Justin Fox

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Illegal U.S. Border Crossings Aren't Really Breaking Records

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Most of the people crossing the border illegally turn themselves in and apply for asylum.

California Mints Millionaires Faster Than They Can Leave

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New IRS data show the state's share of U.S. taxpayers making $1 million or more rose from 2019 to 2021.

U.S. Productivity Is On The Upswing Again. Will AI Supercharge It?

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Three straight quarters of strong growth have put productivity either back on trend or well above it.

Black Americans Gain No Ground On Income And Wealth

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Employment and life expectancy paint a more encouraging picture, but the racial quality-of-life gap remains immense.

Hooray, Connecticut Is No Longer The Richest State

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The the Nutmeg State has slipped into second--which may signal a welcome decline in regional inequality.

Low Taxes And High Spending Are A Rich Country Anomaly

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The potential role of tax revenue in closing federal budget deficits deserves more attention.

Home Prices Are Historically High Next To Rents. Don't Panic

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The ratio is well above the levels that preceded the last housing crash.

With Housing, Millennials Have Much To Complain About

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The standard metrics obscure just how unlikely it has become for young adults to own a home in the U.S.

New Jersey Is Getting The New York Area's Job Growth

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The Garden State has added jobs at a faster rate than the country since the beginning of the pandemic.

The Hottest Office Market In America Is…Midtown Manhattan?

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Yes, vacancy rates are up. But thanks in part to all those new buildings on the far West Side, so is overall occupancy.

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