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How the US Budget Deficit Affects Global Finance
The United States budget deficit, a persistent and often contentious feature of the nation's fiscal landscape, carries ramifications that extend far beyond domestic economic concerns. As the world's largest economy and issuer of the primary global reserve currency, the fiscal decisions made by the U...
United Real Estate Is the Third Fastest-Growing Agency in America
United® Real Estate (United) has experienced remarkable growth, outperforming most U.S. real estate companies over the past five years, as highlighted by the 2024 RealTrends Verified ranking. For the fourth consecutive year, United has secured a spot among the top 10 of the 500 largest real estate c...
Overview of the US Packaging Industry in 2024
The packaging industry in the United States stands as a pivotal component of the nation's economy, with its extensive reach spanning various sectors such as food and beverages, pharmaceuticals, cosmetics, and electronics. In 2024, the industry is estimated to have reached a substantial market size...
Understanding the Scale of New House Construction in the U.S.
The construction of new houses in the United States represents a significant segment of the national economy and the number of new houses built each year is a crucial indicator of economic health, reflecting consumer confidence, employment rates, and overall economic stability. In recent years, the...
Top Things Every Small Business Needs
Starting and running a small business can be a daunting task, especially for those who are new to the world of entrepreneurship. Despite the challenges, many small businesses thrive and grow into successful enterprises. To help small business owners navigate the complexities of starting and running...
Guide to US Stock Market Trading
Guide to US Stock Market Trading; The US stock market, a cornerstone of global finance, represents an intricate network of exchanges where equities of publicly traded companies are bought and sold. For those embarking on the journey of stock market trading, understanding its mechanics, key players...
The Tobacco Products Market in the States
The tobacco products market in the United States is a multifaceted sector, encompassing various products such as cigarettes, cigars, e-cigarettes, and smokeless tobacco. This market has historically been one of the most significant segments within the US economy, contributing substantially to tax re...
Who are the Top 5 Wealth Management Firms in the US?
Wealth management firms play a crucial role in the financial landscape of the United States. These firms offer a range of services including investment advice, estate planning, tax services, and retirement planning, tailored to meet the unique needs of high-net-worth individuals and families. In the...
The New York Stock Exchange: A Pillar of American Finance
The New York Stock Exchange (NYSE), often referred to as the "Big Board," is one of the oldest and most prestigious stock exchanges in the world. Founded on May 17, 1792, under the Buttonwood Agreement, the NYSE has evolved significantly over the centuries, adapting to the changing landscape of glob...
State of American Credit Card Debt in 2024
Credit card debt in the United States has reached unprecedented levels, with the total balance standing at $1.115 trillion as of the first quarter of 2024. This figure represents a significant increase from the previous quarter, which saw a total of $1.129 trillion. Despite this decrease, credit car...
The Outlook for the US Aircraft Industry in 2025 and Beyond
The global aircraft industry is poised for significant growth, driven by a resilient air transportation sector. In 2024, the number of flights globally is expected to reach 38.9 million, a steady increase since the early 2000s. Airbus forecasts that air traffic will more than double over the next 20...
List of Labor Unions in the United States
Labor unions have long played a significant role in shaping the labor landscape of the United States. These organizations advocate for workers' rights, aiming to improve wages, working conditions, and benefits through collective bargaining. The history of labor unions in the U.S. is rich with strugg...
United States Housing Market Overview
The United States housing market has always been a critical barometer of the country's economic health, reflecting broader financial trends and influencing a wide range of industries. In 2024, the housing market presents a complex landscape shaped by a myriad of factors including interest rates, dem...
Is Massachusetts or California the Best US State for Business?
When it comes to the best US state for business, Massachusetts and California are often at the forefront of discussions. Both states have unique strengths and challenges that make them attractive to businesses, but which one stands out as the superior choice? Massachusetts and California are both si...
The Global Consumer Market vs North America in 2024
The global consumer market is a vast and dynamic landscape, driven by diverse consumer behaviors and economic conditions. We look into the total size of the global consumer market and compare it to North America in 2024, examining key trends and statistics that shape these markets. Global Consumer M...
