The University of Michigan Preliminary Consumer Sentiment for June came in at 99.3, up 1.3 from the May Final reading. Investing.com had forecast 98.5.
We've updated this series to include this week's release of the Consumer Price Index as the deflator and the May monthly update. The latest hypothetical real (inflation-adjusted) annual earnings are at $38,177, down 12.4% from 45-plus years ago.
The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution). The result is the participation rate expressed as a percent.
This morning, the Census Bureau posted the Advance Report on Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let's now review Durable Goods data with two adjustments.
What would you do if I handed you a map to the Holy Grail of investing? Would you toss it in the trash because Nobel Laureate economists say it’s impossible to beat the market with less risk? Or would you give it a thorough read to see if there is any validity? Let’s find out.
Even the most avid baseball fan may not realize that A-Rod, who was one of the highest paid players in MLB history, says that committing to a financial plan from the onset enabled him to successfully make it from rags to riches.
The Sentier Research monthly median household income data has restarted. Data is now available through March 2018, when the real median household income was at $61,227. In real dollar terms, the median annual income is 1.1% higher ($674g) than its interim high in January 2008.
Over the last decade, the general trend has been consistent: The rate of home ownership continues to struggle. The Census Bureau has now released its latest quarterly report with data through Q1 2018. The seasonally adjusted rate for Q14 is 64.2 percent, up from 64.0 in Q4. The nonseasonally adjusted Q1 number is 64.2 percent, unchanged from the Q4 figure.
From the anchoring role in society of the middle class to the agility and resilience of mid-size firms, the middle has long been regarded as consistent with both individual and collective wellbeing. Yet, in recent years, the middle has become less stable, less predictable, and more elusive.
Italian general elections were held on March 4, 2018. The election results point to a hung parliament, with no party or coalition winning enough votes to form a government.