Inflation Archives - Neighborhood Nexus

December 15, 2023 / Basic Needs, Civic Engagement, Economics, Equity, Hispanic, Immigration, Inflation

Inflation and cost of living ranked as top concern for Latinos in GeorgiaImage

Puente para la Gente is an initiative from GALEO, GALEO Impact Fund, the Latinx Alliance, and other organizations to encourage participation all over Georgia. The 2023 survey, curated by BSP Research, captured what is needed, wanted, and what is contributed by the Latinx community.

Key takeaways:

Nearly half of Latinos in Georgia cite inflation and cost of living (47%) as the most important issue to address, followed by improving wages and jobs (35%) and lowering the cost of health care (30%).
17% cited women’s reproductive rights and abortion rights as a top issue in the community and 71% of Latinos said they strongly support passing a law guaranteeing access to abortion for people who need it.
A large majority of respondents expressed support for policies to improve access to higher education regardless of immigration status, safeguarding voting rights for all Americans, and affordable housing and renters’ rights.
At least half of the respondents had to postpone medical care due to economic hardships. Other reasons for economic distress were the need to have a second job or side hustle and postponing paying certain bills.
Climate change and other environmental issues are issues of great concern for respondents.

See the detailed results of the survey and the press conference here.

September 24, 2023 / Basic Needs, Economics, Equity, Inflation

U.S. Poverty Increased as pandemic-era programs endedImage

You may have noticed a drastic decrease in child poverty over the last couple of years. Now, you’ll see a dramatic increase as pandemic-era social safety net programs ended.

Based on the latest report on U.S. poverty by the census, the supplemental child poverty rate more than doubled, from 5.2 percent in 2021 to 12.4 percent in 2022.

The U.S. Census Bureau measures poverty in two ways every year. The first, called the official poverty measure, is based on cash resources. The second measure, the Supplemental Poverty Measure (SPM), includes both cash and noncash benefits and subtracts necessary expenses (such as taxes and medical expenses).

The report explains, “Social Security continued to be the most important antipoverty program in 2022, moving 28.9 million people out of SPM poverty. Meanwhile, refundable tax credits moved 6.4 million people out of SPM poverty, down from 9.6 million people in 2021”.

Charts are from The New York Times.

May 11, 2022 / Basic Needs, Food, Inflation

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Both the pandemic and higher prices have increased reliance on nonprofits. The Atlanta Community Food Bank’s (ACFB) President and CEO Kyle Waide said, “The current challenges that we’re all experiencing with higher prices, for gas, for food, for supplies, are causing demand for food assistance to increase and it’s making it more expensive and more challenging for the food bank to respond to that demand.” With high inflation and increasing demand for their services, ACFB’s food costs are 30% higher this year than last year.

Real-Time Insights

Inflation and cost of living ranked as top concern for Latinos in GeorgiaImage

U.S. Poverty Increased as pandemic-era programs endedImage

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