Households

In a circular flow model, households are the source of consumption expenditures and land, labor and capital for businesses. Econlife looks at all of the activities of households that include spending, taxes, education, health care and income.

  • 16406_6.2_000013669809XSmall

    Housing Prices in the U.S. and Abroad

    Jun 2, 11 • 402 Views • No Comments

    We have a double dip in U.S. housing prices. But, is it happening everywhere? A Goldman Sachs research report from mid-May provided an OECD (Organization for Economic Cooperation and Development) summary. The most troubled: Struggling euro zone countries......  [read more]

  • 16402_5.31_000002909837XSmall

    Old and Young States

    May 31, 11 • 434 Views • No Comments

    Maine is an old state. At 42.7, the median age of Maine’s population is the highest in the U.S. The youngest state is Utah (large families and many children), with a median age of 29.2. Other “young states” include Texas and Alaska. And,......  [read more]

  • 16398_3.14_000009455162XSmall

    Road Building Results

    May 29, 11 • 384 Views • No Comments

    If extra road mileage is built, would you predict more or less traffic? The WSJ tells us that more roads led to additional driving from local residents, commercial traffic and people moving to the area. Public transportation did not influence driving......  [read more]

  • 16396_8.6_000011537286XSmall

    Job Matters

    May 28, 11 • 386 Views • No Comments

    Where do we work and how much do we earn? In the entire U.S., there are 2830 mathematicians, 3220 historians, and 225,450 fitness trainers and aerobic instructors. Employing 7.6 million, the largest occupational group is salespeople and cashiers. Here, you......  [read more]

  • 16394_5.27_000016044100XSmall

    Apple vs. Amazon in the Fight Over Gaga

    May 27, 11 • 434 Views • No Comments

    From a guest blogger, Frances Bird, AP econ student: Lady Gaga, America’s current pop queen sensation, is being used to boost Amazon sales, if not permanently, then temporarily. Amazon is using Lady Gaga’s recent album, Born This Way, to compete......  [read more]