Tuesday's Assorted Links
Mexican food, airline mergers, financial situations, grocery expenses, and Ellis Island myths
Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:
About 1 in 10 restaurants in the United States serve Mexican food [Pew Research Center]
A federal judge blocked JetBlue Airways’ acquisition of Spirit Airlines because they believed it would increase fares and hurt consumers [CNBC]
A majority of Americans (63%) rate their financial situation as “good,” with another 19% saying “very good” [Axios]
A look at which states have the most expensive groceries [The Hill]
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The Misery Index, a simple yet informative economic measure combining unemployment and inflation rates, has been declining recently. This trend aligns with improvements in the job market and an important increase in real wages outpacing inflation, boosting consumer confidence. However, the recovery is not uniform across the board, emphasizing the need for empathy and a comprehensive understanding of the varied economic experiences in the U.S.
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