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“The third quarter 2014 FDIC Quarterly Banking Profile (QBP) is now available on line. FDIC-insured institutions reported aggregate net income of $38.7 billion in the third quarter of 2014, up $2.6 billion (7.3 percent) from earnings of $36.1 billion the industry reported a year earlier. The increase in earnings was mainly attributable to a $7.8 …
Washington Post: “The Washington area’s reliance on federal spending has become a major headache for state and local governments, with congressionally mandated program cuts leaving gaping holes in revenue projections from Annapolis to Richmond. George Mason University’s Center for Regional Analysis estimates that the federal government spent $13.4 billion less in the Washington area in 2013 than …
“25/11/2014- Modest global economic forecasts, continuing high unemployment, and downshifts in potential output should spur governments with a greater sense of urgency to fully employ monetary, fiscal and structural policy levers to support growth, notably in Europe, according to the Economic Outlook. The Economic Outlook draws attention to a global economy stuck in low gear, with growth …
Christian E. Weller on the State of the U.S. Economy, Center for American Progress – By Christian E. Weller and Jackie Odum “Both the economy and jobs remain front and center on the minds of Americans. Considering that the United States is officially in the sixth year of an economic recovery, this would be surprising were …
Bank for International Settlements, CGFS Publications No 52 – November 2014 – “Market-makers serve a crucial role in financial markets by providing liquidity to facilitate market efficiency and functioning. This report – prepared by a Study Group chaired by Denis Beau (Bank of France) – assesses changes in the supply of and demand for market-making services as well …
United Nations Conference on Trade and Development – Geneva – October 2014. “The world economy has not yet escaped the growth doldrums in which it has been marooned for the past four years, and there is a growing danger that this state of affairs is becoming accepted as the “new normal”. Policymakers everywhere, but particularly in the systemically important economies, …
CRS – Sexual Violence at Institutions of Higher Education, Gail McCallion, Specialist in Social Policy; Jody Feder, Legislative Attorney. October 23, 2014. “In recent years, a number of high-profile incidents of sexual violence at institutions of higher education (IHEs) have heightened congressional and administration scrutiny of the policies and procedures that IHEs currently have in place to address campus sexual …
Major Management and Performance Challenges Facing the Department of Homeland Security, November 14, 2014 OIG-15-09. “We have identified major challenges that affect both the Department as a whole, as well as individual components. DHS must continually seek to integrate management operations under an authoritative governing structure capable of effectively overseeing and managing programs that cross component lines. …
“The Center for State and Local Government Excellence and the Center for Retirement Research at Boston College have partnered to develop the Public Plans Database (PPD). The PPD contains comprehensive financial, governance, and plan design information for 126 state and local defined benefit plans, along with additional data on state defined contribution plans. At the state …
“Four BLS measures of labor underutilization are used to analyze changes in the supply of labor from just before the 2007–2009 recession to June 2014; the results indicate that (1) the increase in the number of people marginally attached to the labor force over the period studied may have been due to either inadequate demand …
“Given that identity crimes, including credit, debit, and other payment card fraud, continue to be a risk to U.S. economic activity, and given the economic consequences of data breaches, the United States must take further action to enhance the security of data in the financial marketplace. While the U.S. Government’s credit, debit, and other payment …
Christine Lagarde, Managing Director, IMF “…Finally, let me turn to another very important aspect of the IMF’s statistical work—data publication. We very much recognize the importance of data as a public good. In this context, we are upgrading our data platforms and improving the way we distribute data and statistics to our membership throughout the world. Think …
