America's Economic Future – A Discussion By Ted Kavadas
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, …
The following chart is from the CalculatedRisk blog post of June 7, 2012 titled “Fed’s Q1 Flow of Funds: Household Real Estate Value increased in Q1.” It depicts Total Household Net Worth as a Percent of GDP. The underlying data is from The Federal Reserve Flow of Funds 1Q 2012 report: (click on chart to enlarge image) As …
In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007. For reference purposes, here is an updated chart from Doug Short’s blog post of June 6 …
On June 5, Gallup released the poll results titled “U.S. Economic Confidence Up in May, Steady Last Weekend.” The subtitle is “Confidence improved to -17 in May, the highest monthly average in over four years.” Three of the most notable excerpts: Gallup’s Economic Confidence Index averaged -17 in May, improved over the -20 averages recorded in …