Sunday, January 3, 2021

Did You Know? 1-3-2021


DID YOU KNOW? Americans grew their personal savings by 173% year-on-year between March and November last year, as disposable incomes ballooned by $1 trillion and household spending tumbled by $535 billion. Economist Paul Krugman forecasts a dramatic and sustained period of economic growth ahead of us. (NY TIMES)

DID YOU KNOW? America’s 651 billionaires collectively grew their net worth a cool $1 trillion, going from $2.95 trillion to $4 trillion, a 36% bump.

DID YOU KNOW? Even after offices reopen on a large scale, many employees will likely go in only a few days a week and a large share will have the flexibility to travel at off-peak times, according to recent surveys. Fewer cars on the road during rush hour would mean less traffic congestion. (WSJ)

DID YOU KNOW? Tesla produced about 1,500 cars in 2010. In 2020 it produced just shy of 500,000.

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