On any given day, Groundwork's analyses, op-eds, reports, and commentary are featured in leading publications and on the most influential news programs and podcasts.
Inspired by America’s original Sears Homes, Groundwork Collaborative introduces a direct-to-consumer approach to affordable, accessible homeownership.
Although ticket-selling platforms take a chunk of the profit from increased prices, performers rarely earn more even if consumers are paying higher prices. Nashville native, economist and author Lindsay Owens told The Tennessean there's a term for this split. "We're increasingly seeing what people like me refer to as a K-shaped economy, which is really just a story of the lower end of the market bottoming out, but the higher end of the market continuing to have a rapacious spending profile," Owens said.
Trump’s war in Iran drags on with no end in sight, while new tariffs have already hit supply chains
The thinktank Groundwork Collaborative noted that in 2024 in the U.S. "...prices for consumers rose by 3.4% over the past year, but input costs for producers increased by just 1%, according to the author's calculations, which were based on data from the Bureau of Economic Analysis and National Income and Product Accounts."
The cost of a typical list of 21 basic school supplies rose 7.7 percent year over year, bringing the average basket total to $173.45 per student, according to a report by the Century Foundation and Groundwork Collaborative, both of them progressive economic and public policy think tanks.
"A K-shaped economy is generally described as one economy with two different experiences, depending on your income," Breyon Williams, chief economist at the progressive think tank Groundwork Collaborative, said in an email. "Top-income households pull away, seeing faster growth in spending, income and wealth, while lower-income households see slower growth in those areas."
Michael Strain, AEI Economic Policy Studies director, and Kitty Richards, Groundwork Collaborative senior fellow and former Biden Treasury official, join 'Squawk Box' to discuss July's CPI data, state of the economy, the Fed's rate outlook, and more.
Two-thirds of workers say AI will damage the workplace, according to a poll from the Groundwork Collaborative, a progressive economic-policy think tank. The technology will either lead to layoffs or put more pressure on workers to produce more, the two-thirds said.
Among those who presented testimony at the hearing was Lindsay Owens, Groundwork Collaborative and author of the soon-to-be-released book, Gouged: The End of a Fair Price–and What That Means for Your Wallet; Robert Hedges, Former Chief Data Officer at Visa and Digital Fellow at MIT; and Hillary Caron of United Food and Commercial Workers International Union.
The average basket of 21 essential school supplies costs $173.45, a 7.7% increase from last year, according to an analysis by Groundwork Collaborative and The Century Foundation cited by Times of San Diego.