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The High Burden of US Housing Costs Housing represents a growing source of budgetary pressure for Americans, and the data suggests American's desire for space is at least partially to blame. In 2017, housing represented 33 percent of total US household expenditures, with rent and mortgage—as compared to other household expenses like furnishings and utilities—making up about 60 percent of the household budget, according to the US Bureau of Labor Statistics. Renters have been particularly hard hit, with more than 40 percent spending 35 percent or more of their income on housing. While only about 20 percent of mortgage holders spend that much of their income on housing, mortgages still represent the largest component of US household debt.  Reducing financial stress comes down...
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Brent crude oil prices will average $65.15 per barrel in 2019 and $62 per barrel in 2020 according to the most recent forecast from the US Energy Information Administration's monthly Short-Term Energy Outlook (EIA). This reflects an upward revision of $2.37 per barrel for 2019 compared to the previous estimate. The OECD Economic Outlook as of November 2018 is more bullish, pegging the real price of a barrel of Brent oil— i.e. price adjusted for inflation—at $80/barrel in 2019.Looking out to...

Crude Oil Price Forecast: 2019, 2020 and Long Term to 2030

Global oil prices have fallen by more than 30 percent since the summer of 2014, affecting oil producers and consumers alike. This dashboard presents oil price dynamics and the breakeven oil prices—minimum oil price to cover general government expenditures—over the past decade as well as a snapshot of the marginal cost of oil production by country in 2014. A world oil price in the range of $55 to $60 per barrel is less than the cost of Russian Arctic oil production, European and Brazilian...

Cost of Oil Production by Country

Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates. The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security,...

US Population by Age and Generation

Today Starbucks is the largest coffeehouse company in the world, with 27,339 retail locations as of the first quarter of 2018, followed distantly by such coffee shop chains as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985 to become the publicly traded Starbucks Corporation. Based on the company's positive, sustained...

Number of Starbucks Stores Globally, 1992-2018

In this dashboard, we have integrated the most recent medium and long-term forecasts of key economic indicators for G20 countries from major international organizations, namely, the World Bank, IMF, United Nations, OECD, European Commission and the Economist Intelligence Unit. The data presented covers projections of real GDP growth, characterizing each country's output of final goods and services; consumer price inflation, as a measure of price level movements; unemployment rate, or percent of...

US GDP Growth Forecast 2019-2024 and up to 2060 | Data and Charts

According to the 2016 Forbes Billionaires List, the aggregate wealth of the world's 1,810 billionaires is approximately $6.5 trillion, exceeding the GDP of Japan, the world's third largest economy with a GDP of $4.4 trillion. In other words, the wealth of 0.00002% of the world's population accounts for 9 percent of the world's GDP of about $74 trillion. How do we measure the net worth of a billionaire? The estimate is based on total asset value, including stakes in public and private...

Wealth of the World's Richest People vs GDP of Countries

Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50...

Top Vehicle Manufacturers in the US Market, 1961-2016

McDonald's and Subway are two of the world's largest international fast food restaurant chains. Each company possesses a strong brand and is an established name in the casual eating restaurant industry. With 44,805 locations worldwide, Subway beats out McDonald's as the largest global chain. McDonald's currently has 36,525 locations globally. So, what's behind this difference in global positioning? And, are the differences meaningful beyond number of restaurants? The most important general...

McDonald's vs Subway: Which Has the Bigger Restaurant Chain?

Bitcoin is one of the world's most popular digital currencies, meaning that it is exclusively created and held electronically. But, what do we actually know about digital currencies and the potential of these currencies to replace conventional money? Like conventional money, the major function of a digital currency is to serve as a means of payment, whether that is in exchange for goods or real currency, such as dollars and euros. In addition, similar to how a normal currency's exchange rate...

