Estimated reading time: 3 minutes Economic Temperature Check It has been a turbulent few years for the U.S. economy, with the pandemic-era recession and historically high unemployment, which gave way to a roaring rebound, a worker shortage, and high inflation. The whiplash of the past years have created what economists call a k-shaped, or bifurcated, economy that…Read more
Estimated reading time: 3 minutes Widening Wage Gap Americans got a much-needed pay bump in 2023. But unfortunately, the gains were not equally distributed. In 2023, the inflation-adjusted median income of U.S. households increased to $80,610, up 4% from 2022, according to data from the Census Bureau. But men saw a much bigger pay bump than women,…Read more
Estimated reading time: 3 minutes Light at the End of the Tunnel Soaring grocery prices have been a massive headache for American families in recent years. But there is light at the end of the tunnel: Online grocery prices just registered their biggest monthly price drop on record. Prices for online food shops fell 3.7% month-over-month in…Read more
