America's Economic Future – A Discussion By Ted Kavadas
On August 7, Gallup released the poll results titled “Economic Confidence Slips in July, for Second Month in a Row.” The subtitle is “Economic outlook falls to a new 2012 low.” Two of the most notable excerpts: Gallup’s Economic Confidence Index averaged -26 in July, a decline from -22 in June, and close to the 2012 …
This post is the latest update to a series of blog posts seen on the CalculatedRisk.com blog. The original blog post of April 12, 2010, is titled “Recession Measures.” In it, Bill discussed key measures that the NBER uses to determine recoveries, and posted four charts. Here are those charts, updated in his August 5, 2012 post titled “Update: …
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 second quarter of 2012, and were last updated as of July 27, 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 June, last updated on July 26. This value is 221,626 ($ Millions) : (click on charts …
Doug Short had a blog post of July 13 (“Michigan Consumer Sentiment: A Case Of The Summer Blues“) 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 …
On July 3, Gallup released the poll results titled “Economic Confidence Retreats From May’s Improved Level.” The subtitle is “Confidence in June slid more among high-income than lower-income Americans.” Three of the most notable excerpts: The Gallup Economic Confidence Index averaged -22 in June, down from -17 in May and reverting to the -22 recorded 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 May, last updated on June 27. This value is 217,154 ($ Millions) : (click on charts …
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 May 31, 2012, reflecting March 2012 levels. …
Yesterday, the Federal Reserve released a report titled “Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances.” (pdf) This report is issued every three years. The report is 80 pages long. However, some of the summary statistics have been widely reported, such as in today’s Wall Street Journal …
In the June 8 post (“Total Household Net Worth As A Percent Of GDP 1Q 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:Q1). The last value (as of June 8, …