See this visualization first on the Voronoi app. Chart: Is America Experiencing a Hiring Freeze? 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. Monthly job gains sharply declined over the first half of 2025. The U.S. unemployment rate is nearing a four-year high at just over 4%. Many major companies have paused hiring or issued layoffs amid economic uncertainty. Since the post-pandemic economic recovery began, the U.S. labor market has been a pillar of strength. But new data from the Bureau of Labor Statistics (BLS) suggests that momentum may be stalling. According to this recent chart by Statista, job growth in the U.S. has tapered off dramatically, and the unemployment rate is trending up. Below, we break down the chart and the broader context behind these concerning labor market signals. A Look at Recent Employment Numbers Job creation has slowed significantly since 2021, when the economy was regularly adding over 600,000 jobs per month. In 2025, many months are hovering just above zero. Thousands of jobs (1-Month Net Change)202020212022202320242025 Jan236365225444119111 Feb261509869306222102 Mar-139782447185246120 Apr-20471365305216118158 May261642124122719319 Jun463179646125787-13 Jul15849316961488879 Aug15644872371577122 Sep951466227158240 Oct69185740018644 Nov270637297141261 Dec-183575126269323 The most recent BLS data shows that the U.S. added only 22,000 jobs in the last reported month, while the unemployment rate climbed to 4.1%—its highest level since 2021. As well, BLS reports that nearly two million people in America were long-term unemployed (jobless for 27-plus weeks) — almost double the number of people recorded in early 2023. Why Is Job Growth Slowing? There are several factors contributing to this stagnation. First, interest rates remain high, limiting corporate borrowing and investment. Second, multiple major companies—including Google, Amazon, and UPS—have announced significant layoffs in 2024 and 2025, as documented in this running list of layoffs. And third, businesses appear to be growing more cautious in the face of a potential economic slowdown. According to recent reporting from AP News, industries like tech, finance, and logistics have all seen reduced hiring or workforce reductions. Even as job openings remain high in some sectors, companies are taking longer to fill roles or withdrawing postings entirely. Is the U.S. Entering a Hiring Freeze? While the term “hiring freeze” may sound dramatic, it reflects a broader truth: businesses are hitting pause. The three-month moving average of job gains is trending downward, and job creation is no longer enough to meaningfully lower unemployment. This is a sharp reversal from the 2021–2022 labor market boom, and suggests that more workers may soon find it harder to secure employment. For context, states like California and Nevada are already seeing above-average unemployment rates, as shown in this state-by-state breakdown. Learn More on the Voronoi App Explore this related chart on Voronoi: Unemployment Rates in OECD Countries

See this visualization first on the Voronoi app. Use This Visualization Corporate Penalties Levied in Each U.S. State (2020–2024) 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. Key Takeaways California-based companies accrued $64.2 billion in fines, the most of any state between 2020 and 2024. The total reflects multiple blockbuster penalties: PG&E ($16.1 billion) for wildfire liabilities, Wells Fargo ($8.87 billion) for banking misconduct, plus large tech privacy and safety fines for Meta ($2.38 billion) and Alphabet ($1.80 billion). Corporate missteps (or obvious misconduct) can be expensive, and those penalties are not spread evenly across America. The map visualizes where $272 billion in company fines landed from 2020 through 2024, assigned to each state by the companies headquartered in them. The data for this visualization is sourced from Protecht and Good Jobs First’s Violation Tracker. It captures federal and state enforcement actions settled during the period, and includes non-American companies attracting U.S. fines. Ranked: Fines Paid by Companies in Each State (2020–2024) California tops the list with $64.2 billion in company fines, more than double runner-up New York’s $29.6 billion. RankStateState CodeTotal Fines Accrued (2020–2024) 1CaliforniaCA$64.2B 2New YorkNY$29.6B 3New JerseyNJ$24.6B 4MinnesotaMN$19.6B 5IllinoisIL$16.1B 6OhioOH$11.6B 7PennsylvaniaPA$11.3B 8ConnecticutCT$10.1B 9TexasTX$10.0B 10FloridaFL$9.8B 11WashingtonWA$7.8B 12IndianaIN$7.6B 13MassachusettsMA$6.1B 14Rhode IslandRI$5.5B 15MichiganMI$4.0B 16MarylandMD$3.6B 17West VirginiaWV$3.5B 18ArkansasAR$3.4B 19North CarolinaNC$3.2B 20ArizonaAZ$3.2B 21HawaiiHI$3.1B 22OregonOR$2.5B 23AlabamaAL$2.0B 24DelawareDE$1.7B 25UtahUT$1.7B 26VirginiaVA$1.6B 27KentuckyKY$1.6B 28North DakotaND$1.6B 29ColoradoCO$1.5B 30MississippiMS$1.5B 31AlaskaAK$1.4B 32New MexicoNM$1.3B 33LouisianaLA$1.3B 34NevadaNV$1.2B 35New HampshireNH$1.2B 36GeorgiaGA$1.0B 37MissouriMO$902M 38OklahomaOK$855M 39South CarolinaSC$798M 40KansasKS$765M 41IdahoID$744M 42WisconsinWI$695M 43TennesseeTN$611M 44IowaIA$514M 45NebraskaNE$469M 46MontanaMT$334M 47VermontVT$126M 48MaineME$119M 49South DakotaSD$64M 50WyomingWY$39M PG&E’s wildfire liabilities ($16.1 billion in total) outsize the collected fines of companies in all but five states. New York’s tally is driven by Wall Street misconduct, including multibillion-dollar settlements with JPMorgan Chase and Deutsche Bank linked to money-laundering and mortgage-backed securities. Meanwhile, 70% of New Jersey’s listed figure ($24.6 billion) is from Johnson & Johnson’s $18 billion in fines in the same period (for their role in the opioid crisis.) Together, companies in these three coastal giants account for about 40% of all penalties issued nationwide. Financial Services & Pharma Giants Attract Fines Regulatory pressure tends to cluster where dominant industries are headquartered. For example, financial services fines concentrated in New York and North Carolina, while energy and utility penalties rack up in Texas, Ohio, and Illinois. Minnesota’s surprising fourth-place finish ($19.6 billion) traces mainly to 3M’s $10.3 billion PFAS contamination settlement, the largest clean-water payout in U.S. history. Meanwhile, California’s tech hub status explains the multibillion-dollar privacy rulings against Meta and Alphabet. Small States Have Smaller Corporate Penalties At the other end of the spectrum, sparsely populated states saw comparatively light penalties accrued. Wyoming companies incurred just $39 million over five years, and South Dakota only $64 million. Limited corporate footprints—and fewer Fortune 500 headquarters—lead to fewer blockbuster fines. Still, even in low-population regions, single cases can swing totals. For example, Vermont’s $126 million figure largely reflects a single opioid settlement against Purdue Pharma affiliates. Learn More on the Voronoi App If you enjoyed today’s post, check out Most-Fined Companies by the U.S. Government (2020–2024) on Voronoi, the new app from Visual Capitalist.

