An increasing number of Americans are unable to make their monthly credit card payments, according to data from the Federal Reserve Bank of Philadelphia.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – July 30 2024
Post
PLANTATION WORKERS OF SLAVELANDIA TOO POOR TO BUY A HOUSE IN MORE THAN 200 U.S. CITIES
In 237 U.S. cities, a low-priced starter home now costs at least $1 million, according to online brokerage Zillow. The number has almost tripled since 2019, when 84 cities featured seven-figure entry-level homes.
Post
U.S. ECONOMIC GROWTH DOUBLED IN SECOND QUARTER
U.S. GDP grew by 2.8 percent in April through June, doubling the first quarter’s pace of 1.4 percent.
Post
ECONOMIC UPDATE—MARKET OVERVIEW
The data is there for all to see, but most believe in what they want and facts don’t matter.