With the fastest tightening cycle in history through the past 2 years, the expectation was the labor market would start to slow. Indeed publishes an alternative metric to traditional labor market measures. ... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
A comparison of the assets and liabilities of the wealthiest Americans versus the rest of the country... Read More
Wall Street economists are making much of the recent declines in open jobs relative to the unemployed. But even these lower levels are higher than anything we saw before the pandemic.... Read More
Household debt in the U.S. stood at $17.29 trillion in the third quarter.... Read More
Credit utilization remains historically low, but is on the rise.... Read More
People under 30 and over 70 hold a relatively small amount of debt compared to other age groups.... Read More
The average third party collection jumped to $1620 in the third quarter.... Read More
Household debt broken down by delinquency status... Read More
Credit card debt is now 21% higher than it was pre-pandemic.... Read More
Mortgage originations remain well off the peak set in 2021.... Read More
With excess savings dwindling, consumer loan data takes on increased importance.... Read More
Only 5% of small business owners believe it is a good time to expand their business. A tight labor market is one of the main reasons for their pessimism.... Read More
The IMF projects China's share of global GDP will plateau over the next several years. Also, Germany is set to overtake Japan as the third largest economy in the world.... Read More
Retirement assets grew again in Q2. The total amount of assets in retirement accounts has ballooned in the past 15 years. ... Read More
Inflation-adjusted retail sales remain below their peak from March 2021.... Read More
According to the IMF, financial conditions in the U.S. remain easier than the long-term average.... Read More
Indeed.com publishes an index that shows the number of job postings relative to the pre-pandemic period.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
The globalized economy drove deep ties between China and the United States. As both nations strive to become less reliant on each other, signs point to two diverging economies. ... Read More