See this visualization first on the Voronoi app. Use This Visualization Ranked: Nuclear Power Generation by Country 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. Key Takeaways The U.S. accounts for nearly 30% of global nuclear power generation. China is the second-largest producer, followed by France. Globally, nuclear power accounts for 10% of total electricity generation. Nuclear power remains one of the world’s largest sources of low-carbon electricity, providing reliable baseload energy for millions of people. In 2024, global nuclear power plants generated 2,818 terawatt-hours (TWh) of electricity, accounting for roughly 10% of the world’s total electricity generation. This visualization is part of Visual Capitalist’s VOLTage Week, sponsored by Tema ETFs. It breaks down nuclear power generation by country, highlighting the biggest producers of nuclear energy, using data from the Energy Institute’s Statistical Review of World Energy. The World’s Largest Nuclear Power Producers Below is the ranking of the top nuclear power-generating countries in 2024, along with their share of the global total: RankCountryNuclear Energy Generation (TWh)Share of Total 1 U.S.82329.2% 2 China45116.0% 3 France38113.5% 4 Russia2167.7% 5 South Korea1896.7% 6 Canada863.0% 7 Japan853.0% 8 India551.9% 9 Spain551.9% 10 Ukraine531.9% 11 Sweden511.8% 12 United Kingdom411.4% 13 United Arab Emirates411.4% 14 Finland331.2% 15 Belgium311.1% Rest of world2308.2% n/a Total World2,818100% The United States remains the clear leader, generating nearly 30% of the world’s nuclear electricity, equivalent to the next two countries combined. Despite no new large-scale reactors coming online in decades, high capacity factors and life extensions for existing plants have kept U.S. nuclear energy production steady. China has rapidly risen to second place as it continues to expand its fleet of reactors, with multiple new units under construction. France, where over 60% of electricity comes from nuclear, saw the largest year-over-year growth among the top five producers in 2024 (+12.2%). Meanwhile, Russia—the fourth-largest nuclear power producer—experienced a slight decline in nuclear power generation (-1.0%) in 2024. Canada, Spain, and Finland all posted modest drops, largely due to scheduled outages or load adjustments in their grids. On the other hand, India saw the largest increase in nuclear power production in 2024, growing by over 13% from 2023 levels. The World’s Aging Nuclear Reactor Fleet As of 2025, there are 416 operating nuclear reactors worldwide, and around two-thirds of these are more than 30 years old. Nuclear reactors are typically designed to operate for 40–50 years, although they can operate for longer with lifetime extensions. Although the currently operating fleet is aging, more than 60 new reactors have commenced operations in the last 10 years. Furthermore, around 70 new reactors are currently under construction across 15 countries, brightening the outlook for the world’s reactor fleet. Learn More on the Voronoi App If you enjoyed today’s post, check out How the EU Generates its Electricity in 2025 on Voronoi, the app from Visual Capitalist.

See this visualization first on the Voronoi app. Use This Visualization Visualized: The Top Countries Buying U.S. Oil in 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. Key Takeaways The U.S. exported 3.9 billion barrels of oil to 146 countries in 2024, representing 55% of its domestic production The top destinations were: Mexico (11.0%), the Netherlands (9.9%), Canada (8.1%) and China (8.1%) The U.S. is one of the world’s largest oil producers and exporters. In 2024, the country shipped nearly 4 billion barrels of oil abroad, accounting for more than half of U.S. production that year. This flow of crude, refined products, and other liquids highlights the global importance of American energy. This visualization breaks down the top countries buying U.S. oil last year. The data for this visualization comes from the U.S. Energy Information Administration (EIA). It tracks all petroleum and liquid fuel exports, measured in barrels. North America Leads U.S. Oil Imports Mexico topped the list of importers, receiving 429 million barrels, or 11% of all U.S. oil exports. Canada followed closely, importing over 316 million barrels (8.1%). Rank2024 ExportsBarrels% of Total 1Mexico429,192,00011.0 2Netherlands387,659,0009.9 3China318,166,0008.1 4Canada316,498,0008.1 5Korea255,126,0006.5 6Japan219,421,0005.6 7India164,200,0004.2 8UK158,044,0004.0 9Singapore120,041,0003.1 10Spain99,384,0002.5 11Brazil94,411,0002.4 12Taiwan86,381,0002.2 13France84,471,0002.2 14Chile65,211,0001.7 15Panama58,725,0001.5 16Italy56,514,0001.4 17Ecuador54,976,0001.4 18Germany53,155,0001.4 19Colombia50,531,0001.3 20Peru49,678,0001.3 21Belgium46,951,0001.2 22Dominican Republic44,668,0001.1 23Indonesia44,257,0001.1 24Thailand43,488,0001.1 25Guatemala43,454,0001.1 26Morocco38,423,0001.0 27Sweden35,646,0000.9 28Turkiye33,263,0000.8 29Honduras29,497,0000.8 30Egypt27,734,0000.7 31Nigeria26,236,0000.7 32Norway25,381,0000.6 33Bahama Islands23,687,0000.6 34Costa Rica22,551,0000.6 35Denmark19,275,0000.5 36Virgin Islands19,176,0000.5 37El Salvador18,660,0000.5 38Venezuela17,575,0000.4 39Poland16,760,0000.4 40Malaysia16,493,0000.4 41Portugal13,089,0000.3 42Ireland13,054,0000.3 43South Africa12,701,0000.3 44Australia11,484,0000.3 45Finland10,694,0000.3 46Argentina10,556,0000.3 47Nicaragua10,333,0000.3 48Trinidad & Tobago10,323,0000.3 49Kenya7,620,0000.2 50Jamaica7,490,0000.2 51Saint Lucia6,429,0000.2 52Cote d'Ivore6,349,0000.2 53Bangladesh6,281,0000.2 54Switzerland5,915,0000.2 55Greece5,333,0000.1 56Ghana4,381,0000.1 57Gibraltar4,256,0000.1 58Vietnam4,252,0000.1 59Curacao3,986,0000.1 60Puerto Rico3,882,0000.1 61Uruguay3,681,0000.1 62Philippines3,618,0000.1 63Israel3,239,0000.1 64Togo2,637,0000.1 65UAE2,112,0000.1 66Jordan2,108,0000.1 67Oman2,054,0000.1 68Belize1,842,0000.0 69Haiti1,744,0000.0 70Bulgaria1,634,0000.0 71Aruba1,608,0000.0 72Senegal1,437,0000.0 73Cayman Islands1,326,0000.0 74Paraguay1,128,0000.0 75Saudi Arabia969,0000.0 76Bolivia927,0000.0 77Iceland909,0000.0 78Liberia884,0000.0 79Antigua & Barbuda844,0000.0 80New Zealand844,0000.0 81Mozambique841,0000.0 82Guadeloupe775,0000.0 83Latvia709,0000.0 84Tunisia655,0000.0 85Slovenia560,0000.0 86Pakistan502,0000.0 87Romania489,0000.0 88Namibia440,0000.0 89Kuwait422,0000.0 90Hong Kong412,0000.0 91Albania370,0000.0 92Croatia356,0000.0 93Barbados343,0000.0 94Benin326,0000.0 95Turks and Caicos Islands326,0000.0 96Cameroon320,0000.0 97Guinea289,0000.0 98Central African Republic266,0000.0 99Tanzania264,0000.0 100Djibouti259,0000.0 101Lithuania244,0000.0 102Qatar188,0000.0 103Martinique161,0000.0 104Guyana153,0000.0 105British Virgin Islands129,0000.0 106Lebanon123,0000.0 107Algeria102,0000.0 108Macedonia99,0000.0 109Madagascar99,0000.0 110Cyprus89,0000.0 111Iraq71,0000.0 112Bermuda47,0000.0 113Suriname47,0000.0 114Angola41,0000.0 115Cuba34,0000.0 116Marshall Islands22,0000.0 117Czechia12,0000.0 118Uganda11,0000.0 119Libya10,0000.0 120Sint Maarten9,0000.0 121Saint Kitts and Nevis8,0000.0 122Kazakhstan6,0000.0 123Saint Vincent and the Grenadines5,0000.0 124Uzbekistan5,0000.0 125Georgia4,0000.0 126Ukraine4,0000.0 127Anguilla3,0000.0 128Bahrain3,0000.0 129Grenada3,0000.0 130Kyrgyzstan3,0000.0 131Dominica2,0000.0 132Equatorial Guinea2,0000.0 133Hungary2,0000.0 134Mongolia2,0000.0 135Austria1,0000.0 136Azerbaijan1,0000.0 137Cambodia1,0000.0 138Estonia1,0000.0 139Eswatini1,0000.0 140Ethiopia1,0000.0 141French Polynesia1,0000.0 142Federated States1,0000.0 143Monaco1,0000.0 144Montserrat1,0000.0 145Papua New Guinea1,0000.0 146Russia1,0000.0 Total3,919,330,000100.0 Europe and Asia Are Key Markets The Netherlands was the second-largest buyer, taking in 387 million barrels (9.9%), while other major European buyers included the UK, Spain, and France. These exports often serve as inputs for refining hubs or redistribution across the continent. Meanwhile, Asian countries such as China, South Korea, Japan, and India also ranked highly—each importing over 150 million barrels. Broad Global Reach While the top 10 countries accounted for a majority of exports, U.S. oil reached almost 150 countries. Even smaller nations like Togo, Belize, and Latvia made the list. Why Does the U.S. Export Oil While Still Importing It? At first glance, it may seem contradictory for the U.S. to export over half of its oil production while continuing to import oil, especially from Canada. But this is a result of differences in crude oil types, refinery configurations, and global market dynamics. Most U.S. oil production is light, sweet crude, while many American refineries were built to handle heavier, sour grades. Additionally, some U.S. refineries are located closer to foreign markets than to domestic demand centers. As a result, oil flows both in and out of the country to optimize refining efficiency, logistics, and economic returns. In total, 55% of U.S. oil production was exported. Learn More on the Voronoi App If you enjoyed today’s post, check out The Top Countries Buying U.S. Coal in 2024 on Voronoi, the new app from Visual Capitalist.

