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Mobility Rate Falls to New Low in 2016

Friday, February 9, 2018

The geographic mobility rate fell to a new all-time low in 2017, according to the Census Bureau. Only 11.0% of U.S. residents aged one or older as of March 2017 had moved in the previous 12 months. Not since 1960 have so few people moved (35 million).

Among people living in owned homes, 5.5% moved from one house to another between 2016 and 2017, above the all-time low of 4.7% recorded in 2011 and 2012. Among people living in rented homes, the mobility rate fell to a new all-time low of 21.7% in 2017.

Mobility Rate in 2017

Total US: 11.0%
Owners: 5.5%
Renters: 21.7%

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2018 Holiday Sales Grew 2.9 Percent

Tuesday, February 19, 2019

Holiday retail sales during 2018 grew a lower-than-expected 2.9% over the same period in 2017 to $707.5 billion, the National Retail Federation (NRF) said after the Commerce Department released data that had been delayed by nearly a month because of the...

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Solana Collection

Tuesday, February 19, 2019

Inspired by the charming seaside city of Solana Beach, this Sunset West collection offers a rich, dark chocolate weave that is elegant and sophisticated....

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