Chart of the Week: Poverty by congressional district
In the 2000s, poverty rose more in Republican congressional districts than in Democratic districts, though it’s still more prevalent in Democratic districts.
Around the world, governments promote home ownership
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
Tepid U.S. jobs data conceal modest momentum for blacks and Hispanics
Unemployment continues to be lower among whites than other groups, but job growth is slower compared with blacks and Hispanics — one reason, perhaps, why whites are the most pessimistic about the economy.
Quarterly GDP estimates: Squishy, but still valuable
The first read on each quarter’s GDP growth is eagerly anticipated by economists, forecasters and pundits of all stripes. But those numbers are almost certain to be revised; their true value lies in what they say about the U.S. economy’s overall direction.
Few students likely to use print books for research
Only 12% of teachers say their students are “very likely” to use printed books in a research assignment.
Americans want to mind their own business
Nearly half of Americans say the country should mind its own business internationally and let other countries get along as best they can on their own.
Chart of the Week: How Americans pay for college
U.S. families are relying less on their own resources and more on outside sources (scholarships, loans and the like) to pay for college.
5 reasons Americans have the economic blahs
Despite modestly positive macroeconomic trends, many Americans feel lukewarm or worse about the economy. Five less-common indicators may help explain why.
Obama returns focus to America’s struggling middle class
As President Obama prepares to make a “major” speech on the economy today, our past reports describe the challenges the middle class has faced in the past decades.
Who makes minimum wage?
The controversy over Washington, D.C.’s “living wage” ordinance, which may prompt Wal-Mart to pull out of as many as six new stores planned for the city, has drawn new attention to those near the bottom of the nation’s wage ladder. The ordinance would require large, non-union retailers to pay their workers above the District’s $8.25-an-hour […]