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Declining Real Income

…is therefore important, and can not simply be glossed over by arguing that the poor are better off than they used to be. Table A-1 from the 2004 Census report…

Trade Data

There were two news releases this morning related to international trade. First, the BEA reported on the November trade deficit: The U.S. Census Bureau and the U.S. Bureau of Economic…

The US Trade Deficit

The US trade deficit continues to grow. From this morning’s BEA news release: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced…

Kauffman Index of Entrepreneurial Activity

…by the U.S. Bureau of the Census and the Bureau of Labor Statistics. Two especially surprising findings from the study are: (a) that the Latino rate of entrepreneurship increased from…

Mortgage Rates

…housing data may be skewed by the reconstruction in the gulf. From the Census Bureau: Questions on Katrina. Q: Will completely rebuilt houses be counted as a new house being…

What Will Become of New Orleans?

…in population, not growing like many large southern cities. Katrina seems likely to exacerbate that trend. What will the population of New Orleans be when the 2010 Census is taken?…

Poverty Rises to 37 million

Increases in the number living below the poverty line as real median income is flat. The Census report for 2004 can be found here….

A Rising Tide That Used to Lift All Boats

The following chart shows household real income for the tenth and twentieth percentiles per the data in table A3 of the Census Bureau’s Income, Poverty, and Health Insurance Coverage in…

Are Earnings Rising or Stagnant?

Census Bureau’s income data) than these compensation measures. There is too much else going on in these series to be able to safely attribute anything on the charts above to…