In my previous blog post, we found that, since the financial collapse, debt obligations as a ratio of household income is falling—most notable mortgage payments, the single largest debt obligation for households. While this deleveraging is a logical step in light of the bust of the housing bubble, it would appear that households have rather…
Household debt to GDP is the ratio of household debt to gross domestic product. In calculating the ratio, household debt is the numerator and gross domestic product is the denominator. Below is the graph showcasing data from the year 2009 to the first quarter of year 2015. Although the graph only goes as far back…
Although consumer sentiments on the economy seem to have improved since the decline in February, it would be interesting to know if the rise in optimism is grounded on facts rather than hope.
According to an article on CNNMoney about two weeks ago, millions of Americans are interested in buying a home this year. Unfortunately, according to the online real estate website Zillow, most will be unable to. “The dream of homeownership remains very much alive and well,” said Zillow’s chief economist Stan Humphries. “But these aspirations must…
Japan’s female workers The video points out that Japanese woman are having difficulties finding daycare centers for their children. It is important that they do, for these are working women. This is interesting because Japan has consistently proven that there is a large gap between women and men when it comes to wages, work opportunities,…
Nifty Penny 