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U.S. Demographics: Ten most common ages in 2010, 2015, 2020, and 2030

The Census Bureau has released the population estimates for 2015.Using that data, on Sunday I posted a table ranking the largest 5-year cohorts in 2010, 2015, 2020, and 2030: Largest 5-year Population Cohorts are now "20 to 24" and "25 to 29"Using the same data, Jed Kolko tweeted the ten most common ages in the U.S. Show More Summary

Here's the only stat you need to be bullish on the US economy

There's no way around it: young people are everywhere.  Late last week, the Census Bureau put out its latest population estimates with this data driving home the increasing reality that the US economy is on cusp of a millennial powered-boom.   On...Show More Summary

Here’s Why Housing “Recovery” Not As It Appears

“Pace of U.S. New Home Sales Slows in May” was the Wall Street Journal’s headline on the Census Bureau’s report released last week. But the body of the article had an entirely different tone, exemplified by “Broadly, other data showShow More Summary

Largest 5-year Population Cohorts are now "20 to 24" and "25 to 29"

Two years ago, I wrote: Census Bureau: Largest 5-year Population Cohort is now the "20 to 24" Age Group. The Census Bureau has just released the population estimates for 2015, and I've updated the table from the previous post (replacing...Show More Summary

Community spotlight: Olmos Park

Just seven miles north of Downtown San Antonio sits Olmos Park, a middle-class neighborhood favored by San Antonio residents. With a median household income of $111,359 per year, according to the U.S. Census Bureau, Olmos Park is a prime opportunity for successful young professionals and families alike...

Here’s How Bad US New Home Sales Are

The Census Bureau’s monthly update on new US home sales for May had lots of interesting data buried between the lines. I’ll touch on a few things here, with more to come in a subsequent post. First, while prices rose only 1% year over...Show More Summary

Friday: Brexit Result, Durable Goods, Consumer Sentiment

To track the Brexit vote, here is a great spreadsheet updated frequently from @britainelectsFriday:• At 8:30 AM ET, Durable Goods Orders for May from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders.• At 10:00 AM, University of Michigan's Consumer sentiment index (final for June). Show More Summary

New Home Sales decreased to 551,000 Annual Rate in May

The Census Bureau reports New Home Sales in May were at a seasonally adjusted annual rate (SAAR) of 551 thousand. The previous three months were revised down by a total of 55 thousand (SAAR)."Sales of new single-family houses in May 2016 were at a seasonally adjusted annual rate of 551,000, according to estimates released jointly today by the U.S. Show More Summary

Here come new home sales ...

The Census Bureau will release data on new home sales during May at 10 a.m. ET. Economists forecast that sales fell 9.5% at a seasonally adjusted annual rate of 560,000, according to Bloomberg. Via Bank of America Merrill Lynch: "We think new home sales will fall by 5%, to 585K, in May, partly reversing the strong 16.6% increase in April. Show More Summary

Census: Asians remain fastest-growing racial group in US

WASHINGTON (AP) — Asians remain the fastest-growing racial group in the United States, according to new information from the Census Bureau. California has the largest number of most racial and ethnic groups, with more Hispanics, whites,...Show More Summary

Housing Starts Pulled Back Slightly in May

The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts fell 0.3 percent, down from an annualized 1,167,000 in April to 1,164,000 in...

Housing Starts decreased to 1.164 Million Annual Rate in May

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,164,000. This is 0.3 percent below the revised April estimate of 1,167,000, but...Show More Summary

Lawler: Single-Family Home Production in 2015: Small Number, Big Homes

From housing economist Tom Lawler: Single-Family Home Production in 2015: Small Number, Big HomesAt the beginning of June the Census Bureau released its annual report for 2015 on the characteristics of new privately-owned residential...Show More Summary

Retail Spending Increased in May, Extending the Rebound Seen in April

The Census Bureau said that retail sales increased by 0.5 percent, stronger than expected, extending the 1.3 percent rebound seen in April. This suggests that Americans have begun to open...

Retail Sales increased 0.5% in May

On a monthly basis, retail sales were up 0.5% from April to May (seasonally adjusted), and sales were up 2.5% from May 2015.From the Census Bureau report:The U.S. Census Bureau announced today that advance estimates of U.S. retail and...Show More Summary

Retail sales rise more than expected

Retail sales rose 0.5% in May according to the Census Bureau, topping expectations. Sales rose at most of the kinds of businesses the bureau tracks, with gas stations and online retailers among the biggest gainers. Gas station salesShow More Summary

Economic Statistics for 8 Jun 16

The Labor Department’s JOLTS report says that April job openings rose to 5.788 million from a downward revised 5.670 million in March. The Census Bureau reports that Information Revenue rose 1.3% in the 1st Quarter, and is up 5.7% on a year-over-year basis. The MBA reports that mortgage applications rose 9.3% last week, with purchases up […]

How to Avoid Three Common Pitfalls When Buying Your First Home

Over the last decade, homeownership among Hispanic Americans has continued to hover below the national average of 62.5 percent, as reported by the U.S. Census Bureau in April 2016. First-time Hispanic home buyers may have shied awayShow More Summary

Arabic Fastest-Growing Language in US Households

Arabic is now the fastest-growing language in the United States, and the right-to-left script is posing some design challenges for the Census Bureau, who may be offering translations for their 2020 questionnaire.

A Slight Reworded Census Question May Soon Shift the Balance of Religious Power in Australia

As the Australian Bureau of Statistics prepares for the upcoming 2016 census taking place this August, they've changed the way they ask people for their religious affiliation.Now's a good time for religious groups to start freaking ...

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