by AJ Franklin | Jul 6, 2023 | Economics
Construction spending is an underestimated indicator that most people do not think about when it comes to a nation’s economy. The data from construction spending gives an insight of the economic growth of the United States as measured from the GDP. What is it?...
by AJ Franklin | Jul 5, 2023 | Economics
Home sales is considered one of the economy’s leading economic indicators. Jointly published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development every month, the report measures the sales of new single-family houses in the United States....
by AJ Franklin | Jul 3, 2023 | Economics
Every month, the Department of Labor releases figures on employment that include the number of jobs created within the past month by the government, private sector, and other specific industries as well as the unemployment rate in the nation. These numbers are...
by AJ Franklin | Jun 2, 2023 | Economics
Consumer spending, which makes up about 68% of the United States’ gross domestic product, is the total money spent by individuals and households on goods and services for personal use and enjoyment. Consumer spending is a major factor in driving an economy and a...
by AJ Franklin | Jun 1, 2023 | Economics
At some point in a person’s life, they will experience a rise in prices for goods and services, known as inflation. Inflation can occur in nearly every product or service; from need-based expenses like food and housing to want-based expenses like cosmetics,...
by AJ Franklin | Jun 1, 2023 | Economics
Gross Domestic Product (GDP) is one of the most important numbers to understand when evaluating how productive a country is. GDP represents the total market value of finished goods or services produced in a country within a period, usually one year or a quarter....
