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US paychecks growing…

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“ New economic data reveals Main Street strength as Americans see higher pay, while retail sales rose 3.3% and home purchases increased amid lower mortgage rates”





https://www.foxbusiness.com/economy/americans-paychecks-grow-stronger-main-street-shows-new-economic-strength


It's easy to get numbers like that if you average the trillionaires in with the rest of the population.

2 edits

This is the "economic data" used to come to the conclusion in the title:

https://www.foxbusiness.com/category/economic-indicators
https://www.foxbusiness.com/category/money

It's just a search on the fox website, not any kind of actual study. In fact this article is on the list as a reference for itself!

1 edit

@AThousandYoung said
This is the "economic data" used to come to the conclusion in the title:

https://www.foxbusiness.com/category/economic-indicators
https://www.foxbusiness.com/category/money

It's just a search on the fox website, not any kind of actual study. In fact this article is on the list as a reference for itself!
“Data from the Bureau of Labor Statistics to released last week shows average weekly earnings increased 1.42% after accounting for inflation from January through December 2025.

Retail spending rose 3.3% on a year-over-year basis in November and was up 0.6% from the prior month after October's data was revised to a 0.1% monthly decline, according to Census Bureau data released this week. ”

😂


@Mott-The-Hoople said
“Data from the Bureau of Labor Statistics to released last week shows average weekly earnings increased 1.42% after accounting for inflation from January through December 2025.

Retail spending rose 3.3% on a year-over-year basis in November and was up 0.6% from the prior month after October's data was revised to a 0.1% monthly decline, according to Census Bureau data released this week. ”

😂
There's no reference information to follow up


@AThousandYoung said
There's no reference information to follow up
BLS ans CB BOTH have the info...as stated in the article daayyyuuuummmm


@Mott-The-Hoople said
BLS ans CB BOTH have the info...as stated in the article daayyyuuuummmm
But I have no evidence that FOX has the info

2 edits

@Mott-The-Hoople said
“Data from the Bureau of Labor Statistics to released last week shows average weekly earnings increased 1.42% after accounting for inflation from January through December 2025.

Retail spending rose 3.3% on a year-over-year basis in November and was up 0.6% from the prior month after October's data was revised to a 0.1% monthly decline, according to Census Bureau data released this week. ”

😂
https://www.bls.gov/data/
https://data.census.gov/

I'm not seeing anything that justifies this title.

https://libguides.usask.ca/CriticalThinkingTutorial/HowReasoningFails/StatisticalMisrepresentation


@Mott-The-Hoople said
“ New economic data reveals Main Street strength as Americans see higher pay, while retail sales rose 3.3% and home purchases increased amid lower mortgage rates”





https://www.foxbusiness.com/economy/americans-paychecks-grow-stronger-main-street-shows-new-economic-strength
This doesn't sound too strong:

"The Bureau of Labor Statistics (BLS) reports that U.S. employers expanded payrolls by 50,000 jobs last month, falling at the low end of economists’ projections of between 50,000 and 73,000 jobs.
The December jobs report also notes that the U.S. economy saw 76,000 fewer jobs added than previously reported for October and November combined.
These results cap off a year of cooling in the labor market. Employers added about 584,000 jobs in 2025, marking the lowest yearly addition since 2003. In 2024, employment increased by around 2 million."

https://www.roberthalf.com/us/en/insights/research/december-2025-jobs-report-employers-add-50000-jobs


@AThousandYoung said
https://www.bls.gov/data/
https://data.census.gov/

I'm not seeing anything that justifies this title.

https://libguides.usask.ca/CriticalThinkingTutorial/HowReasoningFails/StatisticalMisrepresentation
This report (https://www.bls.gov/news.release/realer.t01.htm) says Real Average Hourly and Weekly earnings rose 1.1% in 2025.

Not sure if it's always been BLS policy to use "average" rather than "mean" in this report.


@Mott-The-Hoople said
“ New economic data reveals Main Street strength as Americans see higher pay, while retail sales rose 3.3% and home purchases increased amid lower mortgage rates”





https://www.foxbusiness.com/economy/americans-paychecks-grow-stronger-main-street-shows-new-economic-strength
More Faux news data. 😆

Main Street strength as Americans see higher pay

It's most likely the 2.8% cola increase for retirees Social Security retirement checks.

Oh brother... lol.... What an idiot.
🙄 😏


@no1marauder said
This doesn't sound too strong:

"The Bureau of Labor Statistics (BLS) reports that U.S. employers expanded payrolls by 50,000 jobs last month, falling at the low end of economists’ projections of between 50,000 and 73,000 jobs.
The December jobs report also notes that the U.S. economy saw 76,000 fewer jobs added than previously reported for October and November combine ...[text shortened]... ttps://www.roberthalf.com/us/en/insights/research/december-2025-jobs-report-employers-add-50000-jobs
of course it doesnt...LMFAO

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@no1marauder said
This report (https://www.bls.gov/news.release/realer.t01.htm) says Real Average Hourly and Weekly earnings rose 1.1% in 2025.

Not sure if it's always been BLS policy to use "average" rather than "mean" in this report.
I still struggle with the difference sometimes. There's also "median".


@AThousandYoung said
I still struggle with the difference sometimes. There's also "median".
My bad. I meant to say "median"; "mean' is the same thing as "average".

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@AThousandYoung said
I still struggle with the difference sometimes. There's also "median".
Median gets rid of the distortion very high outliers have on the mean. It's literally the middle value and can give a more accurate idea of what's happening to the average (mean) value because the impact of high end values are ignored.

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