Daily Brief: GDP Hits 2.1% as the Durable Goods Head-Fake Hides a Business Investment Boom
Q1 GDP revised up to 2.1% while durable goods fell 4.5% — but core business investment surged 1.6%, smashing expectations. Claims also dropped to 215K.
Housing Permits vs Construction Workers
The Census recently released their housing permit report so let’s take a look: From the chart, we can see an upswing in new housing units started in the United States…
Labor Shortages: Alabama
Alabama prison system needs more people so the state is raising salaries to $50,000 to attract people to the profession. From USNews: The starting pay for a correctional officer trainee…
Labor Shortages: Idaho
Idaho has unique labor shortages and its not driven by demographic changes but by political policy. From the Idaho Capital Sun: Idaho’s Bonner General Health, the only hospital in Sandpoint,…
Labor Shortages: North Dakota
The state of North Dakota wants to implement state run immigration offices to attract more immigrants to the state to fill the labor shortages. Tim Mathern, D-Fargo, is sponsoring two…
American 401k Balances By Age
If readers are wondering why we are spending time looking at retiring overseas in Mexico, Malaysia, Colombia or other places then keep reading. Investopedia recently published a post about the…
Wyoming: Demographically Dying
Our investment portfolio is based on a simple economic thesis: Better returns on investments are based on a healthy economy. And what is the basis of any economy? It is…
America’s Demographic Map
We write a great deal about the aging of America. On any given day, about 10,000 boomers turn 65 and opt to leave the workforce, change roles in society or…
Housing & Demographics – Rental Property Income
While the stock market continues to show volatility and with the Fed expected to hike the next two FOMC meetings, our strategy is to sit out the stock market until…
Where Do 65+ Americans Get Their Income?
The Census.gov released an interesting report on the income sources of older 65+ households and the data isn’t too surprising. The vast majority of 65+ people rely heavily on social…