America is a middle-class nation, at least if you ask Americans. Gallup surveyed 1,009 adults if they were "upper class," "upper-middle class," "middle class," "working class" or "lower class."
Four years ago, during the last presidential campaign, the American economy was collapsing faster than it had since the Great Depression. Now, with the 2012 election upon us, most analysts agree that the economy is in a period of slow recovery—a bit too slow, according to just about everyone.
It is that time of year again, the time of year when auto dealers are desperately trying to rid themselves of the previous year’s models still taking up space on their lots so that they can make room for the new and improved editions on their way in from the manufacturers.
This, of course, benefits the consumer because there is a lot more room to “move and shake” with dealers in hopes of getting a sweet deal on a new ride. However, not every discounted model from the previous year is a good buy.
Fast food sales are on the decline in China, as many popular junk food retailers in that part of the world have reported puny earningsin the third quarter.
According to recent data from the U.S. Census Bureau, the national median household income level ($50,502) diminished for the second year in a row, falling to 8 percent below what it was before the economic downturn in 2007. This decrease was felt across the board, even in the country’s wealthiest areas.
The nation’s unemployment rate is currently stuck at 8.3 percent, but in some cities, it’s much lower. So if you’re okay with relocating, where should you start your job search?
