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A Mixed Bag: Building authorizations, existing home sales and foreclosures slower than last month
<br />Data from the NC Association of Realtors show an 11 percent decrease in existing home sales this month.
<br />Building permits decreased as well, from 2,463 in June to 1,940 in July. A positive for the economy, foreclosure
<br />filings decreased compared to last month and were 47.5 percent lower than the same month last year.
<br />Rea ltyTrac; N.C. Assoc. of Realtors, Existing Homes Sales Data; U.S. Census, Table 2 -New Privately Owned Housing Units Authorized
<br />Number of individuals receiving food and nutritional services continues post- recessionary growth
<br />Each month the Division of North CarolinaFoodandNutritionServices :IndividualsonActiveCases
<br />Social Services (DSS), a part April 2007 - July 2011
<br />of the Department of Health
<br />and Human Services (DHHS)
<br />in North Carolina, releases
<br />data for each county
<br />detailing the number of
<br />individuals receiving aid from
<br />the federally funded Food
<br />and Nutrition Services (FNS)
<br />program'. FNS benefits are
<br />oftentimes referred to as
<br />Food Stamps, although
<br />benefits are now issued via
<br />Electronic Benefit Transfer
<br />1,700,000
<br />1,600,000
<br />1,500,000
<br />1,400,000
<br />1,300,000
<br />1,200,000
<br />1,100,000
<br />1,000,000
<br />900,000
<br />800,000
<br />US Recession
<br />Individuals
<br />oA oA oA o� o� o�' o`� o� o`� o o`� yo y o d o do titi titi tit
<br />PQ t ���. Or a ,a p. PQ c � O �� ,a p. PQ c � Cc .. NI P PQ c � OAK lap PQ �. ,J �.
<br />Source: North Carolina Department of Health and Human Services; Division of Social Services FNS Caseload Statistics
<br />cards (EBT cards). The FNS program in North Carolina is part of the larger federal Supplemental Nutrition
<br />Assistance Program (SNAP). The published data for the program goes back to April of 2007 and shows the
<br />number of people in the State using federal benefits to purchase food for themselves and their household.
<br />The recent recession's official start date was December 2007, but North Carolina started feeling the recession's
<br />effects a few months later. Despite the delay, the effects were significant. From April 2007 to April 2008 an
<br />average of 5,700 additional individuals utilized FNS benefits each month in North Carolina. After April 2008
<br />and continuing through July of this year, 17 thousand additional individuals, on average, were receiving FNS
<br />benefits each month. The difference between the two figures means the recession, directly or indirectly,
<br />added 450 thousand people to the FNS program from April 2008 to July 2011 that may otherwise not have
<br />entered the program. The table to the right shows FNS
<br />recipients as a percent of the population (FNS Recipients are
<br />the number of people covered by SNAP and may include
<br />more than one person per household). The proportion using
<br />benefits has increased nearly 7 percentage points since July
<br />2007. A special thanks to Jenni Albright from DHHS and Paula
<br />Brown of DSS for helping compile and interpret this data.
