Census data shows US poverty rate drops to lowest on record, but experts are cautious

The official poverty rate in the United States dipped slightly by half a percentage point last year to a historic low of 10.2%, according to U.S. Census Bureau data released Tuesday. The supplemental poverty rate, a more holistic figure that includes an individual’s non-cash resources, remained essentially unchanged at 13.1%, according to the bureau’s annual […]
READ NEXT
More on the wire
FROM THE PUBLISHER
The number of international travelers visiting New Mexico increased in 2025, deviating from the national trend, the New Mexico Tourism Department said in a news release Wednesday. An estimated 760,000 international travelers visited the state last year, an approximate 1.1% increase over the prior year, according to a report published by travel research firm Tourism […]
FROM THE PUBLISHER
The New Mexico State Ethics Commission on Wednesday said that the tech giant Oracle spent more than $3.4 million in recent months on advertisements meant to influence the New Mexico Environment Department’s air quality permitting process for the Project Jupiter data center. The commission said it was “likely the largest lobbying advertising campaign ever disclosed in New Mexico."
FROM THE PUBLISHER
WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]