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Category Archives: Economy

Public’s Positive Economic Ratings Slip

Pew Report – Inflation Still Widely Viewed as Major Problem. “Majorities in both parties remain fearful about the state of the country – Inflation may be cooling, but it continues to loom large over Americans’ evaluations of the country and the economy. Today, 23% of U.S. adults say the economy is in excellent or good shape, down from 28% in January but higher than the 19% who rated the economy positively last April.

  • The recent negative slide in economic ratings has mainly taken place among Democrats and those who lean to the Democratic Party: 37% rate the economy positively today, down from 44% in January (but up from 28% last spring).
  • Republicans and Republican leaners’ views are little changed over this period – only one-in-ten rate the economy positively.

The public again sees inflation as one of the top problems facing the nation, with 62% saying inflation is a very big problem for the country – only slightly down from the 65% who said this last year. But another economic concern – unemployment – is not widely viewed as a very big problem for the country. Just 25% of Americans currently say it’s a very big problem.”

Is College Worth It?

“As economic outcomes for young adults with and without degrees have improved, Americans hold mixed views on the value of college. At a time when many Americans are questioning the value of a four-year college degree, economic outcomes for young adults without a degree are improving. After decades of falling wages, young U.S. workers (ages… Continue Reading

The Federal Reserve Banks’ New Transparency and Accountability Policy

Via LLRX – The Federal Reserve Banks’ New Transparency and Accountability Policy – Michael Ravnitzky is an attorney and former journalist who has more than 25 years of experience in using the Freedom of Information Act and state public records laws. On December 21, 2023, the Federal Reserve Banks each announced the adoption of a uniform… Continue Reading

Dataset containing detailed purchase histories from 5027 US consumers

Data is Plural: “The MIT Media Lab’s Alex Berke et al. have compiled “a first-of-its-kind dataset containing detailed purchase histories from 5027 U.S. consumers, spanning 2018 through 2022, with more than 1.8 million purchases […] crowdsourced through an online survey and shared with participants’ informed consent.” The published data include “order date, product code,… Continue Reading

Big Oil Reality Check: Oil and Gas Companies Failing on Climate

“Oil Change International released our Big Oil Reality Check report today in collaboration with over 200 organizations worldwide. The report assesses the climate pledges and plans of eight international oil and gas companies – Chevron, ExxonMobil, Shell, TotalEnergies, BP, Eni, Equinor, and ConocoPhillips – against 10 criteria representing the bare minimum for aligning with the… Continue Reading

New Online Dashboard to Track Global Steel and Aluminum Scrap Metal Trade

“The International Trade Administration has unveiled a new supply chain monitor, known as the Global Scrap Monitor, for tracking steel and aluminum scrap trade flows around the world. This online dashboard provides data on global aluminum and steel scrap trade flows from the top importing/exporting markets, allowing domestic industry stakeholders and consumers to better understand… Continue Reading

The secret life of bridges

StoryMaps – A look at the state of America’s unsung infrastructure heroes: “Investing in infrastructure has, generally speaking, been a popular and productive decision by the United States government. It creates well-paying jobs, makes the country safer, and boosts the economy in a number of direct and indirect ways. That explains how, even in today’s… Continue Reading

OECD – Defining AI incidents and related terms

New AI report: OECD (2024), OECD Artificial Intelligence Papers, No. 16, OECD Publishing, Paris,”Defining AI incidents and related terms,” it’s a must-read for everyone in AI. Important information: An AI incident is defined as: “an event, circumstance or series of events where the development, use or malfunction of one or more AI systems directly… Continue Reading

AI in Finance and Banking, May 15, 2024

Via LLRX – AI in Finance and Banking, May 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources,… Continue Reading

Greenhouse gas giants

Data is Plural: “Carbon Majors, run by the UK-based InfluenceMap, “is a database of historical production data from 122 of the world’s largest oil, gas, coal, and cement producers.” It attributes to these producers 1,421 metric gigatons of CO2-equivalent emissions from 1854 through 2022. Launched last month, the database provides downloads at several levels of… Continue Reading