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Monthly Archives: August 2008

FDIC: Recent Changes in U.S. Family Finances

Recent Changes in U.S. Family Finances: Evidence from the 2001 and 2004 Survey of Consumer Finances “The Federal Reserve Board’s Survey of Consumer Finances for 2004 provides insights into changes in family income and net worth since the 2001 survey. The survey shows that, over the 2001–04 period, the median value of real (inflation-adjusted) family… Continue Reading

Bureau of Justice Statistics Report: Parents in Prison and Their Children

News release: “An estimated 809,800 prisoners of the 1,518,535 held in the nation’s prison at midyear 2007 were parents of minor children, according to a report by the Justice Department’s Bureau of Justice Statistics (BJS). Parents in prison — 52 percent of state inmates and 63 percent of federal inmates — reported having an estimated… Continue Reading

Recent CRS Reports: Comparing Global Influence: China's and U.S. Diplomacy, Capturing CO2 from Coal-Fired Power Plants, Russia-Georgia Conflict

August 21, 2008 – State, Foreign Operations, and Related Programs: FY2009 Appropriations August 15, 2008 – Comparing Global Influence: China’s and U.S. Diplomacy, Foreign Aid, Trade, and Investment in the Developing World August 15, 2008 – Capturing CO2 from Coal-Fired Power Plants: Challenges for a Comprehensive Strategy August 13, 2008 – Nomination and Confirmation of… Continue Reading

Transportation Research Institute Study of Highway Traffic Deaths

Is the U.S. on the Path to the Lowest Motor Vehicle Fatalities in Decades? by Michael Sivak, The University of Michigan, Transportation Research Institute “Trends in U.S. motor vehicle fatalities, gasoline sales, and distance driven were examined for 12 months from May 2007 through April 2008. The results show substantial year-to year reductions in motor… Continue Reading

EIA: Petroleum Supply Monthly and Electric Power Monthly

Petroleum Supply Monthly (August 2008) (08/26/2008): “Supply and disposition of crude oil and petroleum products on a national and regional level. The data series describe production, imports and exports, movements and inventories.” Electric Power Monthly (08/26/2008): “The latest EPM issue (July 2008) is now available. Data being published in the July 2008 EPM include April… Continue Reading

Rate of House Price Declines Slows in the Second Quarter

Office of Federal Housing Enterprise Oversight (OFHEO) news release: “U.S. home prices fell in the second quarter of 2008 according to OFHEO’s seasonally-adjusted purchase-only house price index. The index, which is based on data from home sales, was 1.4 percent lower on a seasonally-adjusted basis in the second quarter than in the first quarter. This… Continue Reading

Knowledge Transfer is Critical to Companies' Competitive Edge, as Large Numbers Of Boomers Retire

News release: “Most companies do not have a plan to manage and transfer knowledge and even fewer factor cross-generational challenges into business strategy, says a new report from The Conference Board… “As the Baby Boom generation of corporate leaders and experts approaches retirement, businesses in the U.S., Canada, and many European nations face the loss… Continue Reading

Report: New York has the highest poverty rate of all northern states

Fiscal Policy Institute: “Despite several years of moderate economic growth, New York did not gain any ground in key areas of poverty and family incomes. New Yorkers were just as likely to be poor in 2007 as they were when the last recession in 2001, according to Census Bureau data released today. Also, the income… Continue Reading

FDIC: Insured Bank and Thrift Earnings Fell to $5.0 Billion in the Second Quarter

News release: “Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported net income of $5.0 billion in the second quarter of 2008, a decline of $31.8 billion (86.5 percent) from the $36.8 billion that the industry earned in the second quarter of 2007. With the exception of the fourth quarter… Continue Reading

National Infrastructure Advisory Council: Insider Threat to Critical Infrastructures Report and Recommendations

Transmittal Letter: “The insider threat to critical infrastructures constitutes a real and significant threat because of the potential a trusted insider has to inflict serious damage, including cascading and cross-sector effects and economic interruptions from critical infrastructure service losses. While many critical infrastructure operators have programs or measures in place addressing this threat to some… Continue Reading