Swing State Savings Infographic
1
SWING STATE SAVINGS WILL AMERICANS BE VOTING WITH THEIR WALLETS? OF 9 SWING STATES, 4 SAW SAVINGS DECREASE IN 2011 In 2011, average savings account balances fell in absolute terms in 4 swing states - Nevada, Colorado, Ohio and Florida - when compared to the averages for 2010. Savings account balances grew slower than the inflation rate in 3 additional battleground states - Virginia, North Carolina and Wisconsin - representing a decline in the real value of these accounts. NATIONAL AVG NATIONAL RESULTS: HOW DOES YOUR STATE MEASURE UP? ABOUT THE DATA BEST SAVERS WORST SAVERS At the national level, the average savings balance increased by 3% from $5,753 to $5,923, just below the rate of inflation. Americans across the country are facing challenging conditions for saving. With the economy widely tipped to be a determining factor in this year’s election, Pitney Bowes Software today released new data showing a decline in consumers’ average savings account balances in 4 out of 9 battleground states. New Jersey New York Connecticut Nevada New Mexico Arizona Nevada 2010 2011 $4,794 $4,697 2010 2011 $5,392 $5,324 2010 2011 $5,867 $6,216 -2.02% Colorado -1.26% Iowa +5.95% 2010 2011 $5,608 $5,564 2010 2011 $5,904 $6,005 2010 2011 $5,849 $5,886 -0.78% +1.71% +0.63% 2010 2011 $6,203 $6,562 2010 2011 $5,410 $5,415 2010 2011 $6,271 $5,588 +5.79% +0.09% -10.89% Ohio Wisconsin Virginia North Carolina Florida 2010 2011 $7,477 $7,872 2010 2011 $6,455 $7,691 2010 2011 $6,914 $7,402 +5.28% +19.15% +7.06% 2010 2011 $4,515 $4,119 2010 2011 $4,466 $4,406 2010 2011 $4,794 $4,697 -8.77% -1.34% -2.02% New Hampshire 2010 2011 $2,947 $3,100 +5.20% Annual Consumer Savings Account Averages State 2010 2011 % Change 1 New Jersey $7,477 $7,872 5.28% 2 New York $6,455 $7,691 19.15% 3 Connecticut $6,914 $7,402 7.06% 4 Massachusetts $6,847 $6,989 2.07% 5 Hawaii $6,242 $6,974 11.73% 6 Rhode Island $6,655 $6,668 0.20% 7 North Dakota $6,157 $6,623 7.57% 8 South Dakota $5,779 $6,568 13.65% 9 New Hampshire $6,203 $6,562 5.79% 10 Illinois $6,183 $6,466 4.58% 11 Pennsylvania $6,339 $6,372 0.52% 12 District of Columbia $5,835 $6,329 8.47% 13 Iowa $5,867 $6,216 5.95% 14 Louisiana $5,013 $6,057 20.83% 15 Maryland $6,072 $6,055 -0.28% 16 Kansas $5,440 $6,008 10.44% 17 Wisconsin $5,904 $6,005 1.71% 18 Maine $5,618 $5,986 6.55% 19 Nebraska $5,726 $5,972 4.30% 27 Minnesota $5,298 $5,633 6.32% 28 Alabama $5,302 $5,590 5.43% 29 Florida $6,271 $5,588 -10.89% 30 Delaware $6,034 $5,581 -7.51% 31 Montana $5,363 $5,573 3.92% 32 Mississippi $5,486 $5,570 1.53% 33 Ohio $5,608 $5,564 -0.78% 34 Tennessee $5,327 $5,555 4.28% 35 Kentucky $5,521 $5,546 0.45% 36 Alaska $4,888 $5,541 13.36% 37 West Virginia $5,345 $5,519 3.26% 38 Michigan $5,550 $5,494 -1.01% 39 Washington $5,503 $5,456 -0.85% 40 Arkansas $5,407 $5,427 0.37% 41 North Carolina $5,410 $5,415 0.09% 42 Texas $5,084 $5,383 5.88% 43 Idaho $5,165 $5,363 3.83% 44 Oklahoma $4,955 $5,344 7.85% 45 Colorado $5,392 $5,324 -1.26% 46 Oregon $5,248 $5,268 0.38% 47 South Carolina $5,190 $5,230 0.77% 48 Georgia $5,090 $5,183 1.83% 49 Nevada $4,794 $4,697 -2.02% 50 Arizona $4,466 $4,406 -1.34% 51 New Mexico $4,515 $4,119 -8.77% 20 Virginia $5,849 $5,886 0.63% 21 Utah $5,496 $5,873 6.86% 22 Wyoming $5,732 $5,838 1.85% 23 Missouri $5,666 $5,818 2.68% 24 Vermont $5,230 $5,798 10.86% 25 California $5,733 $5,785 0.91% 26 Indiana $5,301 $5,650 6.58% Rank Annual Consumer Savings Account Averages State 2010 2011 % Change Rank Geocoded account level data for over 100 million unique account records from commercial banks in the U.S. was analyzed in conjunction with over 200 block group-level demographic elements and MSA variables. Swing state source: http://www.politico.com/2012-election/swing-state/ ABOUT PITNEY BOWES SOFTWARE Pitney Bowes Software provides multi-channel solutions that leverage data to create relevant dialogue between organizations and their customers. These solutions enable lifetime customer relationships by integrating data management, location intelligence, sophisticated predictive analytics, rules-based decision making and cross-channel customer interaction management to increase the value of every customer communication while also delivering operational efficiencies. Pitney Bowes Software is a wholly-owned subsidiary of Pitney Bowes Inc. (NYSE:PBI), a customer communications management technology leader. For more information, please visit www.pb.com/software and www.pb.com
-
Upload
pitney-bowes -
Category
News & Politics
-
view
325 -
download
0
Transcript of Swing State Savings Infographic
SWING STATE SAVINGSWILL AMERICANS BE VOTINGWITH THEIR WALLETS?
OF 9 SWING STATES, 4 SAW SAVINGS DECREASE IN 2011In 2011, average savings account balances fell in absolute terms in 4 swing states - Nevada, Colorado, Ohio and Florida - when compared to the averages for 2010. Savings account balances grew slower than the inflation rate in 3 additional battleground states - Virginia, North Carolina and Wisconsin - representing a decline in the real value of these accounts.
NATIONAL AVG
NATIONAL RESULTS: HOW DOES YOUR STATE MEASURE UP?
ABOUT THE DATA
BEST SAVERS WORST SAVERS
At the national level, the average savings balance increased by 3% from $5,753 to $5,923, just below the rate of inflation. Americans across the country are facing challenging conditions for saving.
With the economy widely tipped to be a determining factor in this year’s election,
Pitney Bowes Software today released new data showing a decline in consumers’
average savings account balances in 4 out of 9 battleground states.
