A thought for Sunday: the march of demographics and the 2018 midterms
…less “red” than it did in either 2010 or 2014. To start with, here is the widely reprinted graph from a recent Pew study, showing that, generally, the younger the…
…less “red” than it did in either 2010 or 2014. To start with, here is the widely reprinted graph from a recent Pew study, showing that, generally, the younger the…
…$12.1 billion in 2016. Census notes for 2017, we exported $282 billion to Canada and imported almost $300 billion from Canada so we continue to have a modest goods trade…
…with the median house price. One drawback is that the Census Bureau only publishes median household income annually in September — so there is as much as a 21 month…
…here is the Census Bureau’s graph: This, by the way, is in line with the recent weekly data on purchase mortgage applications, which has been running essentially flat YoY. Bottom…
…the youngest decade. Next, they broke down non-participants by the reason given for non-participation, using the monthly household survey that is issued as part of the jobs report. The Census…
…downturn. While we wait for FRED, here’s the Census Bureau’s graphic representation of permits, starts, and completions: Here are the basic important numbers: single family permits down -0.6% m/m -0.6%…
…presentation of the data disturbed Kenneth Prewitt, a former Census Bureau director, who saw it while looking through a government report. The graphic made demographic change look like a zero-sum…
Flying blind The government shutdown is affecting some important economic indicators. All of the series published by the Census Bureau, including retail sales, manufacturers’ and wholesalers’ data, personal income and…
…and sales, and GDP. As of this morning, neither the Commerce Department nor its Census Bureau have indicated when these reports will be released, although the notice from the former…
…together with the downturn during the first quarter in real personal income adjusted for transfer payments that the Census Bureau reported yesterday, and maybe we have some cause for concern….