See this visualization first on the Voronoi app. The U.S. Interest Rate Over Time (1954-2025) 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. Key Takeaways The U.S. interest rate has fluctuated considerably over the decades, reaching above 19% during the early 1980s and later falling to near zero in the 2008 financial crisis and COVID-19 pandemic. The Federal Reserve made their first interest rate cut of this year of 25 basis points on September 17th, and projects rates to decline to 3.50–3.75% by the end of 2025. In the U.S., raising or lowering the interest rate is one of the Federal Reserve’s most powerful tools for shaping the economy. It influences everything from borrowing costs for households to global capital flows. With the Federal Reserve cutting the interest rate for the first time in 2025 this week, this graphic takes a look back at how this cut and rate projections to the end of 2025 look in historical perspective. This chart shows how the Federal Funds Rate has changed from 1954 to September 2025 with projections through the end of 2025, using data from the Federal Reserve and their latest Summary of Economic Projections. How the Interest Rate Has Changed Since 1954 Over the past seven decades, the U.S. interest rate has moved through cycles of extreme highs and historic lows. The table below includes the data of the average interest rate each year since 1954, with the 2025 average including the Federal Reserve’s projections of two additional cuts by the end of the year. YearU.S. Average Interest Rate 19541.01% 19551.79% 19562.73% 19573.11% 19581.57% 19593.31% 19603.22% 19611.96% 19622.71% 19633.18% 19643.50% 19654.08% 19665.11% 19674.22% 19685.66% 19698.20% 19707.18% 19714.66% 19724.43% 19738.73% 197410.50% 19755.82% 19765.05% 19775.54% 19787.93% 197911.19% 198013.36% 198116.38% 198212.26% 19839.09% 198410.23% 19858.10% 19866.81% 19876.66% 19887.57% 19899.22% 19908.10% 19915.69% 19923.52% 19933.02% 19944.20% 19955.84% 19965.30% 19975.46% 19985.35% 19994.97% 20006.24% 20013.89% 20021.67% 20031.13% 20041.35% 20053.21% 20064.96% 20075.02% 20081.93% 20090.16% 20100.18% 20110.10% 20120.14% 20130.11% 20140.09% 20150.13% 20160.40% 20171.00% 20181.83% 20192.16% 20200.38% 20210.08% 20221.68% 20235.02% 20245.14% 20254.21% In their most recent interest rate announcement on September 17, 2025, the Federal Reserve announced their first interest rate cut of 2025 of 25 basis points (bps). The Federal Reserve’s Summary of Economic Projections was released alongside the announcement, where more than half of the board members projected at least an additional two 25 bps rate cuts this year. If these further rate cuts were to manifest, the interest rate would move down from its current target range of 4.00–4.25% to 3.50–3.75%. The Volcker Era and Double-Digit Rates The early 1980s marked the most dramatic spike in interest rates. With inflation climbing into double digits but economic growth slowing (also known as stagflation), the Fed pushed rates above 19%, triggering a recession but eventually restoring price stability. This remains the highest point in the modern history of U.S. interest rates, and is known as the “Volcker Shock”: when Federal Reserve Chair Paul Volcker broke the back of rising inflation. The 2008 Financial Crisis and Pandemic Era’s Near-Zero Rates In the aftermath of the global financial crisis, the Fed slashed the interest rate to almost zero. By December 2008, the effective Federal Funds Rate had fallen to the lowest positive range of 0.00–0.25%. This was the start of a prolonged period of ultra-low interest rates that lasted nearly a decade. While the Federal Reserve had engaged in raising the interest rate back up from late 2015 to 2019, the COVID-19 pandemic forced the Fed to return to near-zero rates. During this stretch, the interest rate was slashed to the 0.00–0.25% target range to provide liquidity and a more supportive economic environment amidst an unprecedented global shutdown. Not long after, the interest rate was rapidly raised in 2022–2023 to a high range of 5.25–5.50% to combat the sharpest surge in inflation in 40 years. Three rate cuts at the end of 2024 brought the interest rate down to the 4.25–4.50% range for most of 2025, before this most recent cut. Learn More on the Voronoi App If you enjoyed today’s post, check out how U.S. interest rate cuts compare with other G7 countries on Voronoi, the new app from Visual Capitalist.

