author profile photo
Factle AppVisualization
3 likes1 comment1240 views
"Highest gender wage gap in OECD"

The gender wage gap is defined as the difference between median earnings of men and women relative to median earnings of men.


Data refer to full-time employees on the one hand and to self-employed on the other.


#gender #wages #economy


Source: OECD


author profile photo
Alex DamianouVisualization
2 likes1 comment31 views
"Student Loan Debt in USA"

According to the Federal Reserve, the level of outstanding student debt in the United States reached $1.75 trillion by the end of 2021.


As the chart shows, the student debt burden has more than tripled over the past 15 years, which is one of the reasons for the calls for student debt relief to grow louder and more frequent.


Student loans are the second largest category of household debt in the U.S., trailing housing debt by a wide margin.


Auto loans are the third largest category, currently standing at $1.3 trillion.


#economy #debt


Source: Board of Governors of the Federal Reserve System (US)


author profile photo
Factle AppVisualization
3 likes2 comments1173 views
"Most indebted companies (2019-20)"

The dataset includes the most indebted companies in the world by total corporate debt according estimates by the British-Australian investment firm Janus Henderson.


In 2019, the total debt of the 900 most indebted companies was $8,325 billion. The most indebted companies were in the oil and gas, utilities, telecommunication and automotive industries. Updated to include Evergrande of China.


#debt #economy #corporates


Source: Janus Henderson Group


author profile photo
Factle AppVisualization
3 likes1 comment1224 views
"Most valuable agricultural products (2020)"

This dataset lists the most valuable agricultural products in terms of global gross production value ($USD) by type.


The top 5 include rice, pig, milk, maize (corn), and chicken!


#agriculture #food #trade #economy


Source: Food and Agriculture Organization (FAO)


author profile photo
Factle AppVisualization
2 likes1 comment1818 views
"Countries with the highest PIT rates"

Which countries have the highest top headline personal income tax rates in the world as of August 2022?


#tax #wealth #economy


Source: PwC Worldwide Tax Summaries


author profile photo
Alex DamianouVisualization
3 likes1 comment63 views
"Gross Domestic Product"

With second-quarter GDP data due out Thursday, the question of whether the economy is in recession will be on everyone’s mind.


The economy stands at least a fair a chance of hitting the rule-of-thumb recession definition of two consecutive quarters with negative GDP readings.


The last two recessions were in 2020 and 2008-2009, as annotated in the chart above.


Should inflation stay at high levels, that then will trigger the biggest recession catalyst of all, namely Federal Reserve interest rate hikes.


Treasury Secretary Janet Yellen said “we just don’t have” conditions consistent with a recession.


#economy #recession #inflation


Source: U.S. Bureau of Economic Analysis


author profile photo
Alex DamianouVisualization
2 likes0 comments13 views
"Americans say inflation is biggest problem"

Mentions of inflation have leveled off since March 2022, with readings of 17% or 18%, after increasing throughout the fall and winter months.


They remain relatively high compared with recent history but have been higher in the past, including 52% in October 1981, 49% in January 1982 and 31% in April 1982, around the time inflation was last at its current rate. Inflation had been named by an average of 1% of Americans between 1990 and 2021.


#inflation #economy


Source: Gallup


author profile photo
Patrick RussoVisualization
3 likes2 comments28 views
"Manufacturers' Value of Shipments"

Shipments of manufactured durable goods in March, up ten of the last eleven months, increased $3.3 billion or 1.2 percent to $274.2 billion.

After over a 60% decline in shipments of Motor Vehicles and Parts early in the pandemic, shipments of Motor Vehicles and Parts were up 11% in nominal terms since January 2020.

Nondefense Capital Goods Excluding Aircraft shipments were up 22% over the same period.


Source: U.S. Census Bureau


#economy #fred #shipping


author profile photo
Patrick RussoVisualization
3 likes1 comment27 views
"Average Hourly Earnings to CPI"

Despite the highest inflation in 40-years, real wages are higher than pre-pandemic as of March 2022. Real wages in March 2022, as calculated by the ratio of Avg. Hrly Earnings to CPI, is actually up 1.8% since Jan 2020!


Average Hourly Earnings are of Production and Nonsupervisory Employees, Total Private, which Paul Krugman used in his Jan 25th op-ed discussing

the inflation narrative.


Source: Ratio of Average Hourly Earnings to CPI


#economy #inflation #wages

author profile photo
Alex DamianouVisualization
1 like0 comments42 views
"Used Cars with Greatest Price Increases"

#Economics #GasPrices #Cars #Energy

The Kia Forte subcompact car, which is among the most affordable new cars on the market, has the highest price increase in the most states with 17.

The vehicle with the highest price increase across all states is the Kia Forte in New Jersey with an 61.0 percent increase.

author profile photo
Patrick RussoVisualization
0 likes0 comments31 views
"Poverty rate by US State 2018-2020"
author profile photo
Patrick RussoVisualization
2 likes0 comments23 views
"Avg Hrly Earnings (Prod&Nonsupervisory)"

In real terms, Average Hourly Earnings relatively high compared to the last 20 years.

#economy #sotu #fred


Return to State of the Union 2022 project by OpenAxis

author profile photo
Patrick RussoVisualization
0 likes0 comments22 views
"Avg Hourly Earnings (Prod&Nonsupervisory)"

In real terms, Average Hourly Earnings have been trending up since the mid-90's.

#economy #sotu #fred


Return to State of the Union 2022 project by OpenAxis

author profile photo
Patrick RussoVisualization
1 like0 comments20 views
"More businesses closed than opened in '20"

About 12,000 more businesses closed than opened in 2020.

#business #economy #sotu


Return to State of the Union 2022 project by OpenAxis

author profile photo
Patrick RussoVisualization
1 like0 comments15 views
"Labor Force Participation Rate"

In January 2021, the Labor Force Participation Rate was 1.7% below it's December 2019 level.

The Labor Force Participation Rate for women was 1.7% below it's December 2019 level, but was still down 1.9% for men.

#economy #fred #sotu


Return to State of the Union 2022 project by OpenAxis

author profile photo
Patrick RussoVisualization
1 like0 comments27 views
"Labor Force Participation Rate"

The labor force participation rate remains 1.2 percentage points below February 2020

#economy #fred #sotu


Return to State of the Union 2022 project by OpenAxis

author profile photo
Patrick RussoVisualization
0 likes0 comments32 views
"Employment throughout the pandemic"
author profile photo
Patrick RussoVisualization
0 likes0 comments23 views
"Average annual unemployment rate"

Average Annual Unemployment Rate


2021's average annual unemployment rate was 5.4%, 2.7 percentage points lower than the previous year but still the second highest since 2015.


Return to State of the Union 2022 project by OpenAxis

#employment #economy #fred #sotu

author profile photo
Patrick RussoVisualization
1 like0 comments18 views
"The US added 6.7 million jobs in 2021"

The US economy added 6.7 million jobs in 2021 after losing 9.3 million jobs in 2020.


All Employees, Total Nonfarm Change y-o-y

Change from preceding December, thousands of persons, non-farm.


Return to State of the Union 2022 project by OpenAxis

#economy #jobs #sotu #fred

author profile photo
Patrick RussoVisualization
0 likes0 comments21 views
"Real GDP grew 5.7% in 2021"

Real GDP grew 5.7% in 2021 after decreasing 3.4% in 2020.

Return to State of the Union 2022 project by OpenAxis


#sotu #fred #gdp #economy