Tag Archives: economics

The Last Fifty Years: A Brief Look at U.S. Economic Indicators

Ask an American to describe the typical suburb. Responses will include a range of physical attributes from manicured lawns to exclusive subdivisions, yet there is always one prevailing caveat. These peripheral areas are reserved for middle and upper-class families. A combination of personal observations and media-driven stereotypes have placed this image–or a similar┬ávariation–in the minds […]

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Income Data from the 2009 American Community Survey

In Kenneth Jackson’s Crabgrass Frontier, the author observes that “social change usually begins at the top of society. In the United States, affluent families had the flexibility and the financial resources to move to the urban edges first.” Written in the 1960s, the observation had already been confirmed by multiple economists. ┬áThe middle and upper-class […]

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