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News release: “Nonfarm payroll employment continued to decline in July (-247,000), and the unemployment rate was little changed at 9.4 percent, the U.S. Bureau of Labor Statistics reported today. The average monthly job loss for May through July (-331,000) was about half the average decline for November through April (-645,000). In July, job losses continued …
CBO’s Long-Term Projections for Social Security: Potential Range of Scheduled Social Security Outlays and Revenues – 2009 Update, August 2009 “Today, Social Securitys annual revenues exceed its annual outlays. But as the baby-boom generation (people born between 1946 and 1964) continues to age, growth in the number of Social Security beneficiaries will pick up, and …
CBO: The Budgetary Effects of Expanding Governmental Support for Preventive Care and Wellness Services, August 7, 2009 “Preventive medical care includes services such as cancer screening, cholesterol management, and vaccines. In making its estimates of the budgetary effects of expanded governmental support for preventive care, CBO takes into account any estimated savings that would result …
2009 Annual Report: Budget Review: “Reports on the current budgeted expenses of the Board of Governors and the Federal Reserve Banks. The previous year’s income and expenses are also discussed. Describes the budgeting process for the Board and Banks and shows trends in expenses and employment.”
News release: “Homeowners in all regions of the United States are seeing their home equity lines of credit (HELOCs) frozen or reduced and wondering what they can do about it. The Federal Reserve’s 5 Tips for Dealing with a Home Equity Line Freeze or Reduction guide explains consumers’ rights and lenders’ responsibilities when credit lines …
Ballistic Missile Defense: Actions Needed to Improve Planning and Information on Construction and Support Costs for Proposed European Sites, GAO-09-771, August 06, 2009 Public Transportation: Better Data Needed to Assess Length of New Starts Process, and Options Exist to Expedite Project Development, GAO-09-784, August 06, 2009 Small Business Innovation Research: Observations on Agencies’ Data Collection …
Monthly Budget Review August 2009 Based on the Monthly Treasury Statement for June and the Daily Treasury Statements for July 2009. “The federal budget deficit for the first 10 months of fiscal year 2009 reached $1.3 trillion, CBO estimates, close to $880 billion greater than the deficit recorded through July 2008. Outlays rose by almost …
News release: “Fannie Mae reported a loss of $14.8 billion, or ($2.67) per diluted share, in the second quarter of 2009, compared with a loss of $23.2 billion, or ($4.09) per diluted share, in the first quarter of 2009. Second-quarter results were driven primarily by $18.8 billion of credit-related expenses, reflecting the ongoing impact of …
U.S. Immigration and Customs Enforcement (ICE): “Assistant Secretary John Morton announced substantial steps, effective immediately, to overhaul the immigration detention system. These reforms will address the vast majority of complaints about our immigration detention, while allowing ICE to maintain a significant, robust detention capacity to carry out serious immigration enforcement. The present immigration detention system …
News release: “The Federal Trade Commission today issued a Final Rule that will prohibit market manipulation in the petroleum industry. The Rule will prohibit fraud or deceit in wholesale petroleum markets, and omissions of material information that are likely to distort petroleum markets. The FTCs approval of the Rule concludes a proceeding that incorporated several …
“The Federal Reserve Board on Wednesday announced that data from its H.4.1 statistical release, Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks, which includes the weekly publication of the Federal Reserve’s balance sheet, is now available through the Data Download Program. The program provides interactive access to Federal Reserve …
News release: “Spending by all U.S. nonfarm businesses on new and used structures and equipment increased 17 percent, or nearly $201 billion, to a total of $1.362 trillion in 2007. This compares with an earlier cyclical peak of $1.161 trillion in 2000, according to a report today from the U.S. Census Bureau. These data come …
