Credit: Pew Research Center

The average size of the American household has steadily declined since the 1850s, but new Census Bureau data shows the number of people residing in households has grown 6% since 2010, according to the Pew Research Center.

Why it matters: The upcoming decade is likely be the first to break a 160-year trend of smaller average U.S. households. "The increase in household size is significant because it could have implications for national economic growth," Pew writes. "Rising household size reduces the demand for housing, resulting in less residential construction and less demand for home appliances and furniture."

Yes, but: The increase in household size is beneficial for the household itself, if its additional members are working adults who can contribute to the overall income.

By the numbers: "In 2018 there were 2.63 people per household," writes Pew. That's up from 2.58 in 2010.

  • Since 2010, household populations have grown 6% and the number of households has increased more slowly at 4%.
  • By 2016, 20% of Americans were living in a multigenerational home, compared to 12% in the 1980s.
  • In 2019, 20% of house households are shared, compared to 17% in 2017. More Americans have opted for a shared household following the Great Recession.

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Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

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Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.