The Largest Cinemas and Theaters in the United States
The market revenue size of cinemas and theaters in the US is projected to reach $15.3 billion by end 2024, with a 6.1% CAGR decline from 2019 to 2024. The global cinema market is expected to grow at a 5.68% CAGR from 2024 to 2029, reaching $79.22 billion in 2024. The US movie market is forecasted to...
Government Stimulus in the US Economy: A Sector-by-Sector Analysis
The COVID-19 pandemic has had a profound impact on the global economy, necessitating unprecedented government interventions to mitigate its effects. In the United States, various sectors have received significant stimulus packages aimed at supporting businesses, individuals, and industries. Healt...
The Top US Banks by Number of Employees
The total number of employees in the U.S. banking sector has been declining, with over 17,000 job cuts reported by major banks in 2024. Citigroup, for instance, reduced its headcount by 1,000 to 239,000 employees in 2023 and plans to cut another 20,000 jobs over the next two years. Despite this, fin...
US Housing Market Predictions for 2024 and Beyond
The US housing market in 2024 is characterized by high home prices and elevated mortgage rates. According to the S&P CoreLogic Case-Shiller Index, home-price growth increased by 6.3% in April 2024. Existing-home sales have declined both month-over-month and year-over-year, with a 1.9% drop in April...
Why Are Wars Fought Over Oil and Gas?
The global oil and gas industry recorded revenues of $5,929.2 billion in 2023, with a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023. The industry is expected to continue growing, albeit slowly, driven by increasing demand for electric vehicles and expanding efficiency policies. Oi...
Current Economic and Financial Status of the USA in 2024
The economic and financial landscape of the United States in 2024 presents a complex and multifaceted picture, reflecting both resilience and challenges. As the world’s largest economy, the U.S. continues to play a pivotal role in global economic dynamics. This year has seen a mix of robust growth i...
The Stability of the US Dollar: An In-Depth Analysis
The stability of the US Dollar (USD) has been a cornerstone of the global economy for decades. This stability is not merely a function of economic policies but is underpinned by a myriad of factors that interplay to sustain its position as the world's primary reserve currency. Understanding these fa...
Understanding the Role of the Securities and Exchange Commission
The Securities and Exchange Commission (SEC) stands as one of the most crucial regulatory bodies in the United States. Established in 1934 in the wake of the Great Depression, its primary purpose is to restore and maintain investor confidence in the financial markets. The SEC's mission is threefold...
Future of US Manufacturing Sector in 2025 and Beyond
The US manufacturing sector, a critical component of the national economy, stands at the cusp of a significant transformation. As technological advancements continue to redefine industrial capabilities, the sector is poised to experience substantial growth and evolution in the coming years. We will...
Global Ecommerce Market Growth in 2024 and Future Growth Predictions
The landscape of global ecommerce has seen transformative changes over the past decade, and 2024 is shaping up to be another pivotal year. The growth trajectory of the ecommerce market continues to ascend, driven by technological advancements, shifting consumer behaviors, and expanding internet pene...
Understanding the Three Largest Stock Exchanges in the United States
In the intricate landscape of global finance, the United States stands out with its prominent stock exchanges, serving as the heartbeat of the nation's economic pulse. Among the myriad of exchanges, three stand as the giants, commanding attention and shaping financial trends: the New York Stock Exch...
The Most In-Demand Jobs in 2024 and 2025
Predicting the most in-demand jobs becomes crucial for job seekers, employers, and policymakers. In 2024 and 2025, several factors, including technological advancements, demographic shifts, and economic trends, will shape the US job market. This article explores the jobs expected to be most in deman...
The Best High-Interest Savings Accounts in US Banks
In personal finance, high-interest savings accounts have emerged as a critical tool for individuals seeking to maximize their returns on idle funds. These accounts not only provide a safe haven for savings but also offer competitive interest rates that can significantly boost the growth of one's fin...
Economic History of the United States and Government Regulations
The economic history of the United States is a complex tapestry woven from the threads of diverse influences, spanning centuries of development, innovation, and transformation. In the colonial era, the economy was predominantly agrarian, with early settlers relying heavily on farming, fishing, and t...
What Are Some of the Easiest Businesses to Start from Home
Starting a business from home has become an increasingly attractive option for many individuals, especially in the post-pandemic era where remote work has proven its viability. The low overhead costs, flexibility, and the ability to balance personal life with professional aspirations make home-based...