Bitcoin Price from 2009 to 2018

Global Firepower (GFP) provides a unique analytical display of data concerning today's world military powers. Over 100 world powers are considering in the ranking which allows for a broad spectrum of comparisons to be achieved concerning relative military strengths. The Global Firepower ranking is based strictly on each nations potential conventional war-making capabilities across land, sea and air. The nuclear capability is not taken into account. The final ranking also incorporates values...

Global Firepower - 2016 | Data and Charts

Since India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg was maintained until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This peg lasted until the U.S. dollar was devalued in 1971.

Rupee Devaluation Against the US Dollar, 1947 - Present

The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies. Calculation of PPPs is based on the assumption that the dollar cost for a Big Mac in a particular country would be the same as in the United States. The indicator is chosen by The Economist magazine, as a measure of PPP, is based on the fact that the ingredients used in the preparation of Big Mac are the same over the globe, and hence variation in dollar cost in...

The Big Mac Index

According to the latest BP Statistical Review of World Energy, total global reserves, by fossil fuel, are now: Coal - 1,139 billion tonnes Natural Gas - 187 trillion cubic meters Crude Oil - 1,707 billion barrels While these volumes may seem large at a glance, at today's level of extraction and production rates, BP's estimated proved reserves*, by fossil fuel, would be exhausted as follows: Coal - year 2169 Natural Gas - year 2068 Crude Oil - year 2066 BP dutifully acknowledges the...

BP: World Reserves of Fossil Fuels

No matter your opinion on the prospect of digital currencies replacing traditional fiat currencies, the fact is that central banks and investors now find themselves evaluating the benefits of and exposure to cryptocurrencies. Today we’re focusing on the market and environmental implications of the large power requirements to mine bitcoin tokens and conduct digital currency transactions in a fossil-fuel dominated world. According to estimates by Dutch bank ING, one bitcoin transaction typically...

Bitcoin Energy Requirements Climbing Even as Revenues Fall

There are 1,426 billionaires in the world this year. They are the wealthiest of the wealthy. But only 29 members of this elite list are under 40 years old, with that exciting combination of money and youth. Those 29 have a total of $119 billion between them. Ten come from the technology sector, including four from social networking giant Facebook .

Top 10 Youngest Billionaires 2013

Along with its cultural, leisure and recreational functions tourism contributes significantly (both directly and indirectly) to the world's economy and employment. It contributes to GDP even more than the automotive industry in all the regions throughout the globe: three times as much in Americas and two times as much in Europe, according to the World Travel & Tourism Council's 2017 research. In many countries tourism is the key source of jobs for their population. Thus, in Macau, one of...

Tourism

Food security is a situation in which all people of a country at any moment of time have physical and economic access to the amount of health and nutritious food enough to keep a healthy and active lifestyle. So, it is an ideal condition to which every country should continuously tend and this tendency should be the chief aim of national agricultural and economic policy. Since the policy should be based on something, measuring and collecting data on food security is the first step towards...

Food Security

During the second quarter of 2016, Apple sold 51.2 million iPhones worldwide. This is a decrease of 16.3 percent, or about 10 million units, compared to the same quarter in 2015. While all other major Apple products - iPhone, iPad, and iMac - likewise experienced negative year-on-year sales growth during the second quarter, the iPhone is uniquely critical to revenue growth for Apple, accounting for 78 percent of sales volume and 65 percent of sales value for the company. The bad news did not...

Apple iPhone Sales Worldwide

With its extensive business network, Sweden-based multinational retail-clothing company H&M has become one of the world's leading fashion companies. H&M had a total of 3,924 stores by the end of 2015, expanding its global reach to 61 countries across six continents including e-commerce in 23 of them. Last year the company added 16,000 employees to its roster of designers, pattern makers, buyers and other staff, increasing the total number of H&M employees to 148,000. The first...

H&M Locations Worldwide, 2008-2016

Since the 1950s, the BP Statistical Review of World Energy has delivered objective and globally consistent data on world energy markets. The publication has become a widely respected and authoritative publication in the field of energy economics, relied on by media outlets, academia, world governments, and energy companies alike. BP publishes a new edition each June and typically conducts a road show to launch the report in the months preceding the official release. The 2018 edition...

