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“U.S. merchant wholesalers experienced a 3.0 percent increase in sales in 2014, according to estimates from the U.S. Census Bureau’s most recent Annual Wholesale Trade Survey. U.S. merchant wholesalers had sales of $7.7 trillion for the year, up from $7.5 trillion in 2013. E-commerce sales for merchant wholesalers increased 5.3 percent to $2.1 trillion from …
Credit Reform: Current Method to Estimate Credit Subsidy Costs Is More Appropriate for Budget Estimates Than a Fair Value Approach, GAO-16-41: Published: Jan 29, 2016. Publicly Released: Feb 29, 2016. Federal Health Care Center: VA and DOD Need to Address Ongoing Difficulties and Better Prepare for Future Integrations, GAO-16-280: Published: Feb 29, 2016. Publicly Released: …
“In honor of Women’s History Month in March, the U.S. Census Bureau released today a new table showing median earnings by detailed occupation from the 2014 American Community Survey. The table shows ratios indicating the percentage of women in an occupation, as well as the male-to-female earnings ratio in the occupation for full-time, year-round workers in …
“In 2014, U.S. businesses (nonfarm) invested $1.6 trillion in new and used buildings, structures, machinery, and equipment (including computer software), up $110.8 billion (7.4 percent) from 2013. Investment spending in the mining sector totaled $228.7 billion in 2014, up $26.5 billion (13.1 percent) from 2013, with the oil and gas extraction industry accounting for $196.0 …
National Geographic – “Across cultures, food waste goes against the moral grain. After all, nearly 800 million people worldwide suffer from hunger. But according to the Food and Agriculture Organization of the United Nations, we squander enough food—globally, 2.9 trillion pounds a year—to feed every one of them more than twice over. Where’s all that …
Basak, Suleyman and Buffa, Andrea M., A Theory of Operational Risk (February 2016). Available for download at SSRN: http://ssrn.com/abstract=2737178 “We study the dynamic decision making of a financial institution in the presence of a novel implementation friction that gives rise to operational risk. We distinguish between internal and external operational risks depending on whether the …
Language after Liftoff: Fed Communication Away from the Zero Lower Bound – by Michael Feroli, David Greenlaw, Peter Hooper, Frederic S. Mishkin, Amir Sufi. February 26, 2016. “This paper examines the Federal Reserve’s communication strategy to see how well it has worked and how it can be improved. It argues that Federal Reserve communication when …
Pitching a Level Playing Field: Women and Leadership in Sports by Barbara Kotschwar, Peterson Institute for International Economics and Tyler Moran, Peterson Institute for International Economics, December 2015. “While women’s presence in the leadership ranks of international sporting bodies has increased over the past decade, women continue to be underrepresented relative to their involvement in sports. Seeing qualified …
ABA Journal – Minority women are disappearing from BigLaw–and here’s why by Liane Jackson: “…Eighty-five percent of minority female attorneys in the U.S. will quit large firms within seven years of starting their practice. According to the research and personal stories these women share, it’s not because they want to leave, or because they “can’t …
OED – Economic Outlook for Southeast Asia, China and India 2016 Enhancing Regional Ties. DOI:10.1787/saeo-2016-en. “The annual Economic Outlook for Southeast Asia, China and India examines Asia’s regional economic growth, development and regional integration process.”
Financial Audit: U.S. Government’s Fiscal Years 2015 and 2014 Consolidated Financial Statements, GAO-16-357R: Published: Feb 25, 2016. Publicly Released: Feb 25, 2016. “To operate as effectively and efficiently as possible and to make difficult decisions to address the federal government’s fiscal challenges, Congress, the administration, and federal managers must have ready access to reliable and …
New York Fed – The Graying of American Debt – “The U.S. population is aging and so are its debts. In this post, we use the New York Fed Consumer Credit Panel, which is based on Equifax credit data, to look at how debt is changing as baby boomers reach retirement age and millennials find …
