PRICES & SPENDING • Jun 2018 • Volume 7 / Number 10
This Beyond the Numbers article examines the lead up to, and aftermath of, the housing bubble and burst, including changes in housing prices, housing tenure (homeownership and rental rates), and consumer spending. For these purposes, this analysis uses mainly data from the Bureau of Labor Statistics (BLS) Consumer Expenditure (CE) surveys and some data from the Census Bureau.Read full article » | Download PDF
A total average goes up while all the averages at the component level go down. Is that possible? Yes—and understanding the statistical method involved is the key to explaining this seeming mystery.
If you’re looking for an in-demand career, you might want to consider the field of mathematical science, which is projected to gain 50,400 new jobs by 2026. This Beyond the Numbers article takes a detailed look at this field and explores the main reason for this projected growth: business and government use of “big data.”
This issue of Beyond the Numbers applies current data to the high-tech framework defined in previous research. It also presents a new analysis of why wages are higher in high-tech industries, and how productivity differs between high-tech service-producing and high-tech goods-producing industries.