Explore the consumption function's formula, its role in predicting economic trends, and its impact on income and consumer ...

Inthe first quarter of 2026, the nationwide per capita disposable income was 12,782 yuan, a nominal increase of 4.9% over the same period of the previous year, and a real increase of 4.0% after ...

Personal income increased $149.2 billion (0.6 percent at a monthly rate) in March, according to estimates released today by ...

Some U.S. states have sales tax rates as high as 10%. Other states impose no sales tax at all. Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but ...

Increasing income and wealth inequality has characterized the U.S. economy for several decades. While researchers differ on the extent of the increase and its causes, they no longer disagree on the ...

The 2020 CARES Act directed large cash payments to households. We analyze households’ spending responses using high-frequency transaction data from a Fintech non-profit, exploring heterogeneity by ...

Eight cities in the United States have implemented taxes on sugar-sweetened beverages, which contribute to health issues including obesity and Type 2 diabetes. New research from the University of ...