Outstanding credit card debt has declined from pre-pandemic levels. This was likely due to a lack of spending options during quarantines. More recently, stimulus checks helped consumers pay off debt.... Read More
The first quarter saw $1.14 trillion in mortgage origination, just off the record set in the previous quarter.... Read More
A historical look at the highest and lowest tax brackets since 1913... Read More
How have the different forms of taxes funded the U.S. government throughout the years?... Read More
The highest earners may pay income tax rates that are almost double that of the average American, but the largest chunk of income tax revenue collected by the IRS comes from households earning between $200K and $500K.... Read More
The average taxpayer in the U.S. paid 14.10% on their adjusted gross income between 2001 and 2018.... Read More
Roughly 35% of U.S. citizens have no income tax liability.... Read More
A look at each state's income tax as well as sales tax rates... Read More
A comparison of taxes across the globe... Read More
Jobs have steadily increased for college grads since 2007, but the same cannot be said for those less educated.... Read More
Real GDP rose 6.04% on an annualized basis in the first quarter. With the exception of Q3 2020, this marks the highest growth rate since 2003.... Read More
Emerging markets' activity measures have stalled over the past month, but advanced economies' activity measures continue higher.... Read More
Pandemic-related stimulus measures have created much higher debt to GDP ratios around the world.... Read More
The current supply disruption is getting to the breaking point where companies may have to start raising prices, which could lead to inflation.... Read More
A home may be the biggest purchase most people make in their lives, but households' home equity is actually surpassed by households' direct stock ownership.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Almost 45% of FDIC deposits in the U.S. are uninsured.... Read More
While virus-related policy has remained steadily stringent in Western Europe this year, policy in the U.S. has become less so.... Read More
China's Daily Activity Indicator remains the highest among major countries, but it remains below its pre-pandemic peak.... Read More
Household debt in the U.S. rose slightly to $14.56 trillion in the fourth quarter.... Read More