Published 3 hours ago on September 17, 2025 By Jenna Ross Graphics & Design Zack Aboulazm Jennifer West Twitter Facebook LinkedIn Reddit Pinterest Email This is a live post that is being updated as interest rate announcements happen throughout the week. Check back periodically to stay up to date. NEW: Fed Rate Cuts vs. Other G7 Countries Key Takeaways The U.S. Federal Reserve (Fed) cut rates by 0.25 percentage points at its meeting on September 17, 2025. Since January 2024, Fed rate cuts have been more gradual than those in Canada or the Eurozone. Japan is the only G7 country currently in a rate hiking cycle. For the first time in nine months, the Fed has dropped rates. What’s behind the decision, and how do the Fed rate cuts compare to other central banks?In this Markets in a Minute from Terzo, we show the change in central bank interest rates for the U.S. relative to other G7 countries. The Pace of Fed Rate Cuts Since January 2024 Since early 2024, every G7 country except Japan has begun cutting rates from their post-pandemic highs. While Japan is hiking to counter inflation, others are easing in an effort to support economic growth. The table below shows the change in central bank interest rates since January 2024 in percentage points. Month Japan U.S. UK Canada Germany, France, and Italy 24-Feb0.000.000.000.000.00 24-Mar+0.150.000.000.000.00 24-Apr+0.150.000.000.000.00 24-May+0.150.000.000.000.00 24-Jun+0.150.000.00-0.25-0.25 24-Jul+0.150.000.00-0.50-0.25 24-Aug+0.350.00-0.25-0.50-0.25 24-Sep+0.35-0.50-0.25-0.75-1.00 24-Oct+0.35-0.50-0.25-1.25-1.25 24-Nov+0.35-0.75-0.50-1.25-1.25 24-Dec+0.35-1.00-0.50-1.75-1.50 25-Jan+0.60 -1.00-0.50-2.00-1.50 25-Feb+0.60-1.00-0.75-2.00-1.75 25-Mar+0.60-1.00-0.75-2.25-2.00 25-Apr+0.60-1.00-0.75-2.25-2.25 25-May+0.60-1.00-1.00-2.25-2.25 25-Jun+0.60-1.00-1.00-2.25-2.50 25-Jul+0.60-1.00-1.00-2.25-2.50 25-Aug+0.60-1.00-1.25-2.25-2.50 25-Sep--1.25--2.50-2.50 Data as of September 17, 2025. In the U.S., Fed rate cuts have reached a total of -1.25 percentage points. The latest cut comes amid a jobs report that revealed only 22,000 jobs were added in August, much lower than economists’ expectations of 76,500 new jobs. On top of this, final numbers for June also revealed the economy lost jobs for the first time in four years. In a press release, the Federal Reserve cited slowing job gains but also a need to monitor inflation, which reached 2.6% in July according to the Personal Consumption Expenditures (PCE) Index. Notably, in a new survey Americans highlighted the cost of living as their biggest personal challenge. By the end of 2025 the Fed expects the interest rate to decline to 3.50%–3.75%, implying a further cut of 0.50 percentage points. Also on September 17, Canada announced a rate cut of 0.25 percentage points, citing a weaker economy and less upside risk to inflation compared to earlier in 2025. Relative to Canada and the Euro area, Fed rate cuts have been much more gradual. The Business Impact of U.S. Rate Cuts What do Fed rate cuts mean for American business leaders? Even with the latest rate cut, the U.S. interest rate is the highest among G7 countries. CountryCentral Bank Policy Rate U.S.4.00%–4.25% UK4.00% Canada2.50% Germany, France, and Italy2.00% Japan0.50% Data as of September 17, 2025. This means that borrowing costs remain relatively high, though loan rates may ease somewhat with the latest cut.  It also means that the U.S. may deliver the highest returns for conservative investors. This will drive higher demand for American currency as investors purchase U.S. bonds, meaning the U.S. dollar is likely to remain strong. Exporters will face headwinds, while importers get some relief from a strong dollar but higher costs from tariffs. Stay in tune with your company’s spending with Terzo’s AI-powered financial platform. More from Terzo Jobs1 week ago Ranked: The Fastest Growing Jobs (2024-2034) Explore the fastest growing jobs by projected growth rate, plus salary insights, in a rapidly changing job market. 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See this visualization first on the Voronoi app. Use This Visualization Next-Gen Battery Capacity by Country in 2025 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. Key Takeaways Besides dominating the production of more traditional batteries, China is also set to maintain dominance in emerging battery technologies over the next five years. The U.S. dominates the capacity pipeline for more niche next-generation technologies. As the global energy transition accelerates, emerging battery technologies are gaining attention for their potential to outperform traditional lithium-ion solutions. These next-generation batteries could be pivotal for everything from electric vehicles to grid storage and even electric aviation. This infographic ranks countries by their share of current production capacity for four types of next-gen batteries. These include solid-state, sodium-ion, redox-flow, other lithium-metal batteries, and metal-air chemistries. The data for this visualization comes from Benchmark Mineral Intelligence. Why Next-Gen Batteries Matter Next-generation batteries are designed to overcome the limits of today’s lithium-ion technology. They offer improvements in energy density, safety, cost, and application-specific performance. Solid-state batteries, for example, eliminate flammable liquid electrolytes. Sodium-ion batteries trade lithium for sodium, a more abundant and cheaper material, while redox-flow systems are ideal for long-duration, grid-level storage. Other chemistries like lithium-sulfur, lithium metal, and metal-air are also gaining traction for aviation, backup power, and future electric vehicles. China’s Continued Dominance China is set to remain the global heavyweight in next-generation battery production. In 2025, China is projected to control over 80% of solid-state capacity and an overwhelming 96% of sodium-ion capacity. Although its lead narrows slightly by 2030, it will still dominate both categories—retaining more than 59% of the solid-state and over 90% of sodium-ion capacity. CountrySolid-state batterySodium-ion (Na-ion)Redox-flow batteryOther China81.3%95.9%40.0%10.0% Japan0.7%0.0%0.4%0.0% South Korea2.8%0.0%0.7%10.0% India0.0%0.8%0.4%0.0% Taiwan2.2%0.0%0.0%0.0% UAE0.0%0.0%0.0%0.0% Saudi Arabia0.0%0.0%10.6%0.0% Israel0.0%0.0%0.0%10.0% USA3.7%3.3%14.6%69.6% Canada2.9%0.0%0.4%0.0% Austria0.0%0.0%0.0%0.0% Belgium0.0%0.0%0.0%0.0% France2.8%0.0%0.0%0.0% Germany0.0%0.0%0.6%0.3% Luxembourg0.0%0.0%0.0%0.0% Netherlands1.1%0.0%0.0%0.0% Portugal0.0%0.0%0.0%0.0% Spain1.1%0.0%0.0%0.0% Sweden0.0%0.1%0.0%0.0% Switzerland1.3%0.0%0.0%0.0% UK0.1%0.0%1.2%0.0% Australia0.0%0.0%28.4%0.0% U.S. Betting on Redox-Flow and Innovation The U.S. dominates the capacity pipeline for more niche next-generation technologies including lithium-sulphur, metal-air, and other lithium metal batteries. The country is set to account for 70% of the 10 GWh global market for these technologies by the end of 2025. In addition to the two largest economies in the world, Canada, South Korea and France remain active, though with smaller shares focused mainly on solid-state chemistries. Notably, Australia has a significant presence in redox-flow battery capacity, accounting for nearly 30% of the global total. Learn More on the Voronoi App  If you enjoyed today’s post, check out Visualizing China’s Battery Recycling Dominance on Voronoi, the new app from Visual Capitalist.

See this visualization first on the Voronoi app. Use This Visualization Chart: What’s Powering New U.S. Electricity Generation? 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. Key Takeaways Between 2025 and 2026, renewables account for the lion’s share of new U.S. electricity additions. Solar accounts for 50% of new U.S. electricity generation, driven by declining prices supporting its cost competitiveness. By contrast, natural gas makes up just 8% of new additions, while remaining fossil fuel sources of energy make up less than 0.2% of the total share. U.S. electricity generation is decarbonizing as demand for green power surges. In the next two years, renewable sources will power 92% of new electricity capacity. Driving this shift are massive investments from big tech companies to scale their AI infrastructure, requiring a huge amount of power to run and cool data centers. This visualization is part of Visual Capitalist’s VOLTage Week, sponsored by Tema ETFs. It shows where new U.S. electricity capacity is coming from, based on data from the EIA via J.P. Morgan Asset Management. Breaking Down New U.S. Electricity Generation Below, we show planned U.S. electricity additions by source for 2025 and 2026: Source% of Additions 2025-2026GW Added Solar50%63.3 Batteries30%38.0 Wind12%15.2 Natural gas8%10.1 Other0.2%0.3 Total Additions100%126.5 As we can see, solar power accounts for 50% of new capacity additions in the next two years. While natural gas continues to be the leading source of electricity in the U.S., solar is rapidly growing. In 2024, solar power additions hit a record 37 gigawatts (GW) in new capacity compared to 1 GW of new capacity for natural gas-fired power. With 30% of new capacity, battery storage follows next. In the next two years, new storage capacity is set to reach 38 GW of power, with projects concentrated in Texas and California. Meanwhile, the majority of U.S. electricity retirements are coal (55%), natural gas (37%), and oil (8%) through to 2026. Learn More on the Voronoi App To learn more about trends in renewable energy, check out this graphic on the declining cost of renewable power.

See this visualization first on the Voronoi app. Use This Visualization The U.S. Population by Age Group in 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. Key Takeaways Individuals aged 31 to 40 make up the largest share of the U.S. population in 2024, at nearly 47 million people. In all age groups under 50, men slightly outnumber women, but this trend reverses and increasingly widens as people age. With the U.S. population getting older, how exactly is the population distributed across age groups today? When looking at it by decades of age, interestingly, children under 10 continue to make up a larger share than those in their 40s, 50s, 60s. This comes as fertility rates hit record lows of 1.6 children per woman—down from 2.1 in 2007—while immigration supports population growth. This chart breaks down the U.S. population by age and gender, based on data from the U.S. Census Bureau. U.S. Population Distribution by Age and Gender Below, we show America’s population distribution in 2024: AgeMaleFemaleMale shareFemale share 0-1021.9M21.0M51.1%48.9% 11-2022.3M21.3M51.2%48.8% 21-3022.9M22.1M50.8%49.2% 31-4023.7M23.3M50.5%49.5% 41-5021.1M21.0M50.1%49.9% 51-6020.4M20.8M49.5%50.5% 61-7019.2M20.8M48.0%52.0% 71-8012.0M14.2M45.7%54.3% 81-904.1M5.9M41.3%58.7% 91-100+0.7M1.3M33.2%66.8% Today, the largest age group in America is people in their 30s, numbering close to 47 million. In 2019, Millennials surpassed Baby Boomers as the biggest generation, and their share of the population is expected to peak by 2033. Moreover, immigration is projected to be a major driver of this growth. Meanwhile, almost 43 million children are under 10 years old in America, making up about 13% of the total population. Of these children, males accounted for a 51.1% share. This mirrors a broader global pattern, where male births outpace female births in nearly every country. When looking over each following decade, the share of males gradually decreases due to a complex mix of lifestyle factors, life expectancy, and mortality rates. Most notably, among those aged 91 and older, women significantly outnumber men, at 1.3 million compared to 0.7 million. Going further, reaching this age group is a clear milestone—comprising just 0.6% of the U.S. population today. Learn More on the Voronoi App To learn more about this topic, check out this graphic on the world’s population as 1,000 people.

