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Category Archives: Economy

Brookings – The vital role of government-collected data

“The modern economy has never been more reliant on data. Businesses, governments, and families must navigate the complexities of a world made possible by new technologies and innovative business practices. Without reliable information about the economic and social environment, it is impossible in many instances to make sensible choices. For example, when deciding where to locate distribution centers, stores, and warehouses, the American Community Survey’s (ACS’s) accurate local data have proven invaluable to retailers (Kleinhenz 2015). Researchers know significantly more about the impact of pro-work policy reforms in the 1990s due to data from the Bureau of Labor Statistics (BLS)—and are better prepared to advise policy makers on future reforms. Addressing fundamental questions important to families, the ACS aids prospective students in making better college and career choices…”

Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth

Employee Benefit Research Institute – Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth, May 2017, Vol. 38, No. 7. “This EBRI Notes examines the level of assets held by families with a working family head ages 25-64 in individual account (IA) retirement plans (employment-based defined contribution (DC) plans and individual… Continue Reading

The South Is Home to 10 of the 15 Fastest-Growing Large Cities

“Ten of the 15 fastest-growing large cities were located across the South in 2016, with four of the top five in Texas, according to new population estimates released today by the U.S. Census Bureau. Conroe, Texas (near Houston), was the fastest-growing large city (population of 50,000 or more) between 2015 and 2016 at 7.8 percent,… Continue Reading

NYT – Lack of Workers, Not Work, Weighs on the Nation’s Economy

labor shortages are weighing on overall economic growth, slowing the pace of expansion in northern Utah and other fast-growing regions even as unemployment remains stubbornly high in Rust Belt cities like Cleveland and in regions still recovering from the 2008 recession, like inland California…” Continue Reading

2015 E-Stats Report: Measuring the Electronic Economy

May 24, 2017 – “This report summarizes e-commerce statistics on shipments, sales and revenues from four sectors of the economy: manufacturing, wholesale, services & retail…The 2015 E-Stats provides estimates of e-commerce activity in key sectors of the U.S. economy for 2015, revises previously released estimates for 2014 and earlier, and places these estimates in historical… Continue Reading

CBO Analysis of American Health Care Act of 2017

H.R. 1628, American Health Care Act of 2017 – May 24, 2017 – Cost Estimate “CBO and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of H.R. 1628, the American Health Care Act of 2017, as passed by the House of Representatives. CBO and… Continue Reading

Telephone and Cable Companies – Consumers Choose Best and Worst

ACSI Telecommunications Report 2017, May 23, 2017. “Customer satisfaction is a driving force that impacts the financial outlook of individual firms and the health of the U.S. economy at large. The ACSI Telecommunications Report 2017 examines the implications of new customer satisfaction benchmarks for top companies in key industries that provide data, voice, and video… Continue Reading

Cmte. for a Responsible Federal Budget challenges Trump’s huge spending cuts

Committee for a Responsible Federal Budget President Maya MacGuineas said the following: “President Trump’s first full budget was previewed tonight. [America First – A Budget Blueprint to Make America Great Again] The budget calls for $3.6 trillion of spending reductions and reforms over the next decade. The White House Office of Management and Budget estimates that… Continue Reading

States Where the Most People Work for the Government

24/7 Wall St – “Despite consistent urging from a portion of the American public to slim down government, a large number of residents continue to make a living by working in government. In 2016, more than 3 out of every 20 American jobs involved working for the federal, state, or local government. Not all states,… Continue Reading

OECD Economic Survey of China 2017

“The latest OECD Economic Survey of China projects that the Chinese economy will remain the major driver of global growth for the foreseeable future, with per capita GDP on course to almost double by 2020 from 2010 levels. The Survey recommends continued efforts to rebalance the economy from investment to consumption and to address key risks… Continue Reading

Dataset aggregates info on food spending habits using 3 million grocery orders

Center for Data Innovation – “Online grocery service Instacart has published a dataset containing information on 3 million grocery orders from more than 200,000 de-identified users from 2017. The dataset contains information on what products users purchased, the sequence they bought them in, when they placed the order, and the amount of time between Instacart orders.… Continue Reading

Financial Times 2017 Ranking of world’s best MBA programs

Global MBA Ranking 2017 – Every year, the FT ranks the world’s best MBA programmes using multiple criteria. Use the interactive table below to compare schools. Continue Reading