Tag Archives: Census Bureau

There was never really any answer given by the Chinese Communists for why their own export data diverged so much from other import estimates gathered by its largest trading partners. Ostensibly different sides of the same thing, it’s not like anyone asked Xi Jinping to weigh in; they report what numbers they have and consider them authoritative. However, the United States’ Census Bureau’s tallies of China-made goods entering this country used to track very closely...

While the global inflation picture remains fixed at firmly normal (as in, disinflationary), US retail sales by contrast have been highly abnormal. You’d think given that, the consumer price part of the economic equation would, well, equate eventually price-wise. Consumers are spending, prices should be heading upward at a noticeable rate. To begin with, consumer spending – as pictured by the Census Bureau – was obviously boosted during January by the previous...

When it comes to job creation in the United States, President Trump will be displeased to hear the latest findings from Quartz: 170,000 fewer retail jobs in 2017 – and 75,000 more Amazon robots.  In November, we explained that while everyone likes to point the finger at Amazon, America’s retail apocalypse can’t be tied to just one catalyst (see: A Look At America’s Retail Apocalypse In Charts), however, fierce...

Submitted by Ryan McMaken via The Mises Institute, Annual Median Equivalized Disposable Household Income in USD Last year, I posted an article titled “If Sweden and Germany Became US States, They Would be Among the Poorest States” which, produced a sizable and heated debate, including that found in the comments below this article at The Washington Post. The reason for the controversy, of course, is that it has nearly...