Tag:

US Census Bureau

America’s 50 Wealthiest Suburbs Ranked: East Coast Enclaves Dominate The List America’s 50 Wealthiest Suburbs Ranked: East Coast Enclaves Dominate The List
America’s 50 Wealthiest Suburbs Ranked: East Coast Enclaves Dominate The List The richest suburbs in America have been named — and the East Coast is cleaning up. A new GOBankingRates report finds that New York, New Jersey, Connecticut, Maryland, and Virginia communities are holding their own (and then some) among the country’s priciest and most prosperous addresses. For the second year in a row, Scarsdale, NY wore the crown. The leafy Westchester enclave boasts an average household income of $601,193 in 2023 — up 2.2 percent from the year before — and home values pushing past $1.2 million. Not far behind was Rye, NY, where the average household brings in $421,259 an…
New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market
New Home Sales Sink In May, Supply Hits Three-Year High As Trump Tariffs Strain Market New home sales plunged in May while housing supply surged to a three-year high, as rising prices, growing inventory, and the impact of President Donald Trump's tariffs deepened the US housing slowdown. Sales of new single-family homes fell to a seasonally adjusted annual rate of 623,000 in May, the US Census Bureau and Department of Housing and Urban Development said on Wednesday, June 25. That's down 13.7% from April and 6.3% from May 2024. The total also fell far below Wall Street's expectations. The Dow Jones had forecasted 695,000 sales for May, CNBC reported. The actual figur…
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May
Retail Sales Fall Sharply As Trump Tariffs Hurt Consumer Spending In May US retail sales fell more than expected in May as consumers pulled back on spending amid rising economic anxiety fueled by President Donald Trump's tariffs. Seasonally adjusted sales dropped 0.9% in May to $715.4 billion, the US Census Bureau said on Tuesday, June 17. That was even worse than the 0.6% decline forecasted by the Dow Jones consensus, CNBC reported. The tumble followed a downward revision for April, which is now listed as a 0.1% decrease. Compared to last May, sales were up 3.3%, but momentum appears to be slowing. The steepest decline came from a…
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says April's retail sales flatlined as Americans pulled back on spending, the latest sign that trade tensions under President Donald Trump's tariffs are taking a toll on the US economy. Total retail and food service sales rose just 0.1% in April, compared to March's 1.7% surge, the U.S. Census Bureau said on Thursday, May 15. April's monthly gain was within the margin of error (+/- 0.5%), suggesting no meaningful growth. From February to April, total sales rose 4.8% compared to the same period in 2024. The healthy gains appear to be slowing down after consumers rushed in February and March …
MD's Foster Care System Ranked Outside US Top 10, New Study Says: Here's Why MD's Foster Care System Ranked Outside US Top 10, New Study Says: Here's Why
MD's Foster Care System Ranked Outside US Top 10, New Study Says: Here's Why Northeast and mid-Atlantic states showed wide disparities in foster care quality, with some ranking among the nation's best and others falling behind, according to a new study. SmileHub released its 2025 list of States With the Best Foster Care Systems on Tuesday, April 29. The study analyzed every state using 19 key foster care metrics, from adoption timelines and high school graduation rates to monthly stipends. The ranking used a weighted scoring system across three categories: foster youth baselines, community environment and support systems, and legal support. …
MD Ranks Among Nation's Least-Stressed States, New Study Says: Here's Why MD Ranks Among Nation's Least-Stressed States, New Study Says: Here's Why
MD Ranks Among Nation's Least-Stressed States, New Study Says: Here's Why While most Americans are feeling the pressure — from rising costs to political uncertainty — residents in the Northeast and mid-Atlantic may be catching a bit of a break, according to a new study. WalletHub released its 2025 list of the most stressed states in the US on Monday, Mar. 24. The findings suggest that despite national anxieties — like inflation, job instability, and healthcare access — many in the region are experiencing less day-to-day stress than much of the country. Connecticut ranked 42nd overall, placing it among the 10 least-stressed states. The Constitution State had …
MD Among 10 Best States For Supporting Immigrants, New Study Says: Here's Why MD Among 10 Best States For Supporting Immigrants, New Study Says: Here's Why
MD Among 10 Best States For Supporting Immigrants, New Study Says: Here's Why A new study says some mid-Atlantic states are among the nation's leaders for having the best conditions for immigrants. Virginia ranked No. 1 as the most welcoming state for immigrants, while Arizona was named the worst, according to the study from SmileHub. The report evaluated states on 17 key factors, including the share of immigrants, job opportunities, and legal protections. The study was released as concerns rise over the Trump administration's crackdown on undocumented migrants, which is also increasing fears among immigrants legally in the US. "Over 51 million immigrants live …
Northeast Cities Among Most Diverse In US: Here's What A New Study Says Northeast Cities Among Most Diverse In US: Here's What A New Study Says
Northeast Cities Among Most Diverse In US: Here's What A New Study Says The US population is rapidly diversifying, with cities in the Northeast and mid-Atlantic at the forefront, according to a new study. WalletHub released its 2025 ranking of the nation's Most Diverse Cities on Wednesday, Feb. 26. Three Maryland communities topped the list of 501 locations, which were evaluated based on socioeconomic, cultural, economic, household, and religious diversity. According to the U.S. Census Bureau, 10.2 percent of Americans identified as multiracial in 2020, a sharp increase from just 2.9 percent in 2010. "The most diverse cities demonstrate diversity in many …