Category «Economy»

Federal Reserve issues FOMC statement – October 2014

“Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources is gradually diminishing. Household spending …

Subjects: Economy, Financial System, Government Documents

Governors’ Salaries 2014

“The Council of State Governments has been collecting data on governors’ salaries for The Book of the States since 1937. The average governor’s salary has grown more slowly in recent years than in the past, with a number of states cutting their chief executive’s pay during and after the Great Recession. Governors’ salaries in 2014 range …

Subjects: Economy, Government Documents

Fisheries of the United States 2013

“In its annual report, Fisheries of the United States 2013, released today, NOAA Fisheries announced that U.S. fishermen landed 9.9 billion pounds of fish and shellfish, an increase of 245 million pounds from 2012. Valued at $5.5 billion, these landings represent an increase of $388 million from 2012. “Commercial and recreational fishing are important contributors …

Subjects: Economy, Environmental Law, Government Documents

Business R&D Performance in the United States Tops $300 Billion in 2012

National Science Foundation – Raymond M. Wolfe: “Companies spent $302 billion on research and development performed in the United States during 2012, 2.8% more than the $294 billion spent during 2011 (table 1). Funding from the companies’ own sources was $239 billion during 2011 and $247 billion during 2012, a 3.6% increase; funding from other sources was …

Subjects: Economy, Government Documents

Pew Report Finds Military Checking Account Practices Need Improvement

Checks and Balances, Stars and Stripes, Banking practices at financial institutions serving the military, October 28, 2014 “Service members, like all consumers, need access to concise, easy-to-understand documents that lay out the key terms, conditions, and fees associated with their checking accounts. Clarity and transparency are especially important for Americans and their families serving in the military, …

Subjects: Economy, Financial System, Government Documents

Census Bureau Releases Industry Series Report on Accommodation

“The U.S. Census Bureau today released additional national-level data from the 2012 Economic Census Industry Series reports for the accommodation and food services sector of the economy. This release includes new statistics on the nation’s 63,896 accommodation businesses (NAICS 721), which reported sales of $195.4 billion and employed nearly 2.0 million people in 2012. Other highlights: …

Subjects: Economy, Government Documents, Housing

Regional Economic Outlook: Middle East and Central Asia

IMF – Regional Economic Outlook: Middle East and Central Asia, October 2014. “Despite setbacks, an uneven global economic recovery continues. Largely due to weaker-than-expected global activity in the first half of 2014, the growth forecast for the world economy has been revised downward to 3.3 percent this year, 0.4 percentage point lower than in the …

Subjects: Economy, Financial System, Government Documents

Decoding Stock Market Behavior with the Topological Quantum Computer

Racorean, Ovidiu Sorin, Decoding Stock Market Behavior with the Topological Quantum Computer (June 25, 2014). Available for download at SSRN: http://ssrn.com/abstract=2514779 “A surprising image of the stock market arises if the price time series of all Dow Jones Industrial Average stock components are represented in one chart at once. The chart evolves into a braid …

Subjects: Economy, Financial System, Knowledge Management

European Central Bank’s in-depth review shows banks need to take further action

News release: “The European Central Bank (ECB) has today published the results of a thorough year-long examination of the resilience and positions of the 130 largest banks in the euro area as of 31 December 2013…Key results of comprehensive assessment of 130 largest euro area banks: Capital shortfall of €25 billion detected at 25 participant …

Subjects: Economy, Financial System, Government Documents