…utilization from 2020 to 2021 contributed to this growth. This increase following the 7.5% decline in use in 2020. Average prices grew 2% from 2020 to 2021. A lower growth…

…the Household Survey is whether, by relying on Census estimates, it has substantially underestimated population growth, and in particular immigration-driven growth, in the past two years. Here’s a graph from…

…in 2024 to 372 in 2025 (22.7 percent growth), and in the total number of Medicare beneficiaries enrolled in C-SNPs, from 629,560 to 1,069,660, respectively (69.9 percent growth) (see exhibit…

…$51 more a week, a growth rate of 4.3%. Accounting for inflation, the real wage growth was 1.1% or an additional $13 a week. Real wage growth varies geographically. Over…

…cited in the Journal article) that shifting from income tax to sales tax will result in “average annual personal income growth” mean almost nothing since averaging income growth across a…

by Mike Kimel Explaining Why Low Tax Rates are Correlated with Slower Economic Growth, Once Again One of the regular mysteries facing economists is why the US economy fails to…

…annual domestic profit and wage/salary growth spanning 1981 Q1 to 2011 Q1. The series are deflated by the GDP price index. Real domestic profit growth has been robust, peaking at…

…growth. However, they make it very, very hard to argue that immigration had a positive effect on growth during the past few years. Of course, that isn’t what we hear…

…in the ECI is shown in red in the graph below, since the peak in wage growth in 2021, compared with average nonsupervisory wage growth (light blue) and average total…

…growth may be lackluster on auto sales (H/T spencer) – durables consumption accounted for half of the quarterly growth rate in consumption (0.66% contribution to total GDP quarterly growth). Government…