Hey Friends,
Just 3 fun facts for you today. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
67% of US 8th graders scored at a basic or better reading level in 2024, the lowest share since testing began in 1992.
Source: National Assessment of Educational Progress
Fun Fact 2:
The share of US credit card holders making only the minimum payment rose to 10.75% last year, the highest level on record with data going back to 2012.
Source: Federal Reserve Bank of Philadelphia
Fun Fact 3:
January saw a 37.5% increase in inventory when compared to last year. This data point was also up 22.2% when compared to what we saw last month. Months Supply of Inventory is currently at 4.4 months.
Source: Charlie Bilello
“Nothing is so permanent as a temporary government program.” – Milton Friedman
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
