Food Stamps As Of February 2012

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 February 1, 2012, reflecting November 2011 levels. …

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Fairness Of The U.S. Economic System

On January 25, Gallup published poll results in a release titled “Americans Divided on Whether U.S. Economic System Is Unfair.” In the poll results, it is seen that 45% think the economic system is “fair” while 49% think it is “unfair,” with 6% having “no opinion.” The poll also asks “Do you think the U.S. …

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Durable Goods New Orders – Long-Term Charts Through December 2011

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 December, last updated on January 26.  This December value is 214,522 ($ Millions) : – Here …

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Consumer Confidence Surveys – As Of 12-30-11

In yesterday’s post (“4 Confidence Charts – December 2011“) I displayed four charts indicating various long-term consumer and small business confidence readings as compared to the S&P500. Doug Short had a blog post of December 27 (“Consumer Confidence at an Eight-Month High“) in which he presents the Conference Board and University of Michigan charts in …

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4 Confidence Charts – December 2011

Here are four charts reflecting confidence survey readings.  These are from the SentimenTrader.com site. I find these charts valuable as they provide a long-term history of each survey, which is rare. Each survey chart is plotted in blue, below the S&P500: (click on each chart to enlarge image) Conference Board Consumer Confidence, last updated 12-27-11: – …

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“America’s New Poor” Segment – Notable Excerpts

Yesterday, CBS aired a segment on its “Sunday Morning” show titled “America’s new poor.” While dynamics similar to those discussed in the segment have been noted in previous posts on this blog, this segment is yet another notable reminder of the changing economic condition and the growing need for food assistance.  This segment focuses on …

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