Do lower gasoline prices make for confident consumers?
Lower gas prices tend to improve consumer sentiment, but the actual impact on the overall economy probably is small.
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Lower gas prices tend to improve consumer sentiment, but the actual impact on the overall economy probably is small.
The median wealth of white households was 13 times the wealth of black households and 10 times that of Hispanic households in 2013, compared with eight and nine times, respectively, in 2010.
Sales at many retailers spike during the year-end holiday season, but holiday sales overall are a bit less significant than they were two decades ago.
Retail is one of the more seasonally variable sectors of the U.S. economy, but much of the holiday hiring surge is concentrated in just a handful of categories.
The world’s third largest economy faces long-term challenges, including pessimistic forecasts from the Japanese public, the hollowing out of Japan’s working-age population and the nation’s exorbitant public debt.
The restaurant and food service industry is the single biggest employer of near-minimum workers, employing 3.75 million near-minimum workers, about 18% of the total.
More than 92 million Americans last month were considered outside the labor force entirely. While most of them are older, the biggest increase has been among teens and young adults.
Growing economic inequality, increasing joblessness, global pollution and severe weather events are among the world’s most pressing threats experts say.
The different direction of economic fortunes since the Great Recession has had a major impact on life satisfaction in countries around the world.
Despite somewhat better feelings about the economy, Americans’ collective mood is much the same as it was ahead of the last two general elections.
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