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Daily Archives: January 4, 2008

Euro area inflation estimated at 3.1%

January 4, 2008 press release: “Euro area1 annual inflation is expected to be 3.1% in December 2007 according to a flash estimate issued by Eurostat, the Statistical Office of the European Communities. It was 3.1% in November.
Computation of flash estimates: Euro area inflation is measured by the Monetary Union Index of Consumer Prices (MUICP). To compute the
MUICP flash estimates, Eurostat uses early price information relating to the reference month from Member States for which data are available as well as early information about energy prices.”

Fact Sheet: December 2007 Marks Record 52nd Consecutive Month of Job Growth

White House press release: “Today, the Bureau of Labor Statistics released new jobs figures – 18,000 jobs created in December. Since August 2003, more than 8.3 million jobs have been created, with more than 1.3 million jobs created throughout 2007. Our economy has now added jobs for 52 straight months – the longest period of… Continue Reading

FTC To Host Public Workshop on Carbon Offsets and Renewable Energy Certificates

“As part of its review of its environmental marketing guidelines, also known as the Green Guides, the Federal Trade Commission will host a public workshop on carbon offsets and renewable energy certificates (RECs) on Tuesday, January 8, 2008, from 9:00 am to 5:00 pm at the agency’s satellite building in Washington, DC. Carbon offsets fund… Continue Reading

Chairman Waxman Schedules Hearings on Steroid Use and the Mitchell Report

Follow up to December 13, 2007 posting Senator George J. Mitchell Releases Report on Major League Baseball Investigation, today’s announcement that the House Committee on Government Oversight and Reform “will hold hearings [January 15 and 16] to obtain additional information regarding the Report to the Commissioner of Baseball of an Independent Investigation into the Illegal… Continue Reading

GAO Report: Known Performance Issues with New Orleans Drainage Canal Pumps Have Been Addressed

Army Corps of Engineers: Known Performance Issues with New Orleans Drainage Canal Pumps Have Been Addressed, but Guidance on Future Contracts Is Needed, GAO-08-288, December 31, 2007. “Hurricane Katrina caused several breaches in the floodwalls along three drainage canals in New Orleans, contributing to catastrophic flooding. To restore the pre-Katrina level of hurricane-related flood protection,… Continue Reading

SEC Publishes Text of RAND Report on Investment Adviser, Broker-Dealer Industries

“The Securities and Exchange Commission has received and posted on its Web site the text of the RAND Corporation’s final report on practices in the investment adviser and broker-dealer industries…RAND produced the report under contract with the Securities and Exchange Commission. The report is the product of more than a year of empirical study and… Continue Reading

The Employment Situation – December 2007

The Employment Situation – December 2007: “The unemployment rate rose to 5.0 percent in December, while nonfarm payroll employment was essentially unchanged (+18,000), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Job growth in several service-providing industries, including professional and technical services, health care, and food services, was largely offset… Continue Reading