The Pandemic Stalls Growth in the Global Middle Class, Pushes Poverty Up Sharply
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
Numbers, Facts and Trends Shaping Your World
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Who pays, and doesn’t pay, federal income taxes in the U.S.?
Since 2000, there has been a downward trend in average effective tax rates for all but the richest taxpayers.
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In the pandemic, India’s middle class shrinks and poverty spreads while China sees smaller changes
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
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7. More potential positives and delights of the advancement of XR
When asked to describe some of the positives of the advancement of XR, respondents shared wide-ranging visions of what they imagine will take place in improved metaverse spaces of the future: interactions with famous people, playing-field experiences with prominent athletes, travel to exotic and fun locales (e.g., archeological digs, mountaintops, historic scenes and other-worldly places), […]
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Methodology
The analysis of adult educational attainment, educational debt and factors underlying educational decisions is based on the 2019 Survey of Household Economics and Decisionmaking (SHED). This annual survey has been sponsored by the Federal Reserve Board of Governors since 2013. The 2019 survey was fielded in October 2019 and was administered online. The universe for the SHED is adults […]
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5. Closing thoughts on ChatGPT and other steps in the evolution of humans, digital tools and systems by 2035
The following respondents wrote contributions that consider a wide range of issues tied to humans’ future in the digital age. Andy Opel, professor of communications at Florida State University, wrote, “The fall of 2022 introduced profound changes to the world with the release of OpenAI’s ChatGPT. Five days later, over a million users had registered […]
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Improving the way we categorize family income
We’ve made adjustments to account for differences in purchasing power by survey respondents’ household size and geography.
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Are you in the middle class?
See where you fit in the distribution of Americans by income tier and metro area. …
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Economic Attitudes Improve in Many Nations Even as Pandemic Endures
Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.
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Parents Differ Sharply by Party Over What Their K-12 Children Should Learn in School
Republican and Democratic parents differ widely over what their children should learn at school about gender identity, slavery and other topics, but they are equally satisfied with the quality of education their children are receiving.