9 June 2024 – The Fund Society

Mapped: U.S. States by Cost Per Prisoner

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June 9, 2024

See this visualization first on the Voronoi app.

Mapped: U.S. States by Cost Per Prisoner

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

The U.S. has a prison population of over 1.2 million inmates.

In this map, we show the cost per prisoner across U.S. states, using data from USAFacts.

USAFacts sourced spending data from the U.S. Census Bureau’s Annual Survey of State and Local Government Finances (last updated in June 2023), and prison population data from the Bureau of Justice Statistics (last updated November 2023).

Differences in Prison Spending Vary Widely Across States

More than $80 billion is spent annually on prisons in the United States.

A large part of this is used to pay over 4,000 vendors that serve the criminal legal system, including healthcare providers and food suppliers.

At the state level, most of the budget goes for day-to-day operations, including officer salaries.

In high-wage states such as California, New Jersey, and Massachusetts, officers receive double the salaries compared to those in lower-wage states like Mississippi, Missouri, and Kentucky.

As a result, spending can vary from just under $23,000 per prisoner in Arkansas to $307,468 in Massachusetts.

StateExpenditure per prisoner (USD) Massachusetts307K Vermont134K New Jersey133K California128K Maine117K Rhode Island117K New York116K Maryland114K New Mexico113K Washington108K Connecticut103K Alaska93K Delaware91K Nebraska88K North Dakota84K West Virginia82K Minnesota80K Oregon79K Colorado76K Wyoming75K New Hampshire74K Utah73K Illinois68K Pennsylvania67K Michigan65K Wisconsin64K Montana64K North Carolina63K Hawaii62K Virginia61K Kansas49K South Dakota49K Ohio44K Idaho42K Iowa42K Florida42K Arizona41K Nevada40K Tennessee39K South Carolina38K Kentucky36K Indiana33K Alabama33K Missouri32K Oklahoma32K Texas31K Georgia30K Louisiana25K Mississippi24K Arkansas23K States With the Highest

Labour to pledge better deal for Port Talbot steelworks

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Jonathan Reynolds, shadow business secretary, will visit the Port Talbot steelworks in south Wales on Monday where he will claim that a Labour government would cut a better rescue deal for the site.

The Conservative government last September struck an agreement to hand over £500mn of taxpayer money to Indian owner Tata Steel to ensure the future of the site as it shifts to low-carbon production. But the closure of the two blast furnaces at Port Talbot — slated for this year — and their replacement by a less carbon-intensive electric arc furnace are set to lead to up to 2,800 job losses.

Labour has consistently criticised the deal and previously urged the company to reconsider a trade union-backed compromise plan to retain one of the blast furnaces, which has a lifespan into the early 2030s, until the electric arc furnace is operational.

That plan would, however, cost more taxpayer money. It has also been rejected by Tata executives as not feasible operationally and financially unaffordable, as their UK operations are losing more than £1mn a day. Tata will invest £750mn to decarbonise its UK operations as part of the deal with the government.

It emerged last week that the agreement has yet to be signed off by the Department for Business and Trade. Tata executives have, however, insisted that despite the upcoming UK general election on July 4, they expect to press ahead with their plans to install the electric arc furnace.

Rajesh Nair, chief executive of Tata Steel UK, told employees in a letter at the end of May that “neither the general election nor its outcome has any impact on the timings or our decision to proceed with the winding down of our heavy-end operation”, in reference to the blast furnaces and their associated facilities.

But when Reynolds meets steelworkers at the plant on Monday he is likely to face questions about what precisely a Labour government would do if the party wins the election — and whether he backs the “multi-union” plan to keep a blast furnace open for longer, which has the support of the Community steel union and GMB.

Labour leader Sir Keir Starmer was asked by the Financial Times last week what he would do with Port Talbot if his party won the election. He replied: “We are not just

America’s Takeout Food Preferences: A Decade of Change

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June 9, 2024 Graphics/Design:

See this visualization first on the Voronoi app.

America’s Takeout Food Preferences: A Decade of Change

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Launched by Stanford students in 2012, delivery behemoth DoorDash now holds about 56% of the American online food delivery market. As a result, the company has unique insights into what Americans are ordering for food, as well as how their habits have changed.

In this visual, we rank DoorDash’s most-ordered takeout food in 2013 and 2023, per their “Decade Delivered” report.

French Fries: Born in Belgium, Loved by America

French fries are DoorDash’s most-ordered food in 2023 compared to the Panera chipotle chicken sandwich in 2013.

As it happens, French fries are also the most-ordered food on the platform of all time.

Since 2013, more than 600 million orders of fries have been delivered, and as the company notes, it is “a perfect food that (almost) no one’s making at home.”

Here’s their top 10 most-ordered takeout food items in 2013 and 2023

Rank20132023 1🥪 Chipotle Chicken Sandwich🍟 French Fries 2🥟 Pork Potstickers🥙 Chicken Quesadilla 3🍲 Tomato Bisque Soup🧀 Mozzarella Sticks 4🥗 Cobb Salad🫓 Garlic Naan 5🍠 Sweet Potato Fries🌶️ Spicy Chicken Sandwich 6🥑 Guacamole🍕 Pepperoni Pizza 7🧆 Hummus🧀 Chips & Queso 8🧀 Grilled Cheese Sandwich🍗 Traditional Wings 9🌮 Tacos🥗 Cobb Salad 10🫓 Pita🍚 Fried Rice

Interestingly, the Cobb salad is the only food item to stay within the top 10, though it has fallen five ranking spots in the last decade.

