What Do Americans Spend the Most Money On?

Consumer spending is the fuel running the engine of the American economy. According to Investopedia, consumer spending accounts for a massive 70% of economic activity in the U.S. This means that trends in spending can exert a profound impact on the economic health of the United States as well as American businesses and households. Americans opened their wallet to the tune of $14.5 trillion in purchases in just the first quarter of 2020. And this massive sum was spent at the start of a year which would ultimately be distinguished by a dramatic pandemic-related downturn in spending. But where is all this money going exactly? What do Americans spend the most on? From big ticket items and long-term saving goals to daily living expenses and recreational experiences, where do Americans put their money? And how have these habits been impacted by the pandemic?

11 min read

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cost of good health

The Cost of Good Health

The cost of good health is well into the thousands of dollars per year once you consider factors like healthy food, supplement spending, fitness spending, health insurance costs, and the costs of healthcare.

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Health and income

Health and Wealth: The Health of the Top Earners in America vs. Everyone Else

Can money buy better health? Not directly, maybe—yet research findings suggest that Americans with the highest income rates are also more likely to report better health status and achieve a longer life expectancy compared to low-income families. How pronounced is the difference in health outcomes between the ultra-wealthy and the rest of us? What factors […]

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supplements compete with the pharmaceutical industry

Is Big Pharma Losing Business to the Supplement Industry?

Is the supplement industry stealing business from pharmaceutical companies? To better understand the competition and connections between these industries, we looked at market size and growth, the results of scientific research, and current trends and future projections in the pharmaceutical and supplement industries.

18 min read

Recession Proof Jobs 2023–Part II

In part two of our look at recession-proof jobs, we take a closer look at some ominous economic storm clouds ahead. Then we tell you about 10 more jobs that might help you weather the storm.

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improve the pharmaceutical industry

How the Pharmaceutical Industry Needs to Improve

There are always opportunities for the pharmaceutical industry to do more—whether that means boosting value for shareholders, improving access to much-needed medicines in emerging markets around the world, or developing cutting-edge new drugs to cure, treat, manage, or prevent serious medical conditions. With these opportunities in mind, we asked a simple question with complex answers: how can the pharmaceutical industry be improved?

21 min read