America's Economic Future – A Discussion By Ted Kavadas
I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic …
On September 2, 2014 Gallup released the poll results titled “U.S. Economic Confidence Index Stable in August at -16.” The subtitle is “Current conditions index unchanged at -14 for fifth month.” Notable excerpts include: Gallup’s U.S. Economic Confidence Index was steady at -16 in August. This score falls within the -14 to -17 range that the …
Doug Short had a blog post of August 29, 2014 (“August Michigan Consumer Sentiment Bounced Back“) in which he presents the latest Conference Board Consumer Confidence and Thomson/Reuters University of Michigan Consumer Sentiment Index charts. They are presented below: (click on charts to enlarge images) – – There are a few aspects of the above charts that I …
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, below are charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through July, last updated on August 26, 2014. This value is 300,123 ($ Millions) : (click on charts to …
With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 39 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near …
Yesterday (August 18, 2014) Feeding America released the “Hunger in America 2014” report. As stated: Hunger in America 2014 is the sixth and most comprehensive study undertaken. The 2014 study reveals that each year, the Feeding America network of food banks provides service to 46.5 million people in need across the United States, including 12 million children …
I found various notable items in Walmart’s Q2 2015 management call transcript (pdf) dated May 14, 2014. (as well, there is Walmart’s press release of the Q2 results) I view Walmart’s results and comments as particularly noteworthy given their retail prominence and focus on low prices. I have previously commented on their quarterly conference call comments; these previous posts are found under …
In the February 24 post, titled “Economic Expansion, Recession Or Depression?” I discussed whether the U.S. economy was then in an economic recovery, economic recession, or economic depression. In that post, I highlighted the Marist Poll results of February 5, in which 61% of respondents believe that the U.S. economy is in a recession. Recently, there have …
In the August 7, 2014 post (“Thoughts Concerning The Next Financial Crisis“) I mentioned a “widespread ‘paycheck to paycheck’” situation as well as other signs indicating widespread weak financial wherewithal. Another recently released report provides details as to the financial situation experienced by Americans. This report is the Federal Reserve report released August 7, 2014, …
On August 5, 2014 Gallup released the poll results titled “In U.S., Economic Confidence Dips Two Points in July.” The subtitle is “Americans’ economic outlook worsens.” Notable excerpts include: Gallup’s Economic Confidence Index fell two points in July to -17, which is the lowest index reading since March. also: Gallup’s Economic Confidence Index is the average of …