BP Statistical Review of World Energy, 2018

The 2017 Global Peace Index reflects the reality of war and peace today with Syria, Afghanistan, and Iraq ranking as the least peaceful countries of the 161 evaluated for the index. The United States experienced the greatest decline in the index since last year, slipping 11 places to rank 114th, directly following Armenia and Rwanda and preceding El Salvador and China. But, what’s in the index? The Global Peace Index is comprised of 23 indicators grouped into three broad themes: the level of...

The 2017 Global Peace Index

While mainstream media outlets globally may be focused on the relationship between climate change and extreme weather, crop performance, and infrastructure resilience, economists and business strategists alike are turning toward greener measures and outlooks of economic performance. The 2018 Global Green Economy Index (GGEI) by Dual Citizen LLC is one of several initiatives—others include the Green Growth Knowledge Platform and the UN Partnership for Action on Green Economy—working to...

Global Green Economy Index, 2018

Global motor-vehicles production continues to flactuate: dramatic decrease of growth rate in 2011 changed to slight upturn in 2012, which is yet significantly lower than it was in 2010. Western Europe keep on loosing its share in world automobiles production as car-producers tend to close their European plants becaure of overcapacity in Europe. Meanwhile Asia, preceded by China, gradually expands its gain, as well as North America, where vehicles production almost doubled during last 4 years....

Automotive industry outlook

The population of China currently exceeds the population of India by approximately 70 million, according to estimates from the United Nations. The UN's World Population Prospects report puts the population of China at 1.38 billion, compared to 1.31 billion for India. Other sources' estimates of current population range from 1.37 to 1.40 billion for China and from 1.28 to 1.31 billion for India. Just as current population estimates differ, so do forecasts as to when the difference in the...

When will India have more people than China?

Corporate growth strategies typically include some combination of deepening existing market penetration and new product and market development. New market entry through acquisitions, greenfield investment, joint venture or other forms are considered generally to be the most controllable ways to drive business growth. And, many emerging markets, such as Brazil, India, Argentina, with their growing middle-classes are attractive targets for these growth strategies. With the ever-increasing...

The Most Attractive Markets: Understanding China's Market Potential

The United States rank last in child income poverty, has the largest difference in P90/P10, and has the highest percentage of people living below 50% median income.

Income Distribution

According to Walk Free Foundation, there are an estimated 45.8 million people enslaved around the world. The countries with the highest numbers of enslaved people are India, China, Pakistan, Bangladesh, and Uzbekistan. Taken together, these countries account for 58% of enslaved people around the world. Modern slavery takes many forms and is known by many names: slavery, forced labor or human trafficking. Whatever term is used, the significant characteristic of all forms of modern slavery is...

Modern Slavery

During the last 10 years, a small group of emerging economies in Asia have supported the growth in total global steel production. While India and South Korea have contributed, production from China overwhelmingly leads globally. Accounting for half of global steel production, analysts worldwide monitor China's monthly production figures closely for signs of economic strength but also to gauge forward pricing expectations based on global demand and the production response of competing mills...

World Steel Production and Prices

During the first two months of 2019, 74,000 cases of measles were reported globally. A highly contagious, virus borne illness, measles is transmitted through the air, such as when an infected person sneezes or coughs. Of the cases in early 2019, nearly half occurred in January in the African island country of Madagascar (36,869 cases). The official figure for Madagascar in February was down to 10,328 new cases.Europe and South America have been largely spared from new measles cases in 2019....

Measles Outbreak 2019

According to World Bank Group, more than one fifth of the population of the developing world lives in extreme poverty, that is, lives with incomes below the threshold of $1.9 a day, constituting about 1.2 billion people. Although these disturbing figures, world has achieved impressive results in poverty reduction during the last 3 decades, even surpassing the expectations of the first Millennium Development Goal of reducing extreme poverty twofold: since 1981 the number of extremely poor people...

