Life Style
    August 31, 2022

    Sporrans

    Life Style

    Providing Life Style in the United States of America in 2022

    In United States, people spend about 2 hours per day sleeping, while they spend only 1 hour per day doing exercise. People spend about 5 hours per day watching TV, while they spend only 4 hours per day eating food. In addition, people spend about 6 hours per day using a computer, while they spend only 5 hours per day talking with friends.

    Health care system in United states in 2022

    In United States, health care spending accounts for 17% of GDP. There are about 150 physicians per 100,000 population.

    Education system in united states in 2022

    In United States, the total number of students enrolled in public schools was about 42 million. The average class size is about 30 students. There were about 8 million students enrolled in private schools.

    Economy in United states in 2022-2023

    The unemployment rate was about 4.9%. The inflation rate was about 2.8%. Real gross domestic product (GDP) growth was about 0.8%.

    1. United States economy is expected to grow at 2.9% per year between 2019 and 2023.
    2. In 2020, the unemployment rate is projected to drop to 4.4%.
    3. By 2021, the number of people working in the U.S.
    4. Between 2018 and 2023, the average hourly wage is expected to rise by 5.0%.
    5. In 2020, the GDP is expected to reach $21 trillion.
    6. In 2024, the total debt of the federal government is expected to reach $26 trillion.
    7. In 2025, the population of the U.S. reaches 323 million.
    8. In 2027, the population of the state of California grows to 38.9 million.
    9. In 2028, the population of the city of Los Angeles increases to 10.1 million.
    10. In 2030, the population of the county of San Diego increases to 6.5 million.
    11. In 2031, the population of the country of Canada increases to 35.7 million.
    12. In 2032, the population of the province of Ontario increases to 13.2 million.
    13. In 2033, the population of the region of New York City increases to 8.3 million.
    14. In 2034, the population of the area of Washington D.C. increases to 9.2 million.

    Housing market in united states in 2022–2023

    About half of households owned their own home. Home prices increased by about $10,000 between 2010 and 2015.

    Mortgage Rates Outlook

    Mortgage rates are expected to gradually increase over the forecast period. Freddie Mac reported that the 30-year fixed rate averaged 4.94 percent in April 2019, up from 4.80 percent in March 2019. Additionally, the 15-year fixed rate averaged 3.71 percent, up from 3.65 percent in March 2019. These increases reflect higher demand for mortgages and tighter lending standards.

    Housing Market Outlook

    The housing market in the United States is expected to reach $8 trillion in value by 2022. Of course, this number is not set in stone, but rather a projection based on current trends. In fact, the U.S. real estate market is projected to increase at a rate of 6% per year until 2022. This means that the total value of homes in the country will rise from $9.2 trillion in 2017 to $10.2 trillion in 2018, $11.3 trillion in 2019, $12.5 trillion in 2020, and $13.8 trillion in 2021, and $14.9 trillion in 2022.

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