See this visualization first on the Voronoi app. Use This Visualization Mapped: Europe’s Housing Cost Burden by Country 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. Key Takeaways Housing cost burden refers to the share of people who spend more than 40% of their income on housing. Among European countries, Greece faces the highest rate of urban residents under this strain, with 29% of its population affected. Denmark and Norway rank next in line, with 22.7% and 21.0% of the population being overburdened. For many European countries, housing costs are eating up a larger share of workers’ paychecks. Given rising unaffordability, protests have erupted across Spain, Lisbon, and Berlin as the gap between wages and rent widens. In Hungary, for instance, home prices have soared 234% between 2010 and 2024— far outpacing the EU average of 55.4%. This graphic shows the housing cost burden of European countries in 2024, based on data from Eurostat. Which Countries Have the Highest Housing Cost Burden? In the table below, we rank EU countries by the share of the population that pays more than 40% of household income, net of tax and pension contributions, on housing: RankCountryShare of urban population spending >40% of income on housing (2024) 1 Greece29.0% 2 Denmark22.7% 3 Norway21.0% 4 Switzerland20.4% 5 Czechia14.1% 6 Sweden13.2% 7 Germany13.1% 8 Austria12.0% 9 Hungary11.3% 10 Belgium11.1% 11 Luxembourg9.8% 12 Netherlands9.7% 13 Serbia9.6% 14 France9.4% 15 Estonia8.7% 16 Spain8.5% 17 Portugal8.2% 18 Finland7.7% 19 Slovakia7.4% 20 Latvia7.3% 21 Bulgaria6.6% 22 Italy6.6% 23 Ireland5.7% 24 Poland5.7% 25 Malta4.6% 26 Slovenia4.6% 27 Romania4.3% 28 Lithuania4.2% 29 Croatia3.4% 30 Cyprus2.6% Data for Switzerland as of 2023. With the third-lowest wages in the EU, paired with rising home prices, the share of overburdened residents in Greece is nearly triple the EU average. In 2024, the home price-to-income ratio reached 12.7—its highest level since 2007. Not only has sustained inflation contributed to this trend, an influx of foreign buyers has further driven up prices. Meanwhile, Denmark ranks in second, with 22.7% of the population overburdened. Since June 2024, the central bank has cut interest rates eight times, fueling higher housing demand. In Copenhagen, the Danish capital, home prices have doubled over the past decade. By contrast, Germany’s higher wages cushion the impact of higher living costs, with 13.1% of the population facing home costs that exceed 40% of income. Overall, wages in Germany are about 35% higher than the EU average. On the other hand, Croatia and Lithuania rank among the most affordable, driven by high home ownership rates that help insulate residents from fluctuating housing costs. Learn More on the Voronoi App To learn more about this topic, check out this graphic on the world’s most unaffordable housing markets.

See this visualization first on the Voronoi app. New Research Shows How People Actually Use ChatGPT 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. New research breaks down ChatGPT usage behavior based on over one million messages. Over half of ChatGPT use cases are for learning and productivity. 90% of users rely on the free version of ChatGPT. What do people actually use ChatGPT for? It’s a question that has lingered since the tool first went viral back in 2022. Now, a new research paper from OpenAI sheds light on user behavior by analyzing a sample of 1.1 million messages from active ChatGPT users between May 2024 to July 2025. The findings, summarized in a helpful visualization by Made Visual Daily, show that ChatGPT’s core appeal is utility: helping users solve real-world problems, write better, and find information fast. How People Use ChatGPT The table below summarizes the major use categories identified in the study: ChatGPT Usage CategorySubcategoryPercentage Seeking InformationSpecific Info18.3 WritingEdit Or Critique Provided Text10.6 Practical GuidanceTutoring Or Teaching10.2 Practical GuidanceHow To Advice8.5 WritingPersonal Writing Or Comms8.0 Practical GuidanceHealth, Fitness, Self Care5.7 WritingTranslation4.5 MultimediaCreate An Image4.2 Technical HelpComputer Programming4.2 Other / UnknownOther / Unknown4.1 Practical GuidanceCreative Ideation3.9 WritingArgument / Summary Generation3.6 Technical HelpMathematical Calculation3.0 Seeking InformationPurchasable Products2.1 Self-ExpressionGreetings And Chitchat2.0 Self-ExpressionRelationships / Reflection1.9 WritingWrite Fiction1.4 MultimediaGenerate / Retrieve Other Media1.1 Seeking InformationCooking And Recipes0.9 MultimediaAnalyze An Image0.6 Other / UnknownAsking About The Model0.4 Self-ExpressionGames And Role Play0.4 Technical HelpData Analysis0.4 Over 55% of ChatGPT prompts fell into either learning or productivity-related tasks. Users often turn to the chatbot for help understanding concepts, writing emails, summarizing articles, or coding. A wide base of users are using the tool as a digital assistant, tutor, or research aide. Meanwhile, niche categories like roleplaying and entertainment make up a smaller but meaningful slice. These uses include things like fictional storytelling, game design, and writing fan fiction. Their growth points to ChatGPT’s creative potential beyond functional tasks. Why This Study Matters This is the first large-scale analysis that classifies how ChatGPT is actually used, rather than relying on anecdotal evidence or surveys. It also reveals how people across professions—from marketers to software developers—are integrating AI into their daily workflows. Another key insight? Most people still use the free version of ChatGPT. Only about 10% of the prompts analyzed came from paid users of GPT-4, suggesting that even the free-tier model is driving widespread productivity. Learn More on the Voronoi App Want to see how ChatGPT compares to other AI tools in terms of market share? Check out ChatGPT Dominates AI Market Share on the Voronoi app.

See this visualization first on the Voronoi app. Use This Visualization Visualizing $1.5 Trillion in Global Power Investment 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. Key Takeaways In the past decade, global electricity investment has increased by 60%. Solar has seen the most rapid investment growth, soaring from $142 billion in 2015 to a projected $441 billion this year. Similarly, wind and nuclear investment are up 69% and 64%, respectively, as capital increasingly flows to renewable power sources. The AI boom is fueling a surge in electricity demand, as data centers consume massive amounts of power to train and run large language models. Big Tech stand as a major driver of this investment, inking billion-dollar partnerships for greener sources like nuclear and solar. Similarly, China drove almost two-thirds of the world’s renewable capacity additions in 2024 alone. This graphic shows global electricity investment by sector over the past decade, based on data from the IEA. The Surge in Renewable Power Sources Below, we show how clean power is playing a greater role in electricity generation worldwide: Sector2015 (B)2025E (B)Growth Solar$142$441211% Grids$331$41325% Wind$143$24269% Coal$91$82-10% Nuclear$45$7464% Natural gas$70$700% Hydro$59$7019% Battery storage$0$66n/a Other$55$36-35% Total$936$1,49460% With investments climbing 211% between 2015 and 2025, solar power has become the world’s fastest-growing power source, projected to reach $441 billion of global investment this year. Moreover, 75% of renewable capacity additions globally were driven by solar PV in 2024. Notably, solar PV additions jumped by 55% annually in America, 30% in China, and 153% in India. As we can see, investment in grids is projected to reach $413 billion, up 25% since 2015. Yet, the sector faces numerous bottlenecks including permitting delays and rising equipment costs given high generation demand. Meanwhile, wind power investment is anticipated to reach $242 billion this year—a 69% increase since 2015. While growth wind power additions weakened in 2024 across key markets like Brazil, Europe, and Brazil, both India and China saw moderate increases over the year. Learn More on the Voronoi App To learn more about this topic, check out this graphic on electricity use per capita in across major economies.

