Graphic

/Graphic

Small Differences in Education Drive Large Income Gaps Among States

Yes, those states with the highest education levels do tend to have the highest average incomes. In fact, the relationship is remarkably strong and consistent across the 50 states. Our pic-of-the-week shows the relationship between per capita income and the average number of years of schooling across the states in 2013. As you might suspect, the traditional [...]

By |2015-02-08T19:18:04+00:00February 8th, 2015|Graphic, Pic of the Week, Uncategorized|Comments Off on Small Differences in Education Drive Large Income Gaps Among States

Yes, the U.S. Has Nearly Single-Handedly Tilted Global Crude Markets

Is the U.S. the only major crude producer with large production gains that are driving crude prices? The short answer is, yes. Since early 2009, more than half of the net gain in worldwide petroleum production is attributable solely to domestic U.S. gains. As our pic of the week shows, total worldwide petroleum production – which includes crude oil, liquids, [...]

By |2015-02-01T18:07:47+00:00February 1st, 2015|Graphic, Pic of the Week, Uncategorized|Comments Off on Yes, the U.S. Has Nearly Single-Handedly Tilted Global Crude Markets

Crude Oil Inventories Still Weighing Heavily on Oil Prices

Oil is trying hard to bottom near $50/barrel, but inventory build-ups keep getting in the way. Our pic-of-the-week shows weekly commercial crude oil inventories in the U.S. and they keep getting larger and larger. Crude in storage managed to post an all-time high of 425.6 million barrels last week. Not only does this extend the uptrend but [...]

By |2015-02-24T16:23:19+00:00February 24th, 2015|Graphic, Pic of the Week, Uncategorized|Comments Off on Crude Oil Inventories Still Weighing Heavily on Oil Prices

The Energy States – 1982 vs. 2013 (12/08/2014)

Just how big is the current oil boom relative to 1982? In short, not far behind for most of the energy states. Our last pic-of-the-week showed the share of total state earnings derived directly from the oil and gas sector. Requests quickly came in for a comparison of current conditions to those of 1982. This week’s pic answers [...]

By |2014-12-08T12:59:58+00:00December 8th, 2014|Graphic, Pic of the Week, Uncategorized|Comments Off on The Energy States – 1982 vs. 2013 (12/08/2014)

Yes, Falling Gasoline Prices Can Easily Sway Overall Retail Activity

The string of weak retail sales reports in the first four months of 2015 are not an indication of slowing overall economic activity. Instead, recent weakness in the retail data merely reflects the steep fall in sales at gasoline stations since November 2014. In our pic-of-the-week, retail sales minus gasoline station sales continues to show a very steady uptrend, even in [...]

By |2015-05-14T15:00:43+00:00May 14th, 2015|Graphic, Pic of the Week, Uncategorized|Comments Off on Yes, Falling Gasoline Prices Can Easily Sway Overall Retail Activity