The average American is carrying more debt than ever. According to the 2004 Survey of Consumer Finances, the percentage of families holding debt rose from 72.3 percent in 1989 to 76.4 percent in 2004. Among families holding debt, the median value of the debt more than doubled during that time from $22,000 to $55,300 (in 2004 dollars). These numbers reflect both a rise in collateralized debt (e.g., mortgages) and uncollateralized debt (e.g., credit cards). During the same period, median family income increased by only 12.8 percent to $43,100. This shift toward more debt appears to have long-term ramifications for the US economy, as evidenced by the growing number of personal bankruptcies over recent decades. Perhaps playing a role in this rise is the increase in debt accumulated via cred...
BECKLEY - West Virginia, a state that conjures up memories of wooded valleys, streams, rivers, lakes and lush fields, is also a land of desert - not a hot, dry expanse, but instead areas with extensive droughts in regard to food access. According to the USDA, a "food desert" is a "low-income census tract where a substantial number or share of residents has low access to a supermarket or large grocery store." This is defined as communities with a poverty rate of 20 percent or higher or a median family income at or below 80 percent of the area's median family income or a community with one-third of its population more than a mile (or 10 miles in a rural area) from a supermarket or grocery store.
The governor of Maine should be paid three times as much as the state's median family income, a legislative panel decided Monday. A majority of the members of the State and Local Government Committee voted in support of a bill that would raise the governor's salary from $70,000 a year to about $150,000. Maine's governor is now the country's lowest-paid governor. We're not really saying anything other than we think our governor is underpaid for what he is doing," said Rep. George Bishop, R-Boothbay.
Careful, brick-by-brick demolition of the West Hotel in Old Town Chinatown will begin in July to make way for a newly designed building at 125 N.W. Sixth Avenue. Designed by LRS Architects, the 30,754-square-foot structure will provide affordable housing in 42 studio apartments for individuals making 60 percent of median family income or less. The ground floor will accommodate an expansion for the Macdonald Center, a local nonprofit that has offices next door, at 605 N.W. Couch St.
Bloomberg's Businessweek.com has ranked Blacksburg atop its nationwide list of the best places to raise children. The list was compiled after Businessweek.com studied more than 4,000 areas with crime indexes at less than 10percent above the national average, populations between 1,000 and 50,000, and a median family income within 20percent of the state median.
The effect of the recession in Utah, at least in 2008, was maybe a bit different than expected. It did not create more poverty in Utah. The median family income even managed to go up 4.5 percent. But food stamp usage appears to have really shot up. And times appeared to be far tougher for minorities than whites.
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
Corte Internacional de La Haya | Norah Niland | Lotta Lundin | cases head money | Bill Spooner | Or | falsedad en documento mercantil | socialdemocracia concepto | gremio de porto alegre | ciencias sociales definicion