Published 6 hours ago on September 16, 2025 By Julia Wendling Graphics & Design Athul Alexander Twitter Facebook LinkedIn Reddit Pinterest Email The following content is sponsored by Tema ETFs AI Is Powering a New Electricity Boom The rise of Artificial Intelligence (AI) brings enormous benefits, but it also presents challenges—chief among them is the technology’s heavy electricity use. In partnership with Tema ETFs and the second post in VOLTage week, this visualization highlights how AI is projected to drive growing electricity demand in the years ahead, using data from McKinsey. AI & Electricity Use Artificial intelligence consumes a lot of electricity for several reasons. Training a model requires processing massive datasets, which demands huge amounts of computing power. The more complex the model, the more energy it takes to run. Even after training, energy use continues. Every time an AI answers a query—a process called inference—it requires graphics processing unit (GPU) power, adding significantly to energy demand.   Data Centers Artificial intelligence needs data centers because the models are too large and complex to run on ordinary computers. Data centers provide the specialized GPUs, storage, and networking required for model training and inference. All of this hardware consumes large amounts of electricity to function.  On top of that, cooling systems are needed to keep servers from overheating, which adds even more power use. As AI adoption grows, so does the electricity demand tied to expanding data center capacity. AI’s Growing Share of Data Center Capacity In 2025, artificial intelligence is already projected to consume more data center capacity than all other workloads combined—44 gigawatts versus 38 gigawatts. That gives AI a 54% share of total capacity. YearAI (gigawatts)Non-AI (gigawatts)AI Share 2025P443853.7% 2026P624060.8% 2027P834564.8% 2028P1025067.1% 2029P1245668.9% 2030P1566470.9% Looking ahead, the shift becomes even more dramatic. By 2030, demand from artificial intelligence workloads is expected to reach 156 gigawatts, compared to 64 gigawatts for non-AI uses. At that point, AI would account for nearly 71% of all data center demand. Looking Ahead Electricity demand is set to climb steadily as AI adoption accelerates and data centers expand. This structural growth could create a powerful tailwind for companies involved in power generation, grid infrastructure, and energy technologies. For investors, the sector could offer a compelling long-term opportunity to capitalize on the digital and energy transitions shaping the future. The Tema Electrification ETF (VOLT) invests in the companies powering the future—from energy generation to grid modernization and power management technologies. Electrify your portfolio. Learn more about VOLT. Source: McKinsey (2024)  Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com. Read the prospectus carefully before investing Investing involves risk including possible loss of principal. There is no guarantee the adviser’s investment strategy will be successful. Distributor: Foreside Fund Services, LLC. More from Tema ETFs Energy1 day ago Which Sources Will Dominate U.S. Electricity Use? (2024-2050) VOLTage Week: Which sources are likely to drive the upcoming electricity surge? Economy2 months ago Ranked: U.S. States Gaining the Most Jobs from Reshoring As the reshoring trend accelerates, millions of manufacturing jobs are returning to American soil. But the benefits aren’t being shared equally across the country. Economy3 months ago Visualized: Reshoring Investments in the U.S. Have Surged to $1.7T Reshoring began with supply chain disruptions and sluggish job growth—now it’s gaining momentum with the White House. Markets4 months ago Ranked: 2025’s 10 Largest S&P 500 Stocks When you invest in S&P 500 stocks, you’re gaining exposure to the 500 biggest publicly traded companies in the U.S.—but not equally. Economy4 months ago Ranked: America’s $425B Trade Deficit by Product See which goods drive America’s $425B trade deficit—and why they signal key opportunities for U.S. reshoring and domestic investment. Markets4 months ago Visualized: The Rising Concentration of the S&P 500 By early 2025, the top ten companies in the S&P 500 made up nearly 40%, marking a high degree of market concentration. Markets4 months ago The Surging Value of the Magnificent 7 Versus the S&P 500 (2014-2024) The Magnificent 7 stocks have soared from $1.8T in 2014 to over $18T by 2024—but is their growing dominance making the S&P 500 concentrated? Subscribe Please enable JavaScript in your browser to complete this form.Join the 375,000+ subscribers who receive our daily email *Sign Up

See this visualization first on the Voronoi app. Use This Visualization Ranked: Which Countries Buy the Most U.S. Coal? 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. Key Takeaways The U.S. exported 97.6M tonnes of coal in 2024, representing 25% of its domestic coal production. The top customers were all in Asia: India (23%), China (12%), and Japan (8%). Coal remains a major U.S. export, even as the domestic energy mix shifts toward natural gas and renewables. In 2024, America exported nearly 100 million tonnes of coal to countries around the world, with a concentration of buyers in Asia. This visualization breaks down the top destinations for U.S. coal exports last year. The data for this graphic comes from the U.S. Energy Information Administration (EIA). It shows 2024 coal export volumes by destination, measured in millions of tonnes. Asia: The Rising Demand Hub India led the pack with 23.4% of all U.S. coal exports, followed by China (11.5%) and Japan (8.4%). Combined, these three Asian countries accounted for nearly 43% of all American coal exports. RankDestination2024 (million tonnes)% of Total 1 India22.923.4 2 China11.311.5 3 Japan8.28.4 4 Brazil7.67.8 5 Netherlands7.27.4 6 Morocco5.45.6 7 South Korea4.34.4 8 Egypt4.24.3 9 Canada3.83.9 10 Turkey2.52.6 11 Indonesia2.12.2 12 Germany1.92.0 13 Italy1.71.7 14 Poland1.51.5 15 Dominican Republic1.31.3 16 Austria1.11.2 17 France1.11.1 18 Singapore1.01.1 19 Spain1.01.0 20 Belgium0.91.0 21 Croatia0.90.9 22 Argentina0.70.8 23 Pakistan0.70.7 24 Finland0.60.7 25 Sweden0.60.6 26 Ukraine0.50.5 27 Malaysia0.50.5 28 Chile0.30.3 29 South Africa0.20.2 30 Thailand0.20.2 31 UAE0.20.2 32 UK0.20.2 33 Guatemala0.10.2 34 Vietnam0.10.1 35 Romania0.10.1 36 Togo0.10.1 37 Norway0.10.1 38 Honduras0.10.1 39 Switzerland0.10.1 Since 2017, Asia has eclipsed Europe as the leading destination for U.S. coal. In 2024, India alone purchased 22.9 million tonnes. India’s high demand for U.S. coal is driven by a combination of energy security needs, domestic production gaps, and infrastructure limitations. Currently, the country relies heavily on coal to generate electricity—over 70% of its electricity comes from coal-fired power plants. Europe’s Waning Role While several European countries still import American coal, their overall share has declined. The Netherlands remains a key buyer (7.4%), but other nations like Germany, Italy, and Poland account for smaller volumes. The EU’s push to phase out coal and meet climate targets has sharply reduced demand in the region. Notably, many European buyers now import U.S. coal primarily for metallurgical (steelmaking) rather than power generation uses. Emerging and Niche Markets Beyond Asia and Europe, a number of countries in Latin America, Africa, and the Middle East imported smaller quantities of U.S. coal in 2024. Brazil (7.8%) and Morocco (5.6%) were notable non-Asian buyers. Learn More on the Voronoi App If you enjoyed today’s post, check out What Powered the World in 2024? on Voronoi, the new app from Visual Capitalist.

