Random numbers..

usta in Portland

Daily Driver
from around the economy

1) Black Friday sales increased by over 8% from last year to around $11B

2) 1 in 3 Americans live at or below an income level of 150% of the official poverty level of about $23,000 for a family of 4

3) American savings rate has declined this year from a high of 5% to 4% as a result of uptick in non-mortgage consumer credit.

4) Mortgage rates are at an all time low

5) 2/5 of the world's non-industrial diamonds are bought by Americans.

6) Unleaded fuel has been between $3 and $4 for all of 2011

7) The two largest selling vehicles in America are the Ford F-150 and the Chevy Silverado

8) American GDP for 2011 will be about $15.2T and China's will be about $10.3T

9) Half of all imports into the USA are in the form of intra-firm tranfers of parts and raw material from a company's foreign subsidiary or division to its USA partner.

10) Youth unemployment in Spain is 46% and overall unemployment is over 22%

11) 86% of all goods and services in the USA are of domestic origin.

12) Of the 183 recognized national economies in the world only 17 have GDP which exceeds the on-the-books US defence budget.
 
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