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Markperry

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Wikinvesting since
Feb 2008
wikinvest Sr. Associate
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Professor Mark J. Perry's Blog for Economics and Finance

Some 94% of Americans polled by Harris Interactive this month said they were satisfied with the lives they lead. According to Gallup, only 9% of Americans are dissatisfied with their jobs and only 13% are dissatisfied with their job security. The unemployment rate is at a five-year high of 5.7%, but it wasn't long ago when that was considered close to full employment (see chart above,... read more

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According to today's BEA report (Table 10), real disposable personal income increased in July by 1.2% compared to July last year, following a 3.4% annual increase in June and 6.3% increase in May (see chart above). Both growth rates (May and June) were above the 2.6% average growth in real disposable income since 2001, following 7 months (October 2007 to April 2008) of... read more

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