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
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Household debt in the U.S. rose to $15.58 trillion in the fourth quarter.... Read More
Consumers are being cautious with their lines of credit, using just 21% of their credit limit.... 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 totaled $1234 in the fourth quarter, the lowest since Q1 2007.... Read More
Household debt broken down by delinquency status... Read More
Outstanding credit card debt has declined from pre-pandemic levels. This was likely due to a lack of spending options during quarantines. Over the past few quarters, however, this form of debt is once again on the rise.... Read More
The fourth quarter saw $1.04 trillion in mortgage origination.... Read More
Even if automobiles are excluded, retailers' inventories-to-sales ratio is near an all-time low.... Read More
Wage growth among younger, less experienced workers has moved markedly higher, while wage growth among established workers has been more subdued.... Read More
Churn remains high in the labor market. In October, there were almost 1.5 job openings for every unemployed person.... Read More
The WTO's Goods Trade Barometer slowed markedly from the summer months, suggesting a reduction in the pace of trade growth.... Read More
Household debt in the U.S. rose to $15.24 trillion in the third quarter.... Read More
Consumers are being cautious with their lines of credit, using just 20% of their credit limit.... Read More
People under 30 hold a relatively small amount of debt compared to other age groups.... Read More
The percentage of consumers with debt at a collection agency has fallen over the past couple years.... Read More
Household debt broken down by delinquency status... Read More
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