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economy

So, How Much Money Are Banks Borrowing Thanks To The Mortgage Meltdown?

Here's a graph from the Federal Reserve Bank of St. Louis that shows, historically, how much money banks have borrowed from the Federal Reserve. More »

graphs

Verizon Was The Most Frequent Target For Identity Theft Scams In 2007

Identity theft reports to the Federal Trade Commission show that Verizon was the most frequently named company, averaging over 900 events per month in 2007. According to an updated study by Chris Hoofnagle, senior fellow at the Berkeley Center for Law and Technology, the number of complaints involving Verizon nearly tripled from 2006. Rounding out the top five are AFNI (a collection agency), JP Morgan Chase, AT&T, and Capital One. More »

graphs

Pretty Graphs Track Drowning Dollar

These graphs by GOOD magazine show how much the dollar has sunk against various currencies from May 07-April 08. But don't feel too bad, folks, at least we're giving the South African Rand a thorough drubbing.

Currency: The Sinking Dollar [GOOD]


graphs

Visualizing Inflation As A Pile Of Mold

The NYT has a cool graphic up that shows all the parts of the Consumer Price Index and uses a color scheme to show how much they've gone up by in the past year. Go to the version on their site so you can zoom in closer on all the cells. It looks like a horribly growing fungus inside a petri dish, which I guess is not far from the truth.

All of Inflation’s Little Parts [NYT] (Thanks to Natan!)


inflation

Consumer Price Index Shows That Consumers Like Eating Out, Gasoline

The New York Times made a pretty cool graph out of the Consumer Price Index, which tracks changes in prices for many consumer goods over the past year. Turns out, gas prices went up. More »

With consumers pounded by dissapearing jobs, and rising gas and food prices, food stamp use is projected to reach record levels in 2008 and 2009. [NYT]

careers

Estimated Hourly Wages For The Lowest Paying Jobs In The U.S.

The blog Political Calculations took data from the Congressional Budget Office, "which published a study of the lowest-wage workers in the U.S. from 1979 through 2005," and looked at the occupations of the bottom 20% of earners in the U.S. Then it took a chart of the 10 full-time jobs with the lowest annual earnings as compiled by BizJournals.com and estimated the hourly wage based on 40-hour weeks. Conclusion: don't plan on operating a Tilt-a-Whirl and retiring comfortably. More »

graphs

HSBC Is The Most Identity-Theft Prone Bank

If you're a customer with Bank of America or HSBC, you're more likely to be a victim of identity theft, according to a new report. Chris Hoofnagle, a senior fellow at the Berkeley Center for Law and Technology at the University of California at Berkeley, compiled a list of all the banks mentioned in identity theft complaints filed with the FTC for January, March and September of 2006. Bigger banks obviously have more incidents, so Hoofnagle factored in their total number of deposits."I've been working for years to try to spark a market, a true market, for competition on preventing fraud," Hoofnagle told the NYT. "Some of these institutions have attempted to compete based on advertisements, but I'm a real believer in the idea that if you give consumers information, they can make better decisions." This is only a fraction of the banks included, showing the worst offenders. Full graphs, inside... More »

rankings

Latest ACSI Survey Is Out: You Really Like Dollar General

The American Customer Satisfaction Index has released its latest scores of retail businesses, so we thought we'd take a look at the department store rankings by constructing a handy graph. When it comes to customer satisfaction, apparently Dollar General is doing something right—and Wal-Mart, as usual, is doing lots of things wrong. More »

graphs

How You Spend Your Money

Our brain nearly broke looking at this graph the New York Times published this weekend called How Americans Spend Their Money (click to enlarge). By the looks of it, poor people spend twice as much as they earn in taxable income. Rich people outspend the middle fifth on financial stuff by a factor of ~20:1. What the middle fifth and the lowest fifth spend on goods and services is closer than what the middle fifth and the highest fifth spend. The lowest fifth financial flows are very much in the negative. And that's about all the staring at a crazy graph we can do for the moment. What other trends can you see?

You Are What You Spend [NYT]