
SNAP's Fiscal 2027 Food Benefit Limits Take Effect, With Hawaii Cut
New SNAP maximums took effect October 1, raising the contiguous-state four-person cap to $1,023 while lowering Hawaii's to $1,655.
Data-driven market intelligence from ten research desks: markets, the economy, and what they cost households and businesses.

New SNAP maximums took effect October 1, raising the contiguous-state four-person cap to $1,023 while lowering Hawaii's to $1,655.

Regular gasoline reached $4.48 a gallon in late September, while August shelter CPI rose 0.3% monthly and food-at-home prices edged lower. September CPI is due October 14.

August CPI-W rose 3.5 percent over the year, two of the three months that set the 2027 Social Security COLA are locked, and the September print on October 14 decides whether the raise lands near 3.2 or 3.6 percent.

Consumer confidence fell 6.7 points to 81.9, its lowest since April 2014, and the Conference Board's own write-ins say pump prices drove it: AAA has regular at $4.45, up 37 cents in a month, with 6.1% expected inflation now steering household math.

AAA's national diesel average hit an all-time record $6.5276 on September 22, 2026, up 75 percent from a year ago, and the lagged pass-through into grocery and shipped-goods prices lands in the October and November CPI prints.

BLS average price data put Grade A large eggs at $2.27 a dozen in August 2026, down 36.7 percent from $3.59 a year earlier, yet food at home CPI is still up 2.2 percent year over year and gasoline is the line doing the damage.

The 30-year fixed hit 7.03 percent, its first print above 7 since January 2025, and pump prices sit 43.6 percent above last year. August PCE lands Wednesday and decides whether the Fed hikes again.

EIA's weekly survey put regular gasoline at $4.478 a gallon for the week of September 21, the highest print since July 2022 and 41 percent above last year, during the weeks when pump prices normally fall.

EIA's weekly survey put U.S. retail diesel at $6.529 a gallon for the week of September 21, a record 74 percent above last year, even as WTI crude slid to about $91, and the gap is a tax on everything that arrives by truck.

Henry Hub gas sat at $2.81 on September 9 with the highest pre-winter storage since 2016, the one cost-of-living line pointing down while electricity runs 30 percent above last year.

The AAA national average hit $4.4786 a gallon on September 21, about 40 percent above last year, even as crude fell in Monday trade; September CPI, due October 14, will book most of the move.

Regular gasoline hit $4.319 a gallon in the week of September 14, a third straight weekly rise that puts September CPI on course for an energy surprise.