And while the chipotle chicken sandwich specifically is no longer on the top 10, spicy chicken sandwiches rank at sixth place in 2023.

When comparing overall trends over the decade, 2013 seemed to have more varied cuisine in the top 10: Asian, Indian, Middle Eastern, and French.

Meanwhile, 2023 is concentrated around American and Mexican food. DoorDash also states that the latter two are the most-ordered cuisines of the past decade. Almost universally, however, finger foods are

America American food Business chicken sandwich chicken wings Culture delivery Doordash Food food preferences food trends fries mexican food Misc online food delivery pizza tacos takeout United States

Buying a house of ‘Home Alone’ or John Lennon fame? There’s a premium for that

A number of famous homes are for sale. They include the houses in “Home Alone” and “Full House,” as well as properties owned by Beatles member John Lennon and Yoko Ono, and actor Paul Reubens, known for his character Pee-wee Herman. Renowned homes typically fetch a price premium, according to luxury real estate agents. Wealthy buyers who view the homes as collectibles are generally willing to pay anything, they said. The original house used in the “Home Alone” movies on Nov. 8, 2021. Erin Hooley/Chicago Tribune/Tribune News Service via Getty Images

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree.

However, that premium is hard to quantify since some uber-wealthy buyers will pay almost anything to own a piece of pop culture, according to real estate experts.

“It’s like owning a Picasso” or a Fabergé egg, said Tomer Fridman, a real estate agent based in Los Angeles who specializes in luxury and celebrity homes.

“You’re buying something that’s super unique and something that is very rare,” he said.

Buying for ‘Hollywood cachet’

Among recent notable listings: The Victorian home depicted on the sitcom “Full House” hit the market Thursday in San Francisco for $6.5 million. Last month, the “Home Alone” house — the brick estate famously boobytrapped by character Kevin McCallister — listed for $5.25 million.

John Lennon and Yoko Ono’s first New York City home, a two-story SoHo loft, also hit the market for $5.5 million in May. The Los Angeles home of the late Paul Reubens, best known for his character Pee-wee Herman, is also for sale, for about $5 million.

Luxury real estate prices recently hit a record high. The uber-wealthy are largely insulated from high mortgage rates since many can afford to make all-cash deals, according to real estate experts.

Famous homes generally command even loftier price tags than their market equivalents, those experts said.

Josh Altman, a luxury real estate agent in Los Angeles who is featured on the Bravo show “Million Dollar Listing,” estimates the premium can be perhaps 5% to 10% if the home

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China’s consumers are spending on experiences. Travel stocks to watch

China’s biggest food delivery platform is seeing a trend: more spending on experiences. “More and more consumers are willing to allocate a larger portion of their budget to travel,” Wang Xing, CEO of Hong Kong-listed Meituan , said Thursday during a first-quarter earnings call, according to a FactSet transcript. “Their demand is not only growing, also probably more diverse, which brings substantial opportunity for us,” he said. Meituan operates a hotel bookings and travel-related business, albeit far smaller than its food delivery operation. HSBC analysts on Friday raised their price target on the stock by 5 Hong Kong dollars (64 cents) to 170 Hong Kong dollars after an improved earnings outlook across all of Meituan’s segments. Mimicking U.S. The tourism industry’s growth, despite a more sluggish macro backdrop in China, is similar to what happened in the U.S. after the pandemic. American consumers have kept spending on experiences, including concerts and cruises . In a report last week about China’s consumer market potential, Bank of America Securities analysts chose hotel operator H World as one of its top picks. “We believe H World is best positioned to capture long-term growth in the China hotel industry given best-in-class execution,” the analysts said. “While RevPAR (revenue per available room) growth could remain under pressure near-term due to slower business travel recovery and high base of leisure travel, we believe its long-term unit growth story remains intact.” BofA rates H World a buy, and expects its U.S.-listed shares can reach $47. That’s 30% above where H World shares closed Thursday. The company’s brands include hotels with sleek, modern styles at a relatively affordable price. In China, H World also owns master franchisee rights for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel. Goldman Sachs’ latest Asia Pacific conviction list, published last week, lists H World as its only travel stock pick with an even higher price target of $52 a share. The analysts rate the stock a buy and expect it to benefit from “value-focused consumption trends” and industry consolidation. Inbound visits Travelers are also coming to mainland China from Hong Kong, Macau, Taiwan and the rest of the world. Morgan Stanley expects that inbound tourism revenue has “meaningful upside potential” and can grow by around 11% a year through 2033, according to a mid-year outlook

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The unsustainable hype around ESG

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Biotechs line up for IPOs in bullish sign for US listings market

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Archie Norman blames pension funds for decline of London’s stock market

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The graphite fight: US tariffs trigger race to build non-Chinese supply chain

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