Census Bureau: New 1-Year Estimates for Income and Poverty Released from 2021 American Community Survey
Today the U.S. Census Bureau released new income and poverty briefs from the 2021 American Community Survey (ACS), 1-year estimates and years prior. These briefs analyze changes in median household income and poverty rates for the nation, states, the District of Columbia, Puerto Rico and the most populous metropolitan areas between 2019 and 2021. The Poverty:…
FDIC: Results of Summary of Deposits Annual Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released results of its annual survey of branch office deposits for all FDIC-insured institutions as of June 30, 2022. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 79,000 domestic offices operated by more than 4,700 FDIC-insured commercial and savings banks, savings…
Census Bureau: The Number of People Working from Home Tripled Between 2019 and 2021
U.S. Census Bureau releases new 2021 American Community Survey 1-year estimates for all geographic areas with populations of 65,000 or more. Between 2019 and 2021, the number of people primarily working from home tripled from 5.7% (roughly 9 million people) to 17.9% (27.6 million people), according to new 2021 American Community Survey (ACS) 1-year estimates…
Census Bureau: Data on 2021 Income, Poverty and Health Insurance Coverage Analyzed
The U.S. Census Bureau announced today that real median household income in 2021 was not statistically different than 2020. The official poverty rate of 11.6% was also not statistically different between 2020 and 2021. The Supplemental Poverty Measure (SPM) rate in 2021 was 7.8%, a decrease of 1.4 percentage points from 2020. Meanwhile, the percentage…
Census Bureau: Schedule Released for Income, Poverty and Health Insurance Statistics and ACS Estimates for 2021
The U.S. Census Bureau’s schedule for the release of the 2021 Income, Poverty and Health Insurance statistics from the Current Population SurveyAnnual Social and Economic Supplement (CPS ASEC) and the American Community Survey (ACS) is as follows: Tuesday, Sept. 13, 2022 (no embargo): CPS ASEC will be released for calendar year 2021. National 2021 income statistics: Annual release of…
ABA: Bank Economists Foresee Economic Soft Landing, But Downside Risks Challenge Outlook
The U.S. economy will continue to expand through 2024, but at a slower pace than its long-term potential, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. The economists also expect inflation to gradually slow toward the Federal Reserve’s objective of 2% over the next two years. The committee, made up…
FDIC: Summary of Deposits Survey and Filing for June 30, 2022 Begins
The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt. All survey responses are required by July 31,…
Census Bureau: New Statistics Available from the 2016-2020 American Community Survey
Today the U.S. Census Bureau released new statistics from the 2016–2020 American Community Survey (ACS) 5-year estimates. Following pandemic-related data collection disruptions, the Census Bureau revised its methodology to reduce nonresponse bias in data collected in 2020. After evaluating the effectiveness of this methodology, the Census Bureau determined the standard, full suite of 2016–2020 ACS 5-year data are fit for public release, government…
Census Bureau: New Educational Attainment Data Released
Today, the U.S. Census Bureau released findings from the Educational Attainment in the United States: 2021 table package that use statistics from the Current Population Survey’s Annual Social and Economic Supplement to examine the educational attainment of adults age 25 and older by demographic and social characteristics, such as age, sex, race and nativity. Data Highlights Age In 2021,…