Coronavirus-Driven Job Apocalypse by State — April 2020

Jobs are everything to the economy.  Period.  The never-before-seen shut down of the U.S. economy has resulted in the greatest number of unemployed people in the history of the country.   Prior to 2020, the most people in history that applied for unemployment benefits in a seven day period was 695,000 (October 1982).   Since mid-March,  weekly …Read more

Potential High-Risk Housing Markets Due to Coronavirus

The economic impact of the Coronavirus varies from one city to the next  just like medical symptoms and severity of those infected by the virus differs from one person to another.    A myriad of factors affect how each local housing market will respond under these pressures and economic uncertainties.  My favorite economic and real estate …Read more

How the Typical U.S. Household Spends Monthly

The typical U.S. household had pre-tax earnings of $78,635 with $67,241 after-tax income in 2018 as reported by the U.S. Bureau of Labor Statistics (BLS).  The BLS tracks not only employment and income, but also how the typical household spends that money.   With an average 2018 monthly spend of $5,201 per household and an average …Read more

Incidence of Coronavirus by State – May 2020

While the world has now reached a confirmed 5 million cases of Coronavirus, three-in-10 (31.3 percent) of those are in the U.S.– though the 50-states make up just 4.3 percent of the world’s population. Thus far the U.S. has tallied 454.4 confirmed Coronavirus cases per 100,000 people compared to 65.8 per 100,000 average across the …Read more