Census Bureau – MOSAEC

Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired

More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.

By Lydia DePillis

Budgets and Budgeting Bureau of Labor Statistics Census Census Bureau Polls and Public Opinion Statistics United States Economy

Reliability of U.S. Economic Data Is in Jeopardy, Study Finds

A report says new approaches and increased spending are needed to ensure that government statistics remain dependable and free of political influence.

By Ben Casselman

Bureau of Economic Analysis Bureau of Labor Statistics Census Bureau Consumer Price Index Federal Reserve System Inflation (Economics) Labor and Jobs Shutdowns (Institutional) United States Economy

One Casualty of a Shutdown: Government Data

A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.

By Ben Casselman

Census Bureau Health Insurance and Managed Care Income Inflation (Economics) Poverty Stimulus (Economic) Tax Credits, Deductions and Exemptions United States Economy

Poverty Rate Soared in 2022 as Aid Ended and Prices Rose

The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580.

By Ben Casselman and Lydia DePillis