Economy
Where U.S. Inflation Hit the Hardest in March 2024
See this visualization first on the Voronoi app.
Where U.S. Inflation Hit the Hardest (March 2024)
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
The latest U.S. inflation figures were released in early April, revealing that the consumer price index (CPI) had risen by 3.5% in March 2024, on an annual basis. This is unfortunately higher than the 3.2% logged in February, showing once again how stubborn inflation has been post-pandemic.
To add context to these figures, we’ve visualized CPI categories that became significantly more expensive from March 2023 to March 2024. All figures come from the U.S. Bureau of Labor Statistics, which regularly posts CPI figures.
Data and Highlights
The data we used to create this graphic is listed in the table below.
Item | YoY Change (%) |
---|---|
📀 Video discs + other media | 30.1 |
🥤 Juice + drinks | 27.5 |
🚗 Motor vehicle insurance | 22.2 |
🔧 Repair of household items | 18 |
🏠 Home care of invalids + elderly | 14.2 |
🚗 Motor vehicle repair | 11.6 |
🥩 Beef roasts | 11.2 |
👶 Baby food + formula | 9.9 |
🐾 Veterinarian services | 9.6 |
⚖️ Legal services | 8.8 |
🏥 Outpatient hospital services | 8.3 |
📊 All items average | 3.5 |
Prices of “video discs and other media” rose by a substantial 30.1% year-over-year as of March 2024, highlighting rising demand for physical media such as vinyl records.
According to an article from The Guardian, U.S. vinyl sales rose 21.7% in the first half of 2023, driven by artists like Taylor Swift, Lana Del Rey, and Fleetwood Mac. Swift’s latest album, Midnights, sold nearly 500,000 vinyl copies throughout the entire year.
Another category that rose significantly was “juice and drinks”, at 27.5%. This rise in cost has been attributed to numerous factors including sugar shortages, increased transportation costs, and diseases affecting orange trees in Florida.
See more graphics on inflation
If you enjoyed this post, check out this graphic on inflation rates across the G20. For each country, we compared inflation rates in February 2024 to their COVID-19 peak.
Misc
The Top 25 Nationalities of U.S. Immigrants
Mexico is the largest source of immigrants to the U.S., with almost 11 million immigrants.
The Top 25 Nationalities of U.S. Immigrants
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
The United States is home to more than 46 million immigrants, constituting approximately 14% of its total population.
This graphic displays the top 25 countries of origin for U.S. immigrants, based on 2022 estimates. The data is sourced from the Migration Policy Institute (MPI), which analyzed information from the U.S. Census Bureau’s 2022 American Community Survey.
In this context, “immigrants” refer to individuals residing in the United States who were not U.S. citizens at birth.
Mexico Emerges as a Leading Source of Immigration
Mexico stands out as the largest contributor to U.S. immigration due to its geographical proximity and historical ties.
Various economic factors, including wage disparities and employment opportunities, motivate many Mexicans to seek better prospects north of the border.
Country | Region | # of Immigrants |
---|---|---|
🇲🇽 Mexico | Latin America & Caribbean | 10,678,502 |
🇮🇳 India | Asia | 2,839,618 |
🇨🇳 China | Asia | 2,217,894 |
🇵🇭 Philippines | Asia | 1,982,333 |
🇸🇻 El Salvador | Latin America & Caribbean | 1,407,622 |
🇻🇳 Vietnam | Asia | 1,331,192 |
🇨🇺 Cuba | Latin America & Caribbean | 1,312,510 |
🇩🇴 Dominican Republic | Latin America & Caribbean | 1,279,900 |
🇬🇹 Guatemala | Latin America & Caribbean | 1,148,543 |
🇰🇷 Korea | Asia | 1,045,100 |
🇨🇴 Colombia | Latin America & Caribbean | 928,053 |
🇭🇳 Honduras | Latin America & Caribbean | 843,774 |
🇨🇦 Canada | Northern America | 821,322 |
🇯🇲 Jamaica | Latin America & Caribbean | 804,775 |
🇭🇹 Haiti | Latin America & Caribbean | 730,780 |
🇬🇧 United Kingdom | Europe | 676,652 |
🇻🇪 Venezuela | Latin America & Caribbean | 667,664 |
🇧🇷 Brazil | Latin America & Caribbean | 618,525 |
🇩🇪 Germany | Europe | 537,484 |
🇪🇨 Ecuador | Latin America & Caribbean | 518,287 |
🇵🇪 Peru | Latin America & Caribbean | 471,988 |
🇳🇬 Nigeria | Africa | 448,405 |
🇺🇦 Ukraine | Europe | 427,163 |
🇮🇷 Iran | Middle East | 407,283 |
🇵🇰 Pakistan | Asia | 399,086 |
Rest of World | 11,637,634 | |
Total | 46,182,089 |
Mexicans are followed in this ranking by Indians, Chinese, and Filipinos, though most immigrants on this list come from countries in the Latin American and Caribbean region.
On the other hand, only three European countries are among the top sources of U.S. immigrants: the UK, Germany, and Ukraine.
Immigration continues to be a significant factor contributing to the overall growth of the U.S. population. Overall population growth has decelerated over the past decade primarily due to declining birth rates.
Between 2021 and 2022, the increase in the immigrant population accounted for 65% of the total population growth in the U.S., representing 912,000 individuals out of nearly 1.4 million.
If you enjoyed this post, be sure to check out Visualized: Why Do People Immigrate to the U.S.? This visualization shows the different reasons cited by new arrivals to America in 2021.
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