Last week, we featured a number of what we'll call "statistical equilibrium charts" showing the negative break in trend for new jobless claims in the eight states where domestic U.S. oil production has surged in recent years.
After following China into recessionary growth levels in January 2015, at least as suggested by the exchange rate adjusted value of goods and services it trades with that nation, the U.S.' economic situation would at first glance have appeared to improve, while China's economic situation deteriorated.
Beginning in January 2014, the trajectory of median new home sale prices in the U.S. with respect to median household income began to follow a new trend, with typical new home sale prices increasing at an average pace of nearly $11 for every $1 increase in typical household incomes.
New jobless claims, or rather, the weekly tally of seasonally-adjusted initial unemployment insurance claims that are filed by those who have recently been laid off from their jobs, are an important economic indicator that provides a real-time look at the state of the nation's employment situation.
On Thursday, we revealed what dividends were saying about the health of the U.S. economy in the first quarter of 2015.
Now that we've demonstrated that the passage of the Affordable Care Act has resulted in a declining quality of life for average Americans since 2009, we thought we'd next discuss how that outcome came to pass, but first, we thought we'd first illustrate the trade off that American consumers are being forced to make using a production possibilities frontier curve - perhaps the first time in living memory that such a curve has been developed using real life data!
Today, we're going to follow up an observation we made when we examined the major trends for how the consumer spending patterns of Americans has changed from 1984 through the present, where we observed that since 2009, increases in expenditures for health insurance are being paid for by the reduced consumption of entertainment.
Some time ago, we recognized that the number of companies acting to cut their dividends each month seemed to be a very good and simple predictor of the near real time state of the U.S. economy.
We've been exploring data found in the U.S. Bureau of Labor Statistics and U.S. Census Bureau's Consumer Expenditure Survey, which has provided a window into the annual consumer expenditures of American households (or rather, "consumer units") since 1984. Today, we thought it was time to take a look at how the major categories of that spending has evolved over the thirty years for which we have data.
Unlike a lot of analysts, we've always approached the Patient Protection and Affordable Care Act, which is perhaps better known as "Obamacare", from the perspective of personal finance.
What we discover is that over time, GDP has become less and less indicative of the quality of life of American consumer units/households.
Going by the international trade data collected by the U.S. Census Bureau, it appears that the U.S. economy joined China in experiencing contraction in January 2015.
That extension in harmful economic policies was made possible by the scorched earth campaign of political protests launched by the state's Democratic party...
Where do Americans get the income they earn each year?
Aren't Hollywood actors supposed to be among the most ardent supporters of left wing causes?
What is the truth behind Gov. Scott Walker's Wisconsin?
Of all the things we never expected to find ourselves doing, providing policy guidance to the Federal Reserve is probably at the top of the list.
What the world needs now is a better snow plow.
How much might President Obama's executive action to "legalize" the immigration status of an estimated 5 million non-U.S. citizens who unlawfully entered the United States cost U.S. taxpayers?
We found an interesting correlation between how Brent crude oil prices have changed and the value of the S&P 500 since the beginning of 2015.