California the poverty capital of America?

Guess which state has the highest poverty rate in the country? Not Mississippi, New Mexico, or West Virginia, but California, where nearly one out of five residents is poor. That’s according to the Census Bureau’s Supplemental Poverty Measure, which factors in the cost of housing, food, utilities...

Retail Sales increased 0.4% in December

On a monthly basis, retail sales increased 0.8 percent from November to December (seasonally adjusted), and sales were up 5.4 percent from December 2016.From the Census Bureau report:Advance estimates of U.S. retail and food services...Show More Summary

Here's how each US state's population changed between 2016 and 2017 because of people moving in and out

The US Census Bureau recently released population estimates for the 50 states and DC. The release included data on how many people moved into and out of each state. The Northeast and Midwest tended to have more people move out than move...Show More Summary

Immigrants are pouring into these US states

The US Census Bureau recently released its 2017 population estimates for each of the 50 states and Washington DC. In addition to data on how state populations grew or shrank overall between 2016 and 2017, the Bureau also included information...Show More Summary

2017: Canberra’s biggest turn in 20 years

We may have been able to hide Canberra’s charms from the rest of Australia for over a century, but it seems the secret is out. According to Census data released in mid 2017 from the Australian Bureau of Statistics, the ACT recorded the largest population growth rate of all states and territories. At the end […]

The Controversial Question DOJ Wants to Add to the U.S. Census

The Department of Justice requested that the bureau inquire about citizenship in the upcoming questionnaire, a move that experts argue could have a crippling effect on participation.

New Data Shows Which States May Gain/Lose Seats

Stephen Wolf: “On Dec. 20, the Census Bureau released its population estimates for 2017 for every state, detailing how many residents each state has gained or lost since the 2010 census. The firm Election Data Services has used these estimates [...]

Here are the US states where more people are dying than being born

The Census Bureau released its estimates for how each state's population changed between 2016 and 2017. One of the components is "natural population change," or net births minus deaths. Most states had a positive natural change, butShow More Summary

Earlier: Trade Deficit at $50.5 Billion in November

From the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $50.5 billion in November, up $1.6 billion from $48.9 billion in October, revised. Show More Summary

New Factory Orders Rose by 1.3% in November, with 8.0% Growth Year-over-Year

The Census Bureau said that new factory orders rose by 1.3 percent in November, accelerating from the softer 0.4 percent gain seen in October. The boost to orders in the... The post New Factory Orders Rose by 1.3% in November, with 8.0% Growth Year-over-Year appeared first on Shopfloor.

U.S. Trade Deficit up to Nearly a 6-Year High in November, but Manufactured Goods Exports up 4.2% YTD in 2017

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $48.91 billion in October to $50.50 billion in November, its highest level since... The post U.S. Trade Deficit up to Nearly a 6-Year High in November, but Manufactured Goods Exports up 4.2% YTD in 2017 appeared first on Shopfloor.

A New Year’s Resolution That Counts

We should make the resolution to hold the Census Bureau and our federal officials accountable.

Construction Spending increased in November

Earlier today, the Census Bureau reported that overall construction spending increased in November:Construction spending during November 2017 was estimated at a seasonally adjusted annual rate of $1,257.0 billion, 0.8 percent above the revised October estimate of $1,247.1 billion. Show More Summary

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