<br />Date
<br />FNS
<br />Recipients
<br />North Carolina
<br />Population
<br />% using FNS
<br />Benefits
<br />July 2007
<br />892,615
<br />9,082,723
<br />9.8%
<br />North Carolina
<br />Housing Market Statistics
<br />Previous Month
<br />Last Year -Same Month
<br />10.5%
<br />July 2009
<br />Jun -11
<br />Jul -11
<br />(7/11 compared to 6/11)
<br />(7/11 compared to 7/10)
<br />12 Month Average
<br />9,572,454
<br />(revised)
<br />(Preliminary)
<br />Change I %Change
<br />Change I %Change
<br />(Beg. of8/10 - End of 7/11)
<br />Properties with Foreclosure Filings
<br />3,073
<br />2,567
<br />(506)
<br />-16.5%
<br />(2,322)
<br />-47.5%
<br />3,391
<br />Existing Homes - Units Sold
<br />8,435
<br />7,487
<br />(948)
<br />-11.2%
<br />715
<br />10.6%
<br />6,433
<br />Housing Units Auth. by Bldg. Permit
<br />1 2,4631
<br />1,940
<br />(523)
<br />-21.2%
<br />(198)
<br />-9.3%1
<br />1,944
<br />Rea ltyTrac; N.C. Assoc. of Realtors, Existing Homes Sales Data; U.S. Census, Table 2 -New Privately Owned Housing Units Authorized
<br />Number of individuals receiving food and nutritional services continues post- recessionary growth
<br />Each month the Division of North CarolinaFoodandNutritionServices :IndividualsonActiveCases
<br />Social Services (DSS), a part April 2007 - July 2011
<br />of the Department of Health
<br />and Human Services (DHHS)
<br />in North Carolina, releases
<br />data for each county
<br />detailing the number of
<br />individuals receiving aid from
<br />the federally funded Food
<br />and Nutrition Services (FNS)
<br />program'. FNS benefits are
<br />oftentimes referred to as
<br />Food Stamps, although
<br />benefits are now issued via
<br />Electronic Benefit Transfer
<br />1,700,000
<br />1,600,000
<br />1,500,000
<br />1,400,000
<br />1,300,000
<br />1,200,000
<br />1,100,000
<br />1,000,000
<br />900,000
<br />800,000
<br />US Recession
<br />Individuals
<br />oA oA oA o� o� o�' o`� o� o`� o o`� yo y o d o do titi titi tit
<br />PQ t ���. Or a ,a p. PQ c � O �� ,a p. PQ c � Cc .. NI P PQ c � OAK lap PQ �. ,J �.
<br />Source: North Carolina Department of Health and Human Services; Division of Social Services FNS Caseload Statistics
<br />cards (EBT cards). The FNS program in North Carolina is part of the larger federal Supplemental Nutrition
<br />Assistance Program (SNAP). The published data for the program goes back to April of 2007 and shows the
<br />number of people in the State using federal benefits to purchase food for themselves and their household.
<br />The recent recession's official start date was December 2007, but North Carolina started feeling the recession's
<br />effects a few months later. Despite the delay, the effects were significant. From April 2007 to April 2008 an
<br />average of 5,700 additional individuals utilized FNS benefits each month in North Carolina. After April 2008
<br />and continuing through July of this year, 17 thousand additional individuals, on average, were receiving FNS
<br />benefits each month. The difference between the two figures means the recession, directly or indirectly,
<br />added 450 thousand people to the FNS program from April 2008 to July 2011 that may otherwise not have
<br />entered the program. The table to the right shows FNS
<br />recipients as a percent of the population (FNS Recipients are
<br />the number of people covered by SNAP and may include
<br />more than one person per household). The proportion using
<br />benefits has increased nearly 7 percentage points since July
<br />2007. A special thanks to Jenni Albright from DHHS and Paula
<br />Brown of DSS for helping compile and interpret this data.
<br />Date
<br />FNS
<br />Recipients
<br />North Carolina
<br />Population
<br />% using FNS
<br />Benefits
<br />July 2007
<br />892,615
<br />9,082,723
<br />9.8%
<br />July 2008
<br />973,999
<br />9,269,633
<br />10.5%
<br />July 2009
<br />1,209,776
<br />9,424,782
<br />12.8%
<br />July 2010
<br />1,393,165
<br />9,572,454
<br />14.6%
<br />July 2011
<br />1,614,848
<br />9,721,198(P)
<br />16.6%
<br />' FNS program data can be found on the North Carolina DSS website
<br />2 The North Carolina Office of State Budget and Management produces state population estimates for July of each year.
<br />Current population estimates can be found here. The July 2011 population figure is a projected total.
<br />Policy, Research & Strategic Planning; August M1cPrRtfptnber 1
<br />1 -1 Page 450
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