See this visualization first on the Voronoi app. Use This Visualization Mapped: America’s Homeless Population by State 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. Key Takeaways California—also the most populous state—has the largest homeless population in the country, at more than 187,000 people counted in January, 2024. While total counts often mirror overall population, there are notable exceptions such as New York (#2 in homelessness, #4 by total residents), Washington (#3 vs. #13), and Massachusetts (#5 vs. #16). The last time a federal government agency did a count, more than 770,000 people were experiencing homelessness across America. If put together, they would be larger than Alaska’s population. The map above visualizes how those 771,000 individuals are distributed, revealing wide disparities between states and regions. Data for this visualization is sourced from the U.S. Department of Housing and Urban Development. Its annual Point-in-Time (PIT) survey counts sheltered and unsheltered people experiencing homelessness on a single night each January. Importantly, these PIT counts are conducted by local Continuums of Care (CoCs) across the country with varying methodology. Some use census counts, others use sampling and extrapolation, or a hybrid of methods. As a result, they can undercount unsheltered populations, people couch‑surfing, or those avoiding contact. U.S. States Ranked by Their Homeless Population With 187,000 people unhoused, California alone accounts for roughly one-quarter of the national homeless population. RankStateState CodeHomeless Population (Jan. 2024) 1CaliforniaCA187,084 2New YorkNY158,019 3WashingtonWA31,554 4FloridaFL31,362 5MassachusettsMA29,360 6TexasTX27,987 7IllinoisIL25,832 8OregonOR22,875 9ColoradoCO18,715 10ArizonaAZ14,737 11PennsylvaniaPA14,088 12New JerseyNJ12,762 13GeorgiaGA12,290 14OhioOH11,759 15HawaiiHI11,637 16North CarolinaNC11,626 17NevadaNV10,106 18MichiganMI9,739 19MinnesotaMN9,201 20TennesseeTN8,280 21MissouriMO7,312 22VirginiaVA7,141 23IndianaIN6,285 24MarylandMD6,069 25District of ColumbiaDC5,616 26OklahomaOK5,467 27KentuckyKY5,231 28WisconsinWI5,049 29New MexicoNM4,631 30AlabamaAL4,601 31South CarolinaSC4,593 32UtahUT3,869 33LouisianaLA3,469 34VermontVT3,458 35ConnecticutCT3,410 36KansasKS2,793 37ArkansasAR2,783 38IdahoID2,750 39NebraskaNE2,720 40MaineME2,702 41AlaskaAK2,686 42IowaIA2,631 43Rhode IslandRI2,442 44New HampshireNH2,245 45Puerto RicoPR2,096 46MontanaMT2,008 47West VirginiaWV1,779 48DelawareDE1,358 49South DakotaSD1,338 50GuamGU1,249 51MississippiMS1,041 52North DakotaND865 53WyomingWY501 54U.S. Virgin IslandsVI279 N/AU.S.USA771,480 That figure has climbed by nearly 74,000 people since 2015, driven by high housing costs, a shortage of mental-health resources, and persistent income inequality. Even when controlling for population, the Golden State’s rate of homelessness—4.7 per 1,000 residents—is more than double the U.S. average (2.3). Naturally, the most populous states in the country will also have the most people experiencing homelessness, but it’s not always a perfect match. Homelessness Numbers Don’t Always Mirror State Populations New York ranks fourth in overall residents but second in people experiencing homelessness. In fact, New York City alone shelters more than 100,000 people on any given night. Washington state is another outlier. It’s the 13th-most-populous state, but records the third-largest homeless count, reflecting the acute affordable housing shortages in Seattle and the Puget Sound region. Meanwhile, Massachusetts—also facing a severe housing crunch—places fifth by homelessness, ahead of more populous states like Texas and Illinois. Hidden Homelessness Hotspots in Smaller States Smaller jurisdictions also stand out when adjusting for scale. Hawaii and the District of Columbia each report fewer than 12,000 people experiencing homelessness. Yet their per capita rates (8 per 1,000 residents) exceed those of California. Vermont, Alaska, and Oregon likewise rank high relative to their populations (between 3–5, per 1,000 residents). Learn More on the Voronoi App For more related coverage, check out The World’s Most Affordable Housing Markets on Voronoi, the new app from Visual Capitalist.

Voltage Week at Visual Capitalist Electricity is entering a new era. From AI-driven demand surges in data centers to the revival of nuclear power, the systems that power our world are being reimagined. Voltage Week is a special editorial series from Visual Capitalist, in partnership with Tema ETFs, exploring one of the most important transformations of our time: electrification. Throughout the week, we’ll break down the data behind: The explosive electricity needs of AI Power grids struggling to keep pace with demand The role of nuclear and renewables in future supply And more on the forces reshaping global energy How It Works Daily content drops: Each day, we publish a new visual or data story unpacking a critical piece of the electrification puzzle. One central hub: All Voltage Week content lives in one place, so you can follow the story as it develops. More to explore: The hub also connects you to other Visual Capitalist content, offering broader context on the forces reshaping global energy. Who It’s For Investors, executives, policymakers, and anyone who wants to understand the shifts driving electrification will gain actionable insights into how these changes impact industries, markets, and society at large. About our Sponsor Voltage Week is an editorial partnership between Visual Capitalist, and our sponsor Tema ETFs, an active ETF investment manager and issuer of the Electrification ETF (VOLT). The Tema Electrification ETF (VOLT) invests in the companies powering the future —from energy generation to grid modernization and power management technologies. Electrify your portfolio. Want to Align Your Brand with Events Like This? Visual Capitalist editorial weeks bring together data-driven storytelling and a global audience of over 100 million investors, executives, and decision-makers. As a sponsor, your brand gains exclusive visibility during our largest editorial pushes—from homepage takeovers and dedicated newsletters to high-impact distribution across our social channels. If you want your brand’s name in lights, check out our full content calendar  to see what’s available for 2026. explore the voltage week hub

See this visualization first on the Voronoi app. Use This Visualization Who Makes the World’s Steel? Top 10 Countries, Ranked 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. Key Takeaways China produces more than half of the world’s steel supply, crossing the 1 billion-tonne mark in 2024. Surging domestic construction, a vast manufacturing base, and state-led infrastructure projects underpin China’s dominance. Steel is the backbone of modern infrastructure, found in everything from skyscrapers and bridges to cars and household appliances. This infographic ranks the world’s top steel-producing nations by crude steel production in 2024, measured in tonnes. Data for this visualization is sourced from World Steel Association. Ranked: Top 10 Steel Producing Countries in 2024 China churned out a whopping 1 billion tonnes of crude steel in 2024. For reference, this is more than the combined output of every other country in the world. RankName2024 Crude Steel Production (Tonnes) 1 China1.0B 2 India149.4M 3 Japan84.0M 4 U.S.79.5M 5 Russia71.0M 6 South Korea63.6M 7 Germany37.2M 8 Türkiye36.9M 9 Brazil33.8M 10 Iran31.4M N/A Rest of World292.6M N/A World Total1.9B That sheer scale reflects decades of rapid urbanization, government stimulus, and an export-oriented manufacturing machine. Although environmental pressures are prompting capacity caps, Beijing’s latest five-year plan still prioritizes high-tech and green construction, implying continued robust demand. Other Major Steel Producing Countries India remains a distant second at 149 million tonnes, yet it is the only top producer logging double-digit growth year-over-year. New blast furnaces and electric-arc furnace investments aim to propel India to the 300-million-tonne mark by decade’s end, tightening its grip on second place. High-Income Steel Producing Countries Japan (84 million tonnes) and the U.S. (79.5 million tonnes) round out the top four, but both have seen production stagnate or decline amid aging plants and slower domestic demand in the last two decades. In fact, steel is a major category under President Trump’s new tariffs, attracting duties as high as 50% for products that contain steel manufactured in other countries. This is a roundabout attempt to force companies to use American steel, though opinions are divided on their immediate impact. This market analysis report says the U.S. steel industry is positioning itself for long-term growth despite current uncertainties. A key driver to this stated growth is the switch to electric arc furnaces, which use scrap steel (instead of iron ore) as an input product, improving efficiency and reducing emissions. Similarly, South Korea and Germany’s steel industries face high energy costs and stringent emissions rules, and they are also shifting to electric-arc technology. Together, the top 10 nations account for nearly 85% of global steel production. However, with China alone commanding 53%, it leaves the world’s steel supply highly sensitive to Chinese economic swings. Learn More on the Voronoi App If you enjoyed today’s post, check out Ranked: The Countries That Dominate Global Shipbuilding on Voronoi, the new app from Visual Capitalist.

