For several months in 2005 and 2006, the average personal savings rate dipped into negative territory for the first time since 1933.2This means that Americans spent all of their disposable income every month and still had to tap into savings or debt to make ends meet. Marginal Propensity Margina...
The average disposable personal income (DPI) in the United States is about $44,000 per household, according to the international Organisation for Economic Co-operation and Development (OECD). The DPI in the U.S is far higher than the average of $31,000 among the 36 nations surveyed by the...
According to theUnited States Census Bureau, commuters in the US spend an average of 26.1 minutes on one-way journeys. Commuters face much longer commute times in less developed countries compared to the US. Traveling such a distance is stressful and could lead to fatigue, not to mention the ...
Conversion rate is the percentage of people who visit your website and buy something. Theaverage ecommerce conversion ratefalls between 2.5% and 3%, but there’s always room for improvement. The higher this figure is, the more money you’ll make. UseShopify Analyticsto monitor how your site...
Average deal size Not every sale is a good one. A sustainable sales funnel brings in high-value customers who spend money again and again as opposed to making one purchase. A higher deal size also frees up more cash to spend on acquisition and lead nurturing. You’ll make back the cust...
Four-quarter or year-over-year growth rate: This compares a single quarter’s GDP from two successive years as a percentage. It is often used by businesses to offset the effects of seasonal variations. Annual average growth rate: This is the average of changes in each of the four quarters...
Chapter 7 bankruptcy is the fastest and most efficient form of individual consumer bankruptcy. The upside for those who go into Chapter 7 bankruptcy is that a host of serious debts, including credit card, medical, and personal loan bills can be discharged. By and large, that's what Chapter ...
China's average wage First-tier cities in China pay more on average (Beijing, Shanghai, Guangzhou, and Shenzhen). In 2020, China's per capita disposable income was estimated at 27,540 RMB. The average monthly salary for a worker in China is approximately 29,000 RMB. In China, wages may...
Find out the average salary in China. Also discover the top three industries to outsource to China, and the advantages of doing so.
This streamlines financial reporting and minimises data errors because you can get a real-time update on the latest customer acquisition, retention, and average account size numbers.Annual recurring revenue is a powerful indicator for success. Annual recurring revenue is a powerful indicator for ...