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Oil prices are rising and the worst of the downturn appears to be over. After two years of spending cuts, 2017 could mark the first time in several years that spending levels across the oil and gas industry increase. Comment?
However, certain areas are faring much better than the typical US city. Take Washington, DC, where the median household income is 40% above the national average, at $87,611. Comment?
In a May 2016 report , the Pew Research Center found that between 2000 and 2014, the share of upper-income adults increased in 172 of the 229 US metro areas it analyzed. The report also highlighted the 10 areas with the largest upper-income populations, which were mostly in the northeast region or on the California coast. Comment?
A Pew Research Center analysis of Census Bureau data looked at the state of the middle class in America's metropolitan areas. Pew defined "middle-income" households as those whose income fell between two-thirds and twice the national median household income, adjusted for household size and for the local cost of living in each metro area. Comment?
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