- Inflation Adjustment, comparing the last five years[1]
In 2015 $1.00 has the same buying power as $0.99 in 2014
In 2015 $1.00 has the same buying power as $0.98 in 2013
In 2015 $1.00 has the same buying power as $0.96 in 2012
In 2015 $1.00 has the same buying power as $0.95 in 2011
In 2015 $1.00 has the same buying power as $0.92 in 2010
Inflation has remained low this year. The inflation rate is part of what determines currency stability. - US Population, comparing the last five years[2]
2015: 322 million
2014: 320 million
2013: 317 million
2012: 315 million
2011: 313 million
2010: 311 million
Population increase is slow and constant, currently sustainable. - Labor force participation rate (age 16+ people currently working, and actively seeking work), comparing the last five years[3]
2015: 62% (200 million)
2014: 63% (201 million)
2013: 63% (199 million)
2012: 64% (201 million)
2011: 64% (200 million)
2010: 64% (199 million)
Continuing to decrease, and is alarmingly low. - Unemployment rate (of the labor force participation rate, that is how the government calculates it), comparing the last five years[4]
2015: 5% (10 million)
2014: 6% (12 million)
2013: 6% (12 million)
2012: 8% (16 million)
2011: 8% (16 million)
2010: 9% (18 million) - Real Unemployment, comparing the last five years using numbers from above.
2015: 322 - 200 + 10 = 132 million not working : 41% real unemployment
2014: 320 - 201 + 12 = 131 million not working : 41% real unemployment
2013: 317 - 199 + 12 = 130 million not working : 41% real unemployment
2012: 315 - 201 + 16 = 130 million not working : 41% real unemployment
2011: 313 - 200 + 16 = 129 million not working : 41% real unemployment
2010: 311 - 199 + 18 = 130 million not working : 42 % real unemployment
Numbers may be within plus or minus 2% margin of error as I cannot determine the percentage of the US population that is under the age of 16. - Median Household Income, comparing the last five years, adjusted for inflation[5]
2015: number not available yet
2014: $53,657
2013: $53,105
2012: $52,970
2011: $53,162
2010: $54,343
Wages seem to remain in the same range. - GDP, comparing the last five years, adjusted for inflation, in billions[6]
2015: number not available yet
2014: 17,348.1
2013: 16,663.2
2012: 16,155.3
2011: 15,517.9
2010: 14,964.4
Low growth over the last five years. - Conclusion
US Economy seems stable, but growth is stagnant.
Saturday, November 14, 2015
The Real State of the Economy at the end of 2015; Facts and Figures
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