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Daily Archives: September 25, 2013

Household Income: 2012

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Household Income: 2012. By Amanda Noss, Issued September 2013.

“This report presents data on median household income at the national and state levels based on the 2011 and 2012 American Community Survey (ACS). Estimates from the 2011 ACS and the 2012 ACS show no significant change in median household income at the national level and for most states. National and state-level income trend data back to the 2000 ACS are also discussed, along with 2012 ACS metropolitan area income estimates. The ACS provides detailed estimates of demographic, social, economic, and housing characteristics for states, congressional districts, counties, places, and other localities every year…The ACS 2011 U.S. median household income was $51,324 and the ACS 2012 U.S. median household income was $51,371. This is the first time since the 2007 ACS that median household income did not decrease. From 2006 to 2007 there was a significant increase in U.S. median household income of 1.9 percent.”

The State of Women in America

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The State of Women in America: A 50-State Analysis of How Women Are Faring Across the Nation – Center for American Progress. September 2013 “The role of women in the United States has changed dramatically over the past few decades. For one, more and more women have taken on new responsibilities outside the home by joining… Continue Reading

The growing economic clout of the college educated

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Pew Fact Tank – The growing economic clout of the college educated, by Richard Fry “Last week’s data released by the Census Bureau vividly demonstrated the growing income inequality in the U.S. But deeper in the data, there’s another related finding that is also striking: The growing income accruing to the nation’s college-educated households. For… Continue Reading

Commentary – The ‘Legalization’ of China’s Internet Crackdown

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Stanley Lubman – “Internet usage – especially microblogging on Sina Weibo, China’s largest Twitter-like social media site – is presenting new challenges and new attempts to meet them from a government determined to maintain control.  In recent months Beijing has launched a multi-pronged offensive against online criticism of current policies and institutions that includes a… Continue Reading

Negative Equity and Housing Investment

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Negative Equity and Housing Investment, Andrew Haughwout, Sarah Sutherland, and Joseph Tracy. Federal Reserve Bank of New York. September 2013 “Housing is a depreciating asset. The rate of depreciation depends on the degree to which households engage in housing investments. Housing investment expenditures economy-wide are sizable, averaging 45 percent of the value of new home construction over the… Continue Reading

Heterogeneity and Stability: Bolster the Strong, Not the Weak

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Dong Beom Choi, Federal Reserve Bank of New York. September 2013 “This paper provides a model of systemic panic among financial institutions with heterogeneous fragilities. Concerns about potential spillovers from each other generate strategic interaction among institutions, triggering a preemption game in which one tries to exit the market before the others to avoid spillovers. Although… Continue Reading

UK: Data Sharing Between Public Bodies

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Data Sharing Between Public Bodies, Law Commission Consultation Paper No 214 “Data sharing is a common part of modern governance and the delivery of public services. Public bodies collect large amounts of data from individuals and other organisations in the exercise of their various functions and share these data with other public bodies. There are… Continue Reading

New GAO Reports – Community Policing, DHS, Human Capital, Human Rights, Performance Auditing

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Community Policing Hiring Grants: Grant Application and Monitoring Processes Could Be Improved to Further Ensure Grantees Advance Community Policing. GAO-13-521, September 25, 2013  Department of Homeland Security: Opportunities Exist to Better Evaluate and Coordinate Border and Maritime Research and Development. GAO-13-732, September 25, 2013 Human Capital: Opportunities Exist to Further Improve DOD’s Methodology for Estimating… Continue Reading

CFPB: Measuring the Progress of a New Agency

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By Richard Fischer and Eric Rodriguez, September 2013: “This paper reviews the key actions and decisions that the newly created Consumer Financial Protection Bureau has undertaken since it was first created by law three years ago. The mandate of this new agency is to ensure consumer financial products and services and the markets for those products… Continue Reading