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 …
Here are three charts from the St. Louis Fed depicting the velocity of money in terms of the MZM, M1 and M2 money supply measures. All charts reflect quarterly data through the third quarter of 2012, and were last updated as of October 26, 2012. As one can see, two of the three measures are at all-time …
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, here are a few charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through September, last updated on October 25. This value is 218,238 ($ Millions) : (click on charts …
With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 17 “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 listed on …
This post is an update to previous posts concerning food stamps. The program is officially called “Supplemental Nutrition Assistance Program,” or SNAP. As stated on the SNAP website, “As of Oct. 1, 2008, Supplemental Nutrition Assistance Program (SNAP) is the new name for the federal Food Stamp Program.” The data was last updated September 28, 2012, reflecting July 2012 levels. …
On October 2, Gallup released the poll results titled “Monthly U.S. Economic Confidence Up Sharply in September.” The subtitle is “Confidence surged in early September and remained elevated throughout the month.” Three of the most notable excerpts: The Gallup Economic Confidence Index averaged -19 in September, up from -27 in August and nearly matching the -17 seen in …
Many people place emphasis on Durable Goods New Orders as a prominent economic indicator and/or leading economic indicator. For reference, here are a few charts depicting this measure. First, from the St. Louis Fed site (FRED), a chart through August, last updated on September 27. This value is 198,494 ($ Millions) : (click on charts …
Doug Short had a blog post of September 25 (“September Consumer Confidence Surprises to the Upside“) in which he presents the 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 …
In the September 20 post (“Total Household Net Worth As A Percent Of GDP 2Q 2012“) I displayed a long-term chart depicting Total Household Net Worth as a percentage of GDP. For reference purposes, here is Total Household Net Worth from a long-term perspective (from 1949:Q4 to 2012:Q2). The last value (as of September 21, …
The following chart is from the CalculatedRisk blog post of September 20, 2012 titled “Fed’s Q2 Flow of Funds: Household Mortgage Debt down $1 Trillion from Peak.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from The Federal Reserve Flow of Funds 2Q 2012 report: (click on chart to enlarge image) …