Poverty

Select the indicator and choose countries from the ranking lists to compare the countries

Global Firepower 2015

(October 2016) - Renewable energy resources have increasingly become mainstream energy soures worldwide, catapulted by new capacity in developing countries. Depending on the source, renewable energy has or is poised to surpass coal to become the world's largest source of electrical power capacity. The International Energy Agency (IEA) in its most recent medium-term renewable market report said that this transition occurred during 2015, while according to the latest energy outlook by the US...

Renewable Energy

Which is the world's largest economy, China or the United States? As is usual in the field of economics, “It depends.” It depends on the methods used to estimate the size of an economy and to compare one economy to another. Despite modern discussions on refining the calculation of gross domestic product (GDP), the standard measure of an economy’s size and performance, to be more inclusive of economic factors that have been ignored to date, such as environmental and natural resource depletion,...

The World's Largest Economy: China or the United States?

Smart speakers are the fastest-growing consumer technology today, outstripping augmented reality, virtual reality, and even wearables, according to Canalys, a global technology market analyst firm based in Singapore. Worldwide shipments of smart speakers grew to 78 million units in 2018, up 125 percent from 35 million in 2017. In the third quarter of 2018, 42 percent of smart speakers were shipped to the United States, making it the single most important market for smart speakers.Google and...

Smart Speakers Driving Consumer Tech Market

HUMAN DEVELOPEMENT INDEX (HDI) - is a composite index which includes health, education, income, livelihood security and other indicators. In other words, HDI is an indicator showig how successfull are achievenemts in three main fields of human development: healthy life, knowledge and decent standard of living. The chief aim of HDI is to provide nations with comprehensive measure of environment they provide for their people in terms of opportunites for personal fulfilment. The higher the HDI the...

Human Developement Index

New York with more then 8 million people (according to 2010 Census) is the largest city in the United States. Besides New York there are 8 US cities which population exceed 1 million persons: Los Angeles (CA), Chicago (IL), Houston (TX), Philadelphia (PA), Phoenix (AZ), San Antonio (TX), San Diego (CA) and Dallas (TX). Over 160 milion people live in 5000 largest cities of the US.

List of United States cities by population: Data, Map and Rank

Until the liberalisation of 1991, India was largely and intentionally isolated from the world markets, to protect its economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitative restrictions, while foreign direct investment (FDI) was restricted by upper-limit equity participation, restrictions on technology transfer, export obligations and government approvals; these approvals were needed for nearly 60% of new FDI in the industrial sector....

India Foreign Trade Analysis

The World Travel & Tourism Council (WTTC) is a forum for the travel and tourism industry - one of the world’s largest economic sectors, contributing trillions of dollars annually to the global economy, creating jobs and wealth, generating exports, boosting taxes and stimulating capital investment. WTCC is made up of members from the global business community and works with governments to raise awareness about the travel and tourism industry. It is known for being the only forum to represent...

Global Travel & Tourism Industry Statistics

According to the American Time Use Survey, Americans spend an average of 15 minutes daily playing games. That’s more time than Americans spend walking, grocery shopping, or managing their finances. The gaming industry is evolving rapidly. Every producer wants to involve as many users as possible and offers realistic graphics, new opportunities, and tasks to take advantage of the explosive growth in gaming interfaces made possible by the Internet and smartphones. Producers are also increasing...

Top 100 Countries by Game Revenues

The household debt balance in the United States reached a new all-time high of $13.3 trillion in the second quarter of 2018, according to the latest report from the Center for Microeconomic Data of the Federal Reserve Bank of New York. US household debt has risen continuously since 2013, now constituting 65 percent of US GDP and exceeding the 2008 pre-crisis level by nearly $475 billion. US household debt is indisputably large in absolute terms, now exceeding the GDP China, the world's...