New Jersey
New York
Connecticut
Nevada
New Mexico
Arizona
Nevada
2010 2011
$4,7
94
$4,6
97
2010 2011
$5,3
92
$5,3
24
2010 2011
$5,8
67
$6,2
16
-2.02%Colorado
-1.26%Iowa
+5.95%
2010 2011
$5,6
08
$5,5
64
2010 2011
$5,9
04
$6,0
05
2010 2011
$5,8
49
$5,8
86
-0.78%
+1.71%
+0.63%
2010 2011
$6,2
03
$6,5
62
2010 2011
$5,4
10
$5,4
15
2010 2011
$6,2
71
$5,5
88
+5.79%
+0.09%
-10.89%
Ohio
Wisconsin
Virginia
NorthCarolina
Florida
2010 2011
$7,4
77
$7,8
72
2010 2011
$6,4
55
$7,6
91
2010 2011
$6,9
14
$7,4
02
+5.28%
+19.15%
+7.06%
2010 2011
$4,5
15
$4,11
9
2010 2011
$4,4
66
$4,4
06
2010 2011
$4,7
94
$4,6
97
-8.77%
-1.34%
-2.02%
New Hampshire
2010 2011
$2,9
47
$3,1
00
+5.20%
Annual Consumer Savings Account Averages
State 2010 2011 % Change
1 New Jersey $7,477 $7,872 5.28% 2 New York $6,455 $7,691 19.15% 3 Connecticut $6,914 $7,402 7.06% 4 Massachusetts $6,847 $6,989 2.07% 5 Hawaii $6,242 $6,974 11.73% 6 Rhode Island $6,655 $6,668 0.20% 7 North Dakota $6,157 $6,623 7.57% 8 South Dakota $5,779 $6,568 13.65% 9 New Hampshire $6,203 $6,562 5.79%
10 Illinois $6,183 $6,466 4.58% 11 Pennsylvania $6,339 $6,372 0.52% 12 District of Columbia $5,835 $6,329 8.47% 13 Iowa $5,867 $6,216 5.95% 14 Louisiana $5,013 $6,057 20.83% 15 Maryland $6,072 $6,055 -0.28% 16 Kansas $5,440 $6,008 10.44% 17 Wisconsin $5,904 $6,005 1.71% 18 Maine $5,618 $5,986 6.55% 19 Nebraska $5,726 $5,972 4.30%
27 Minnesota $5,298 $5,633 6.32% 28 Alabama $5,302 $5,590 5.43% 29 Florida $6,271 $5,588 -10.89% 30 Delaware $6,034 $5,581 -7.51% 31 Montana $5,363 $5,573 3.92% 32 Mississippi $5,486 $5,570 1.53% 33 Ohio $5,608 $5,564 -0.78% 34 Tennessee $5,327 $5,555 4.28% 35 Kentucky $5,521 $5,546 0.45% 36 Alaska $4,888 $5,541 13.36% 37 West Virginia $5,345 $5,519 3.26% 38 Michigan $5,550 $5,494 -1.01% 39 Washington $5,503 $5,456 -0.85% 40 Arkansas $5,407 $5,427 0.37% 41 North Carolina $5,410 $5,415 0.09% 42 Texas $5,084 $5,383 5.88% 43 Idaho $5,165 $5,363 3.83% 44 Oklahoma $4,955 $5,344 7.85% 45 Colorado $5,392 $5,324 -1.26% 46 Oregon $5,248 $5,268 0.38% 47 South Carolina $5,190 $5,230 0.77% 48 Georgia $5,090 $5,183 1.83% 49 Nevada $4,794 $4,697 -2.02% 50 Arizona $4,466 $4,406 -1.34% 51 New Mexico $4,515 $4,119 -8.77%
20 Virginia $5,849 $5,886 0.63% 21 Utah $5,496 $5,873 6.86% 22 Wyoming $5,732 $5,838 1.85% 23 Missouri $5,666 $5,818 2.68% 24 Vermont $5,230 $5,798 10.86% 25 California $5,733 $5,785 0.91% 26 Indiana $5,301 $5,650 6.58%
RankAnnual Consumer Savings Account Averages
State 2010 2011 % Change Rank
Geocoded account level data for over 100 million unique account records from commercial banks in the U.S. was analyzed in conjunction with over 200 block group-level demographic elements and MSA variables. Swing state source: http://www.politico.com/2012-election/swing-state/
ABOUT PITNEY BOWES SOFTWAREPitney Bowes Software provides multi-channel solutions that leverage data to create relevant dialogue between organizations and their customers. These solutions enable lifetime customer relationships by integrating data management, location intelligence, sophisticated predictive analytics, rules-based decision making and cross-channel customer interaction management to increase the value of every customer communication while also delivering operational e�ciencies.
Pitney Bowes Software is a wholly-owned subsidiary of Pitney Bowes Inc. (NYSE:PBI), a customer communications management technology leader.
For more information, please visit www.pb.com/software and www.pb.com
![Shock Value: Costs, Savings, and Hazards of Electricity [Infographic]](https://static.fdocuments.us/doc/165x107/55adae2e1a28abc1568b46ab/shock-value-costs-savings-and-hazards-of-electricity-infographic.jpg)
