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.
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.
Can a president control gas prices? Depends on when you ask
Can a president control gas prices? The answer depends on whether you ask a Republican or a Democrat — and which party occupies the White House.
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.
Many Say Economic Recovery Long Way Off
Four years after the recession officially ended, the economic recovery remains a long way off in the view of many Americans. And opinions of economic conditions have slipped back to levels from earlier this year.
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 […]
Averages, medians and unemployment: Parsing the numbers
Every month when the Bureau of Labor Statistics releases its jobs report, people home in on one particular metric: the unemployment rate. But there are a lot of other interesting and potentially significant data in the report, though interpreting them appropriately can be tricky. Take, for example, the duration of unemployment. There’s little doubt that more […]
Polling’s mixed message for 2014, 2016
At midyear, the national opinion polls provide little indication of which way the political wind is blowing looking ahead to 2014, and 2016. Most of the key public opinion measures are mixed, or uncertain.
Obama Job Approval Holds Steady
Barack Obama’s job approval rating has changed little in the past month, despite a series of recent controversies. In part, Obama is benefiting from improving views of the economy – the share rating the nation’s economy as excellent or good has doubled over the past year.
The “been down so long it looks like up” economy
Fewer than one in five Americans rate the U.S. economy as “excellent” or “good”