Household Debt in the US

In November 2018, the United States exported a historic 2.6 million barrels of crude oil per day to become the world’s fifth largest exporter of crude oil. While the US is on track to maintain this historic volume of production during the next couple of years, the EIA in March tempered its February production growth forecast, issuing a 0.9 percent downward revision for 2019 and 1.3 percent revision for 2020. The current forecast predicts average 12.3 million b/d production this year and 13...

US Energy Agency Lowers US Oil Production Estimates for 2019-2020

In 1798, British economist Thomas Malthus created a theory - published in Essay on the Principle of Population - in accordance to which uncontrolled world population growth will inevitably lead to hunger. Malthus' primary assumption was that population grows geometrically while food production grows arithmetically. The most adequate solutions to the inevitable hunger, according to Malthus, include wars, natural disasters, and diseases. As we can see from official statistics, Malthus' fear was...

Was Thomas Malthus right?

Every day events around the world cause ripple effects that affect global, national, and local levels of economic and political uncertainty. Recent mainstream examples include US sanctions against Venezuela, Brexit, the partial US government shutdown, protests in France, and the US-China trade war. As uncertainty rises, we observe markets responding, whether you're tracking stock prices, commodity prices, or even interest rates. Today we have another more comprehensive measure available to...

Global Events and the Economic Policy Uncertainty Index

The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases. Last year Iraq’s export concentration index reached 0.97, driven by its export...

Export Concentration Index: A Measure of Economic Vulnerability

People in Honduras, Salvador, Jamaica, Venezuela, and Guatemala have the highest probability to be shot and killed. A comparison between the rate of homicide by firearms and socio-economic indicators shows a correlation between high rates of income inequality and higher rates of homicide by firearms. Countries with GINI coefficients exceeding 0.45 are at higher risk of homicide by firearm.

Crime Statistics: Gun Violence and Income Inequality

The Global Competitiveness Index (GCI) is a global study on the basis of which ranking of countries in terms of economic competitiveness in the world is formed. The World Economic Forum defines competitiveness as the ability of the country and its institutions to ensure stable economic growth, which would be stable in the medium term. GCI is determined by numerous and very diverse factors which were divided into three subindexes: Basic requirements, Efficiency enhancers, Innovation and...

Global Competitiveness

As of 2014, the global pharmaceutical market was worth about $1 trillion US dollars in sales and is expected to increase by US$300 billion within next two years. The ten largest companies with annual sales over $20 billion controlled over one-third of this market. The biggest pharmaceutical companies by sales according to the 2015 edition of Financial Times Global 500 companies are Jonhson & Johnson, Pfizer, Novartis, Roche, and Merck. First ranked company, Jonhson & Johnson, is...

Top Pharmaceutical Companies, 2015

The Economist has recently updated its famous “Big Mac Index” based on McDonald’s Big Mac prices, collected throughout the world. Now the cheapest burgers in US Dollar terms can be bought in Ukraine: for $1.2 only. The most expensive ones are being sold in Switzerland, where you should pay $7.54 for one burger. Big Mac Index shows, how much the national currency is “undervalued” or “overvalued” in relation to “fair” Big Mac price. In respond to the criticism that you would expect average...

The Big Mac Index update

Constantly increasing globalization and integration of the world, often emphasized in the modern times, is carried out mostly through merchandise trade. Nowadays, wide variety of goods are involved in merchandise trade, but traditional ones, such as fuels, mining products, machinery and transport still remain most tradable. International trade of services, including transport, tourism and financial services, is also gaining momentum headed by the US as the world leader in exports and imports of...

Foreign Trade

Precipitated by the steep decline in global oil prices, the non-OPEC* active rig count fell in June to a new multi-year low at roughly 1,600 rigs, a 46 percent decrease since the end of 2014. The severity of the decline in drilling activity varies among countries and producing regions. While the United States and other developed countries have decreased dramatically the number of active rigs throughout the first half of 2015, the total number of active rigs among OPEC members has remained...

Worldwide Oil and Gas Rig Count

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