Poverty increased sharply in the last year in the US, new data published by the Census Bureau on Tuesday (September 12) has shown. The rising cost of living and the government pulling the plug on federal programmes that provided aid to families during the pandemic were cited as a few of the many reasons that contributed to increased poverty, particularly among children.

Poverty rate increased in the US in 2022: Census Bureau

The US services industry activity has unexpectedly picked up last month. Economy continues to create jobs last month and wage growth is accelerating.

World Business Watch | US services sector activity unexpectedly accelerates in November

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Poverty rate increased in the US in 2022: Census Bureau

World Business Watch | US services sector activity unexpectedly accelerates in November