The Supplemental Poverty Measure (SPM), which includes government assistance, increased to 12.4% in 2022 from 7.8% in 2021, according to U.S. Census Bureau data released today. The 2022 poverty rate was also 0.6 percentage points higher than the pre-pandemic rate…
Americans are Pessimistic about Country’s Future
Pew Research Center conducted a new survey, that found that when it comes to several aspects of society, Americans generally feel pessimistic about the future of the country. In particular 63% are pessimistic about the country’s moral and ethical standards…
Americans Increasingly Link Increases in Extreme Weather Events to Climate Change
The summer of 2023 was the hottest on record, and also had a variety of devastating, extreme weather events. Wildfires in Canada, flooding in Libya and drought in regions across the world. There are three and a half more months…
Health Insurance Coverage of U.S. Workers Increased in 2022
Health Insurance Rates for Working-Age Adults Higher by Race, Hispanic Origin, Region The percentage of working-age adults ages 19 to 64 with health insurance coverage increased from 2021 to 2022, primarily driven by an increase in employment-based coverage. This resulted in…
Nearly 15% of U.S. Consumers Prefer International Whiskey
According to CGA’s BeverageTrak, the Whiskey category experienced a 16% uplift in Q4 of 2022 compared to the previous quarter. Winter showed the most growth, with 2023’s Q1 having a 11% raise compared to Q3 of 2022. This outperformed the…
2022 Income Inequality Decreased for First Time Since 2007
Income inequality declined in 2022 for the first time since 2007, due primarily to declines in real median household income at middle and top income brackets, according to the Income in the United States: 2022 report released today. The report shows real…