News release: “Existing-home sales weakened against a backdrop of an eroding economy, according to the National Association of Realtors®. Existing-home sales including single-family, townhomes, condominiums and co-ops fell 8.6 percent to a seasonally adjusted annual rate¹ of 4.49 million units in November from a downwardly revised level of 4.91 million in October, and… Continue Reading
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Monthly Archives: December 2008
BEA: Gross Domestic Product and Corporate Profits – Third Quarter 2008
News release: “Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 0.5 percent in the third quarter of 2008, (that is, from the second quarter to the third quarter), according to final estimates released by the… Continue Reading
Treasury Provides TARP Funds to Local Banks
News release: “The U.S. Treasury Department announced today details of a $2.8 billion investment in 49 banks made on Friday, December 19 through its Capital Purchase Program. Treasury also closed $1.9 billion in transactions with 43 banks today. Full details of today’s transactions will be released in accordance with the Emergency Economic Stabilization Act on… Continue Reading
CBO: Factors Underlying the Decline in Manufacturing Employment Since 2000
Factors Underlying the Decline in Manufacturing Employment Since 2000 – December 23, 2008, Economic and Budget Issue Brief “The manufacturing sector of the U.S. economy has experienced substantial job losses since 2000. During the recession of 2001 and its immediate aftermath, employment in the manufacturing sector fell by about 2.9 million jobs, or 17 percent.… Continue Reading
EU: First version of the eProcurement map now available
“A map of activities having an impact on the development of European interoperable eProcurement solutions has been issued by the eProcurement Forum Team in cooperation with IDABC. The strategic objective of the eProcurement Forum, which together with IDABC promoted the production of this document, is to make the eProcurement experts aware about what is happening… Continue Reading
CBO: Historical Effective Tax Rates, 1979 to 2005
Historical Effective Tax Rates, 1979 to 2005: Supplement with Additional Data on Sources of Income and High-Income Households, December 23, 2008, Letter to the Honorable Max Baucus, Chairman, Senate Committee on Finance. Continue Reading
Agencies Release Joint Mortgage Metrics Report For the Third Quarter of 2008
News release: “The Office of the Comptroller of the Currency and the Office of Thrift Supervision issued their second report on mortgage performance today showing continued increases in delinquencies and foreclosures in process. While delinquencies, foreclosures in process, and other actions leading to home forfeiture continued to rise, newly initiated foreclosures dropped by 2.6 percent… Continue Reading
DOJ Global Justice Informationa Sharing Initiative Releases New Information Booklet
“The U.S. Department of Justices Global Justice Information Sharing Initiative (Global) has released a booklet highlighting key efforts supported by Global, including the vigilant preservation of privacy and civil liberties; fusion center partnerships; securing exchanged data and networks; and harnessing the power of the latest innovations so that new technology and standardized languages knock down… Continue Reading
EPA Designates Areas as Attainment and Nonattainment for the 24-Hour PM2.5 National Air Quality Standards
AP: “More than 100 million people living in 46 metro areas are breathing air that has gotten too full of soot on some days, and now those cities have to clean up their air, the Environmental Protection Agency said Monday. The EPA added 15 cities to the sooty air list, mostly in states not usually… Continue Reading
American Library Association Submits Report to Obama Transition Team
News release: “After the 2008 presidential election, the Office for Information Technology Policy (OITP) Advisory Committee and the Committee on Legislation (COL) held meetings with the ALA Washington Office to discuss the key issues and concerns the library community must communicate to the new Administration during this time of transition and throughout Obamas presidency. Following… Continue Reading
Mass Layoffs In November 2008
News release and Tables: “In November, employers took 2,328 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Each action involved at least 50 persons from a single employer; the number of workers involved… Continue Reading
BEA: County Compensation by Industry, 2007
BEA: County Compensation by Industry, 2007, Full Release and Tables: “County Compensation by Industry, 2007 Total compensation of U.S. workers grew 5.2% in 2007 and most counties shared in that growth, according to statistics released today by the Bureau of Economic Analysis (BEA). Compensation grew in over 90% of the 3,111 counties in the U.S.,… Continue Reading
