Low-income households reported losing employment income at a markedly higher rate during the pandemic — 60% — in comparison with a 40% rate for middle class and high-income households, according to a new report released today by the United Way-backed movement United For ALICE.
The Pandemic Divide explores…
State personal income decreased 21.8 percent at an annual rate in the second quarter of 2021 after increasing 56.9 percent in the first quarter, according to estimates just released by the U.S. Bureau of Economic Analysis (BEA).
In the second quarter of 2021, the decrease in transfer…
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis after rising 0.9 percent in June, the U.S. Bureau of Labor Statistics reports.
Over the last 12 months, the all items index increased 5.4 percent before…
A key forward-looking gauge of economic conditions in the U.S. increased in June.
Think tank The Conference Board’s Leading Economic Index (LEI) for the U.S. increased by 0.7 percent in June to 115.1 (2016 = 100), following a 1.2 percent increase…
Consumer price inflation rose higher in June than the experts were expecting, according to some new numbers from the Labor Department.
A key measure of inflation – the Consumer Price Index for All Urban Consumers (CPI-U) — increased 0.9 percent in June on a seasonally adjusted basis after rising 0…