Sentences with phrase «average household income growth»

Not exact matches

Both have large populations and the growth to accompany it, lots of corporate offices, and do better than average by household income and number of high - earners.

NerdWallet's 2017 household debt study shows that several major spending categories have outpaced income growth over the past decade; many Americans are putting medical expenses on credit cards; and the average indebted household is paying hundreds of dollars in credit card interest each year.

If we assume that disposable household income is currently half of GDP, eight years of real GDP growth of 6.9 % and real disposable household income growth of 7.7 % will only raise the household income share of GDP to 53.1 % in 2023, a little more than 3 percentage points higher and still below its 21st Century average and leaving China as dependent as ever on investment and the current account surplus.

The weakness in household income has been largely a result of firms» efforts to restrain average wages growth by substituting part - time for full - time workers.

A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

For Midland County, population 135,000, that means income growth of 35 percent between 2006 and 2011 and more than 12 percent of households earning $ 150,000 or more a year, although the number of patents granted (18) was distinctly below average.

According to MoneySense's data manager Phil Froats, the big reasons why Bay Roberts, Williams Lake, B.C., Port Alberni, B.C. and the rest of the sad sack lot are at the bottom is because of high unemployment, low average household income, negative population growth rates, a dismal culture industry and, for the most part, high crime.

In contrast, households in the bottom quintile experienced an average growth of about 1 percent per year in their inflation - adjusted after - tax income over the same period, making that income 46 percent higher in 2013 than it was in 1979, CBO estimates.

In contrast, households in the bottom quintile experienced inflation - adjusted after - tax income growth of 1.2 percent per year, on average.

It has healthy household incomes and its 8.3 % unemployment rate (close to the national average) is on a downward trend, mainly because Guelph has rolled out an Economic Development and Tourism Strategy, encouraging growth in key sectors such as the life sciences, biotechnology, agri - food firms, environmental and high - tech.

Other pertinent factors for Edens & Avant include buying centers in areas with strong population growth, above - average household incomes and a healthy economic environment.

Household Finance Median household income expectations fell slightly from last month's median expected growth of 2.9 percent to 2.8 percent, still well above its average reading since June 2013.

Median expected household income growth fell slightly compared to last month (from 2.3 percent to 2.2 percent), remaining well below its 2015 average of 2.7 percent and reaching a value not seen since the summer of 2014.

«Though the main long - term drivers of housing activity remain stalled — namely below average growth in median household income, labor force participation, bank lending and household formation — metro markets continue to get a boost from pent - up demand caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.

ROIC focuses exclusively on investing in densely populated metro markets with above - average household income and solid employment growth.