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Poverty is down and incomes are up, expanding the middle class: U.S. Census Bureau

Whichever presidential candidate who takes office on Jan. 20, 2017, will face an economy beginning to emerge from the long shadow of the 2007 recession. Poverty was down last year, income was up and there were fewer Americans without health insurance, according to new data released by the U.S. Show More Summary

These 3 States Have The Most Millennials Still Living At Home

They’re old enough to drive, vote, get a credit card, attend college and land a job. Yet, many of America’s 18-to 34-year-olds aren’t yet old enough ? or financially stable enough ? to live in their own place. U.S. Census Bureau released data on Sept. Show More Summary

New Home Sales decreased to 609,000 Annual Rate in August

The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 609 thousand. The previous three months were revised down by a total of 4 thousand (SAAR)."Sales of new single-family houses in August...Show More Summary

Here come new home sales ... (XHB, ITB)

The Census Bureau will release data on new home sales during August at 10 a.m. ET. Economists forecast that sales fell 8.3% at a seasonally adjusted annual rate of 600,000, according to Bloomberg. That would be a sharp pullback from a strong pace last month, by 12.4% at a rate of 654,000, which was the strongest since 2007. Show More Summary

The dog ate my Census, says ABS

The Australian Bureau of Statistics blames everyone but itself for the failures of the 2016 Census. That's a sign of weak and out-of-touch management.

ABS Says IBM Screwed Up The Census

More details about exactly what lead to the Census website shutdown on 9 August have come to light — with The Australian Bureau of Statistics stating in a Senate inquiry IBM “failed to properly implement” geoblocking, leaving it wide open to denial of service attacks. More »      

Home values and rents rising across major metros as inventory continues to fall in August

For the first time since 2011, incomes are rising at a faster pace than home values, according to recent data released by the U.S. Census Bureau and reported by Zillow. The report shows home values rose at a 5 percent annual rate while incomes grew by 5.2 percent...

New York Big Winner In 2015 Real Median Household Income Derby, Virginia and Maryland Big Losers

Back to the phenomenal Real Median Household Income report from the US Census Bureau for 2015. If you call, it rose by the most in history, +5.2% from 2014 to 2015.  Particularly when the Bureau of Economic Analysis’ Disposable Personal Income (DPI) per household grew by only 2.8% from 2014 to 2015. Show More Summary

IBM lambasted by ABS for failing to handle Census DDoS

The Australian Bureau of Statistics has said IBM should have been able to handle the denial-of-service attack that hit Census systems on the night of August 9.

Here’s How We Know The Census Bureau Report On Household Income Is Bogus

The US Government publishes lots and lots of economic data, much of it conflicting, and much that’s highly suspicious. We know that the Household Income data released this week was suspicious, but I could not quite figure out what the problem was. Show More Summary

The big winners in the new U.S. income data? White women.

The Census Bureau recently reported that real median household income in the United States had increased by a hefty 5.2 percent between 2014 and 2015.  This is good news that received widespread publicity in the media. However, less publicized were the important differences between gender and racial groups.  In a recent post, I called attention to how […]

Experts explore how early childhood educators can adapt to a growing number of diverse family structures

The percentage of nuclear families in the United States has steadily declined over the past 50 years. According to the United States Census Bureau, 73 percent of all American children in 1960 lived in a family with two parents in their first marriage. Today, fewer than half of children in the United States live in what is also deemed a "traditional" family.

Two Important Charts That Show Our Economic Progress

President Obama sent this message to the White House email list to highlight two important findings from the latest Census Bureau report: household incomes increased and poverty went down. Learn more about the report here -- and make...Show More Summary

Census says income growth lowering barriers for new homeowners

The U.S. Census Bureau released it's yearly American Community Survey for 2015, showing median income increased 5.2 percent nationwide between 2014 and...

Is It Time for the Federal Reserve to Put the Brakes on the Economy?

We recently blogged about the hopeful U.S. Census Bureau release finding the fastest middle-class wage growth on record and a falling poverty rate. However, the Census finding and the 4.9% unemployment rate have some declaring that it’s time for the Federal Reserve to raise interest rates.

Housing Starts decreased to 1.142 Million Annual Rate in August

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,142,000. This is 5.8 percent below the revised July estimate of 1,212,000,Show More Summary

New Housing Starts Were Weaker in August

The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts were weaker in August, once again pulling back after passing the 1.2 million...

The Gravest Threat To Your Retirement

Submitted by Tom Dyson via, It’s one of the most exciting, most incredible charts in human history… Unfortunately, it’s also one of the scariest. Take a look: It’s a chart from the U.S. Census Bureau. It shows the...Show More Summary

The Rest of the Story About the Economic Good News

By PAUL KECKLEY Legendary radio commentator Paul Harvey ended his daily report with a final story introduced by the tease “Now for the rest of the story.” Last Tuesday, the U.S. Census Bureau announced that median household income increased 5.2% in 2015 to $56,516—the first increase in inflation adjusted income since the start of the

Think Wages are Rising? Not So Fast, Says Economist Richard Wolff

last weekNews : Truthdig

Despite a recent report from the U.S. Census Bureau, incomes are in real decline and no mechanisms have been put in place to prevent another crash, says Wolff.

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