Search results
May 5, 2024 · GDP growth: 2.6% Unemployment rate: 3.4% Inflation rate: 4.4% Poverty rate: 12.80% Real disposable income per capita: $17,181. Disposable income per capita (adjusted for inflation): $130,520....
May 5, 2024 · Barack Obama had the difficult task of taking over on the tail end of the Great Recession, and that may explain some of his numbers. For instance, GDP growth was the fourth lowest under him (though much better than his predecessor). The poverty rate was also the second highest under Obama.
6 days ago · According to the survey, some 50 percent of Americans believe that the U.S. economy is heading in the wrong direction, while only 25 percent said it is going in the right direction. Americans are ...
May 6, 2024 · Inflation doesn’t hurt as much if incomes grow faster than prices rise, which they did during Trump’s entire presidency. According to a Vox analysis , the inflation rate was always under 3% and sometimes under 2% during all four Trump years before cratering to near zero during the peak pandemic, with wage growth outpacing inflation throughout.
May 3, 2024 · And if the US economy is bouncing back, why is President Joe Biden not seeing an economic bounce ... Write an article and join a growing community of more than 183,100 academics and researchers ...
Apr 19, 2024 · Andrew Spear/Getty Images. American workers’ wages have been rising faster than prices for more than a year now. Their nation’s economy, meanwhile, is the envy of the wealthy world: Since the...
Apr 17, 2024 · The performance of the U.S. economy should be a winning issue for Biden. I don’t know what the next half year holds in store, but as of now, unemployment is low and inflation, while still...
