102 billion mobile apps will be downloaded around the world during 2013.
Everywhere you look there’s someone using a mobile app for something. It’s an industry that’s flourished at an incredible rate since the arrival of the iPhone in 2007–and now, Gartner says this year, global revenues from apps will be $26 billion, a rise of more than 44% since last year.
Continue reading… “What’s driving the $26 billion mobile app economy?”
The economic recovery belongs to the rich. It seemed ominous in 2007 when the share of national income flowing to America’s top 1% of earners reached 18.3%: the highest since just before the crash of 1929. But whereas the Depression kicked off a long era of even income growth the rich have done much better this time round.
Continue reading… “Income flowing to the top 1% is at a record high”
The report describes how technological innovation, particularly as it relates to the Internet of Everything (IoE), could lead America’s economy out of a “slow-growth rut.”
The Internet of Things could be just what the U.S. economy needs. The Progressive Policy Institute released a report today titled “Can the Internet of Everything bring back the High-Growth Economy?” The PPI is a public policy think tank that conducts research and promotes liberal economicand political policies.
Continue reading… “The Internet of Things could lead the U.S. economy out of a ‘slow-growth rut’”
The very wealthiest Americans earned more than 19 percent of the country’s household income last year.
The gap between the richest 1 percent and the rest of America is the widest it has been since the Roaring ’20s.
Continue reading… “Wealthiest 1% earn biggest share since 1920’s”
Young people are not in the traditional rush to get their driver’s license.
A new study by Michael Sivak and Brandon Schoettle of the University of Michigan’s Transportation Research Institute confirms that year after year, fewer 16 to 24 year-olds are getting driver’s licenses.
Continue reading… “Fewer young people getting their driver’s licenses: Study”
There were almost 4 million babies born to American women in 2012.
According to statistics in a National Center for Health Statistics report released last week, fertility rates are leveling off for the first time since before the recession began as more American women are having babies in an improving economy.
Continue reading… “U.S. fertility rates are leveling off”
Paying superstar programmers tens of millions of dollars is called the “Kobe Bryant effect.”
Venture capitalist Marc Andreessen says that engineers are being paid their “true value” in the technology industry, where some engineers are drawing multi-million dollar paychecks.
Continue reading… “‘Superstar programmers’ can get paid as much as a pro athlete”
Like the unemployment rate, the employment-population ratio is also affected by labor participation.
The US jobs report last week added to a long string of lackluster monthly installments of data, but at least one thing has been looking up: The unemployment rate is ticking down steadily, dropping almost a tenth of a percentage point with each new report.
Continue reading… “Here’s what you might have missed about the U.S. jobs report”
Ninety percent of the overall decline in enrollment was from students over 25.
For the first time in six years the number of college students has declined, according to new Census figures released this week. The half-a-million-student drop is “a huge decline,” Census Bureau statistician Julie Siebens told me. This sounds like bad news, but it could actually be a sign of good news. It means the labor market is — slowly, but surely — getting better.
Continue reading… “College enrollment declined in 2012, but for good reasons”
The car industry has accounted for 15 percent of post-2009 GDP growth.
America’s amazing car recovery explains the U.S. economy. But how does the U.S. economy explain America’s amazing auto recovery?
Continue reading… “The future of the U.S. auto industry in 14 charts”
Buildings in the U.S. consume a lot of energy.
The United States has a massive energy inefficiency problem. The amount of energy wasted by the US economy in 2012, could power the United Kingdom for 7 years.
Continue reading… “America uses 11 times more energy than the UK but only has 5 times more people”
Why is this quiet trend is about to reverse itself?
There is some good news among the most vulnerable segment of American society despite a housing crisis, a great recession, rising income inequality, and elevated poverty. An estimated 633,000 population of homeless in America has declined in the last decade.
Continue reading… “The decline of homelessness in America”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
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