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Median Household Income Statistically Unchanged in October 2013

December 7th, 2013
in econ_news, syndication

by Sentier Research

According to new data derived from the monthly Current Population Survey (CPS), median annual household income in October 2013 was $52,299, not statistically different than the September 2013 median of $52,498.

These findings come from a report issued today by Sentier Research, titled “Household Income Trends: October 2013,” which presents monthly trends in household income from January 2000 to October 2013.

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Residential Migration: Seen Through the Lens of Credit Bureau Data

December 7th, 2013
in econ_news

by Keith Wardrip and Robert M. Hunt - Federal Reserve Bank of Philadelphia

This study reviews residental migration using credit report data in addition to US Census data. Using Census Data, consumers were classified into four categories of relative neighborhood income and find that, over time, the number and proportion of consumers with a credit report fell in low and moderate income neighborhoods and rose in higher income neighborhoods. Population trends evident from census data explain only a portion of these changes in the location of the credit bureau population.

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Mexican Migrants Return in Record Numbers

December 7th, 2013
in econ_news

A Conversation with Agustín Escobar Latapí - Federal Reserve Bank of Dallas

The U.S. tends to emphasize the total size of the Mexican immigrant population, which hasn’t grown since 2007. The other side of the coin, of course, is what happens in Mexico. In a nutshell, the total size of the population moving to Mexico from the U.S. has grown remarkably.

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Infographic of the Day: Law - The Future is Here

December 7th, 2013
in News, econ_news, syndication

Welcome to the new world of legal services. Lawyers use their critical minds not just to work on cases, but to reinvent their industry’s role.

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Windows 8 Performance Remains Weak

December 6th, 2013
in News, econ_news, syndication

by Felix Richter, Statista.com

More than a year has passed since the highly anticipated release of Windows 8 and the performance of the newest version of the world's leading operating system remains weak.

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