Private Wealth Increases

Global private wealth increased by 5.2% among the richest people. Most of the growth came from China and India. The Continue reading →

Climate Affects Economy

India is experiencing a heat wave that is extreme enough to affect the economy. “We estimate output declines of between Continue reading →

May US Jobs Report

The bad news: Instead of creating 158,000 jobs in May, the US economy only added 38,000. The other bad news: Continue reading →

Data That Matters May 2016

Up to 47% of jobs are considered at high risk of automation. From 2009 to 2014 cities attracted 3.6% more Continue reading →

US Wages Grow Somewhat

“For the nation as a whole, average weekly wages rose by 7.4% in real terms between 2000 and 2015.” – Continue reading →

Federal Reinvestment Falls

Governments invest in themselves through research and development, education, training, and basic infrastructure. The US; “In 2014, federal investment turned Continue reading →

US Entrepreneurship Fades

The American ideal of hard-working, innovative people starting businesses to improve their lives persists. The reality is that, in America, Continue reading →

Billionaire Wealth Quintuples

In the last two decades, wealth held by billionaires has quintupled. While inflation explains some of the increase, this has Continue reading →