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Housing Starts Declined in August but Single-Family and Permits Remained Encouraging

The Census Bureau and the U.S. Department of Housing and Urban Development said that new housing starts declined 0.8 percent in August. New residential construction edged down from 1,190,000 units... The post Housing Starts Declined in August but Single-Family and Permits Remained Encouraging appeared first on Shopfloor.

Housing Starts decreased to 1.180 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 1,180,000. This is 0.8 percent below the revised July estimate of 1,190,000, but is 1.4 percent above the August 2016 rate of 1,164,000. Show More Summary

The Myths Of Recovery: Why American Households Aren't Better Off

Authored by Dr. Constantin Gurdgiev via MarketWatch.com, The stagnation of real incomes from 1999 through today is structural, not cyclical... Off the top, the figures published by the U.S. Census Bureau on Tuesday are encouraging: Median...Show More Summary

Poverty rate in Arkansas shrinks

A survey conducted by the U.S. Census Bureau says the percentage of Arkansas residents living below the poverty line is shrinking. According to the survey, Arkansas ranked 44th in the … Click to Continue »

ROBERT SAMUELSON: THE MIDDLE CLASS MAKES A COMEBACK. The middle class is back — or so it seems. …

ROBERT SAMUELSON: THE MIDDLE CLASS MAKES A COMEBACK. The middle class is back — or so it seems. That’s the message from the Census Bureau’s latest report on “Income and Poverty in the United States.” The news is mostly good. The income of the median household (the one exactly in the middle) rose to a […]

Robert Samuelson: The middle class makes a comeback. The middle class is back — or so it seems…

Robert Samuelson: The middle class makes a comeback. The middle class is back — or so it seems. That’s the message from the Census Bureau’s latest report on “Income and Poverty in the United States.” The news is mostly good. The income of the median household (the one exactly in the middle) rose to a […]

A Prayer To End Child Poverty in Our Time

We know what to do to end child poverty if we want to in rich America. The U.S. Census Bureau reported this week that the

Indiana sees decrease in residents without health insurance

A U.S. Census Bureau report has found that the number of people in Indiana without health insurance has decreased over the past few years. The report released last week found … Click to Continue »

The 30 US Metros With The Highest And Lowest Incomes

Authored by Wolf Richter via WolfStreet.com, Breath-taking differences in a vast country. The Census Bureau released another data trove this week for 2016, based on the American Community Survey. Among many other data points, the survey details median household incomes by geographic location, such as by metro area, county, or state. Show More Summary

The gender wage gap just shrank for the first time in a decade

This week, the Census Bureau reported some bright news: Middle-class incomes rose last year to the highest level ever recorded, a long-awaited sign of healing from the Great Recession. Along gender lines, the numbers revealed a more complicated story. Women are closing the pay gap with men — the...

African Americans are the only U.S. racial group earning less than in 2000

African Americans were worse off financially in 2016 than they were in 2000. The median income for an African American household was $39,490 last year, according to U.S. Census Bureau data released this week. It was $41,363 in 2000. (Both figures are in 2016 dollars, so they have been adjusted...

Lawler: ACS-Based Household Growth Slowed Last Year: Homeownership Rate Estimate Up, But Barely

From housing economist Tom Lawler: ACS-Based Household Growth Slowed Last Year: Homeownership Rate Estimate Up, But BarelyThe Census Bureau released the results of its 2016 American Community Survey, which provides a wide range of estimated statistics about people and housing. Show More Summary

Retail Sales Were Soft in August, up Modestly over the Past Year

Retail spending was down 0.2 percent in August, according to the Census Bureau, and it is likely that Hurricane Harvey might have negatively impacted those figures. Weather aside, retail sales... The post Retail Sales Were Soft in August, up Modestly over the Past Year appeared first on Shopfloor.

Retail Sales decreased 0.2% in August

On a monthly basis, retail sales decreased 0.2 percent from July to August (seasonally adjusted), and sales were up 3.2 percent from August 2016.From the Census Bureau report:Advance estimates of U.S. retail and food services sales for...Show More Summary

The country — especially California — has a major poverty problem

To the editor: The Times’ article on the Census Bureau report on income levels was informative but misleading in regard to the percentage of people living in poverty, especially in California. (“American households finally earn more than they did in 1999,” Sept. 12) The article did not use or report...

Are You Offering These Benefits to Your Millennial Hires?

According to the U.S. Census Bureau, the millennial generation outnumbers the popular baby boomer generation by millions, so it's no surprise that millennials get a great deal of attention in the corporate world. Millennials are also...Show More Summary

California's housing costs are driving its citizens into poverty. Lawmakers need to act now

If California lawmakers needed another reason to pass legislation to address the state’s housing crisis, the U.S. Census Bureau has provided one. Annual data released this week again confirm that when housing costs and other living expenses are figured in, California has the nation’s highest poverty...

Americans are making more money

According to new data from U.S. Census Bureau, Americans are making more money! Veuer's Natasha Abellard (@NatashaAbellard) has the story.        

U.S. Median Household Income: The Myths Of Recovery

`` The Census Bureau data shows that bulk of the gains in real income in 2016 has been down to one factor: higher employment. In other words, hours worked rose, but wages did not. American median householders are working harder at more jobs to earn an increase in wages. Show More Summary

More and more older Americans are slipping into poverty

There was good news in the Census Bureau’s poverty report for most age groups in America. The data revealed one concerning trend, however: rising poverty among older Americans. "Individuals ages 65 and older had the unique distinction...Show More Summary

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