As reported today, the ten-year treasury constant maturity rate stood at 2.42% as of October 27th, 2011. This rate hovered around the 5% mark prior to the recession of 2008. After attaining an all time low of 1.72% in the middle of September 2011, it is now increasing very slowly.
From the St. Louis Federal Reserve, reported by Disha Bheda.
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Here’s some good news and it’s hard to believe, but we are consuming less gasoline. Lester Brown with a nice data trend about US gasoline consumption. I would bet that on a per person basis, the decline is even greater.
Between 1947 and 1979 income for all income quintiles increased in fairly tight formation–the rising tide lifting all boats. However, starting in 1980 things began shifting dramatically. The top 1% of earners saw their income rise 261% while everyone else barely increased at all. Even the 19% below the top 1%, wealthy people by most measures, only gained 31% during those 27 years. For more recent data, see our data on 2011 income percentiles.
