Economic Indicator |
1996 |
2004 |
Job Growth |
||
Average monthly payroll growth (Jan-May) |
233,000 |
238,000 |
Number of manufacturing jobs created (Jan-May) |
15,000 |
91,000 |
Average number of individuals working part time due to economic reasons (First term) |
5 million |
4.3 million |
Number of individuals working part time because they could only find part time work May |
1.725 million |
1.467 million |
Jan-May average |
1.6 million |
1.4 million |
First term average |
2 million |
1.2 million |
Percent of new jobs paying Above the median average (Jan-June) |
60% |
60% |
Below the median average (Jan-June) |
40% |
40% |
Unemployment |
||
Unemployment May |
5.6% |
5.6% |
Jan-May average |
5.6% |
5.6% |
Unemployment rate for African Americans |
10.2% |
9.9% |
Unemployment rate for Hispanics |
9.6% |
7.0% |
Broadest measure of unemployment (U6, seasonally adjusted) May |
9.7% |
9.7% |
Jan-May average |
9.8% |
9.7% |
Of those unemployed, percent unemployed less than 5 weeks First term average |
36% |
36% |
Jan-May average |
36% |
32% |
Of those unemployed, percent unemployed 5-14 weeks First term average |
31% |
31% |
Jan-May average |
31% |
29% |
Of those unemployed, percent unemployed 15-26 weeks First term average |
15% |
16% |
Jan-May average |
15% |
16% |
Economy |
||
Debt as a percentage of GDP |
48.5% |
38.6% |
Average monthly inflation (First term) |
2.8% |
2.2% |
Average GDP over most recent three quarters |
3.1% |
5.6% |
Increase in real per capita after taxes |
$980 |
$1,900 |
Stock Ownership Percent of all Americans |
41% (1995) |
49.5% (2002) |
Households |
40.6 million |
52.7 million |
Individuals |
69.3 million |
84.3 million |
Consumer Sentiment (June) Sentiment |
92.4 |
95.2 |
Consumer Conditions |
105.4 |
108.1 |
Expectations |
84.0 |
86.9 |
Rate of bankruptcy filings.
|
17.9%
|
2.8%
|
Consumer credit as a share of household debt First term average |
21.4% |
22.8% |
First quarter |
23.4% |
21.2% |
Percent of high school graduates who enroll in college |
62% |
64% |
Percent of population who achieved bachelors degree |
15.8% |
17.7% (2002) |
Homeownership |
||
Homeownership rate (first quarter) |
65.1% |
68.6% |
Housing Affordability Index (first quarter) |
131.5 |
144.1 |
Quality of Life |
||
Food Stamps program |
||
Number of participating households (March) |
10.7 million |
10.3 million |
Number of participating individuals (March) |
25.9 million |
23.8 million |
Number of Americans without health insurance Number of uninsured |
41.7 million uninsured (1996) |
43.6 million uninsured, (2002) |
Percent of population |
15.6% |
15.2% |
Average annual household expenditure for food away from home (constant 2002 dollars) |
$2,240 per household or $877 per person (1998) |
$2,276 per household or $910 per person (2002) |
Number of cruise passengers (50% of whom earn between $20,000 and $59,000) |
4.7 million |
8.2 million |
Percent of new one family homes with more than 2,000 square feet of floor-area. |
48% |
57% (2003) |
Charitable giving |
$ 150.7 billion |
$241 billion (70% of households) |