Published 5 hours ago on September 15, 2025 By Julia Wendling Graphics & Design Athul Alexander Twitter Facebook LinkedIn Reddit Pinterest Email The following content is sponsored by Tema ETFs U.S. Electricity Demand by Source (2024-2050) Electricity demand is projected to soar in the coming decades—but by how much and which sectors are driving the surge? This visualization, created in partnership with Tema ETFs and the first post for VOLTage Week, provides visual context to the projected increase in electricity demand out to 2050. The U.S. Energy Information Administration (EIA) has broken the data down by four main sources.  What Is Electricity? Electricity is the flow of energy that powers our world. It runs everything from household appliances to industrial machinery and digital systems. Electricity comes from many sources, including fossil fuels, nuclear power, and renewables. A vast grid then delivers it to homes, businesses, and industries. In the U.S., EIA data shows electricity demand is expected to rise sharply, climbing from 3,938 terawatt-hours (TWh) in 2024 to 5,780 TWh in 2050. This is a near 50% increase as electrification accelerates. Demand Sources Four main sources drive electricity demand in the U.S.: residential, commercial, industrial, and transportation. But which ones are fueling the sharpest increases? All four are projected to grow significantly over the next 25 years. Commercial demand is expected to see the largest jump, rising from 1,397 TWh in 2024 to 2,254 TWh in 2050. This is a 61.3% increase (1.9% annualized). Much of this growth stems from soaring demand at commercial electric vehicle (EV) charging stations. Source2024 (TWh)2050 (TWh)Growth, 2024-2050 (%) Residential15072049+36.0 Commercial13972254+61.3 Industrial10261468+43.0 Transportation79+32.5 Total53428043+46.8 The industrial sector comes next, with demand climbing from 1,026 TWh to 1,468 TWh. This is a 43.0% increase (1.4% annualized). This reflects both the electrification of industrial processes and surging demand from data centers. Meanwhile, residential demand is projected to rise 36.0% (1.2% annualized). Transportation demand is set to grow 32.5% (1.1% annualized) as the shift toward EVs accelerates. Invest in the Surge As electricity demand surges across every sector, the energy transition presents a compelling opportunity for investors. Companies enabling electrification—whether through power generation and storage, grid infrastructure, or new technologies—could benefit from this long-term structural growth. The Tema Electrification ETF (VOLT) invests in the companies powering the future —from energy generation to grid modernization and power management technologies. Electrify your portfolio. Learn more about VOLT. Source: U.S. Energy Information Administration (EIA) (as of December 31, 2024) Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com. Read the prospectus carefully before investing Investing involves risk including possible loss of principal. There is no guarantee the adviser’s investment strategy will be successful. Distributor: Foreside Fund Services, LLC. More from Tema ETFs Economy2 months ago Ranked: U.S. States Gaining the Most Jobs from Reshoring As the reshoring trend accelerates, millions of manufacturing jobs are returning to American soil. But the benefits aren’t being shared equally across the country. Economy3 months ago Visualized: Reshoring Investments in the U.S. Have Surged to $1.7T Reshoring began with supply chain disruptions and sluggish job growth—now it’s gaining momentum with the White House. Markets4 months ago Ranked: 2025’s 10 Largest S&P 500 Stocks When you invest in S&P 500 stocks, you’re gaining exposure to the 500 biggest publicly traded companies in the U.S.—but not equally. Economy4 months ago Ranked: America’s $425B Trade Deficit by Product See which goods drive America’s $425B trade deficit—and why they signal key opportunities for U.S. reshoring and domestic investment. Markets4 months ago Visualized: The Rising Concentration of the S&P 500 By early 2025, the top ten companies in the S&P 500 made up nearly 40%, marking a high degree of market concentration. Markets4 months ago The Surging Value of the Magnificent 7 Versus the S&P 500 (2014-2024) The Magnificent 7 stocks have soared from $1.8T in 2014 to over $18T by 2024—but is their growing dominance making the S&P 500 concentrated? Subscribe Please enable JavaScript in your browser to complete this form.Join the 375,000+ subscribers who receive our daily email *Sign Up

See this visualization first on the Voronoi app. Use This Visualization The Top Countries by Energy Consumption Per Capita in 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. Key Takeaways Countries with smaller populations and energy-intensive industries like manufacturing, aluminum smelting, or petrochemicals rank highly in terms of energy consumption per capita. While Iceland, Qatar, and Singapore are the top three countries, North America is the region with the highest energy consumption per capita. Global energy consumption per capita continues to show striking regional disparities, shaped by industrialization, climate conditions, resource availability, and policy choices. At the country level, smaller populations with more industrialized economies reliant on heavy manufacturing or petrochemical industries rank highly among the top energy consumers per capita. This chart shows the top 15 countries by energy consumption per capita in 2024, as well as the consumption per capita across global regions using data from the Energy Institute’s Statistical Review of World Energy 2025. Iceland and Qatar Lead in Per Capita Energy Consumption Iceland had the highest per capita energy consumption worldwide in 2024 at 788 GJ per person, narrowly edging out Qatar at 769 GJ per person. RankCountryPrimary Energy Consumption in Gigajoules (GJ) per Capita in 2024 1 Iceland787.7 2 Qatar768.5 3 Singapore649.2 4 United Arab Emirates496.5 5 Kuwait383.0 6 Trinidad & Tobago381.5 7 Saudi Arabia347.2 8 Oman302.4 9 Canada298.6 10 US265.9 11 South Korea254.2 12 Russia219.4 13 Australia204.8 14 Luxembourg203.1 15 Norway200.1 Iceland’s high energy use is made possible by its abundant geothermal and hydroelectric resources, which provide near-universal access to inexpensive renewable electricity. Qatar also ranks highly since energy consumption per person is elevated due to its energy-intensive industries and reliance on air conditioning in its hot desert climate. Many of the top energy-consuming countries per capita are those with small populations but outsized energy production or extreme climate demands, such as Singapore, the United Arab Emirates, and Kuwait. Notably, Canada and Saudi Arabia remain the only two countries in the top 10 with populations above 10 million, highlighting how smaller nations dominate the per capita rankings. A Regional Look at Energy Consumption Per Person At the regional level, North America remains the world’s highest per capita energy consumer at 217 GJ per person in 2024. That’s nearly three times the global average of 73 GJ. RegionPrimary Energy Consumption in Gigajoules (GJ) per Capita in 2024 North America216.6 Commonwealth of Independent States162.7 Middle East140.5 Europe105.3 Asia Pacific63.9 South and Central America48.9 Africa13.9 World72.6 The gap between regions underscores the energy divide. North America’s energy use contrasts starkly with Africa’s 14 GJ per capita, reflecting the differences in access to energy infrastructure. Europe, at 105 GJ per capita, and the Middle East, at 141 GJ per capita, remain significant consumers. The Commonwealth of Independent States also stands out at 163 GJ per capita, driven by energy-intensive economies like Russia and Kazakhstan. Learn More on the Voronoi App To learn about how different countries’ electricity demand per capita has changed over time, check out this graphic on Voronoi, the new app from Visual Capitalist.

See this visualization first on the Voronoi app. Use This Visualization Salary by Education Level in the United States 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. Key Takeaways Earnings increase with higher levels of education, ranging from a median annual salary of $48,360 for those with just a high school diploma to $122,876 for professional degree holders. The largest salary jump occurs at the bachelor’s degree level, highlighting the value of a four-year college education. In the U.S., the connection between education and income is stark, with higher education leading to higher median earnings consistently. This visualization highlights how median annual salaries change at each successive level of educational attainment in the United States, using data from the Bureau of Labor Statistics for 2024.   Earnings by Education Level in the U.S. in 2024 Annual median earnings vary significantly across education levels in the U.S., ranging from a median of just $38,376 for those with no high school education to a high of $122,876 for professional degree holders. The data table below has the annual median salary by education level in the United States for 2024: Education levelAnnual median earnings Professional degree$122,876 Doctoral degree$118,456 Master's degree$95,680 Bachelor's degree$80,236 Associate's degree$57,148 Some college (no degree)$53,040 High school diploma$48,360 Less than a high school diploma$38,376 Doctoral degree holders in the U.S. earn an annual median of $118,456, and have one of the largest salary differences the previous level of education, earning $22,776 more than masters degree holders (who earn an annual median of $95,680). The earnings increase of getting a master’s degree after a bachelor’s isn’t as large of a gap at $15,444, due to the relatively high median salary of $80,236 for bachelor’s degree holders. The Bachelor’s Degree Salary Premium The most pronounced gap appears between associate and bachelor’s degree holders. Earning a bachelor’s degree adds $23,088 to the median salary compared to an associate degree. That’s a 40% increase over associate degree holders’ annual median salary of $57,148. This underscores the financial advantage of completing a four-year college program, even if graduate study is not pursued. While not as large of a dollar increase, earning a high school diploma is also quite valuable, adding $9,984 to annual median earnings. This ends up being a 26% salary increase over the $38,376 median for those with no high school diploma, and is the second-largest salary increase between education levels after that of the bachelor’s degree. It’s worth keeping in mind that along with boosting earning power, each level of education also likely improves job stability and long-term career growth. Learn More on the Voronoi App To learn more about how salaries in the U.S. vary across different groups, check out this visualization comparing annual salary by age on Voronoi, the new app from Visual Capitalist.