Economy articles

Read these reports to understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.

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Employment
Economy
November 2021 job growth was down compared to recent months.

The unemployment rate fell to 4.2%. And hourly earnings are still climbing.

Retail Sales
Economy
What types of stores have the highest sales during the holiday season?

Retail sales rebounded from pandemic lows; some categories even bounced back higher than pre-pandemic levels.

Employment
Economy
Job growth was up in October. The unemployment rate dropped. And hourly earnings are still climbing.

The economy added 531,000 jobs last month. The unemployment rate fell to 4.6%.

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Economy
The state and local tax deduction cap: explained

SALT deductions are mostly claimed by those making $100,000 or more. How does the cap work?

Unemployment rate
Economy
The September unemployment rate dropped nationwide. It rose in one state.

Employers added 194,000 jobs nationwide while the September unemployment rate fell from 5.2% to 4.8%.

Employment
Economy
September job growth slowed as the unemployment rate continued to decline.

The economy added 194,000 jobs last month. The unemployment rate fell to 4.8%.

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Economy
American income and saving have surpassed pre-pandemic levels.

In May 2022, Americans spent the most on traveling abroad and apparel compared with January 2020.

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Economy
What does it mean for the US to have a half a trillion dollar trade deficit?

The trade balance says more about trade patterns than the health of the US economy.

Median Household Income
Economy
Poverty grew in 2020 as Americans lost income and health insurance.

Median household income and the rate of health insurance coverage decreased while the number of people in poverty increased from 2019 to 2020.

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Economy
The Federal Reserve Explained

The US central bank is holding record high assets to keep the economy afloat during the COVID-19 pandemic.

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