“New data from the U.S. Census Bureau show that 62 percent of households reported using Internet access in the home in 2007, an increase from 18 percent in 1997, the first year the bureau collected data on Internet use. Sixty-four percent of individuals 18 and over used the Internet from any location in 2007, while only 22 percent did so in 1997. Among households using the Internet in 2007, 82 percent reported using a high-speed connection, and 17 percent used a dial-up connection.”
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Daily Archives: June 3, 2009
Testimony by Chairman Bernanke on current economic and financial conditions and the federal budget
Chairman Ben S. Bernanke, Current economic and financial conditions and the federal budget, Before the Committee on the Budget, U.S. House of Representatives, Washington, D.C., June 3, 2009 “The U.S. economy has contracted sharply since last fall, with real gross domestic product (GDP) having dropped at an average annual rate of about 6 percent during… Continue Reading
New GAO Reports: Public Transportation, Rebuilding Iraq, Indian Health Service
Alaska Native Villages: Limited Progress Has Been Made on Relocating Villages Threatened by Flooding and Erosion, GAO-09-551, June 03, 2009 Influenza Pandemic: Continued Focus on the Nation’s Planning and Preparedness Efforts Remains Essential, GAO-09-760T, June 03, 2009 Public Transportation: New Starts Program Challenges and Preliminary Observations on Expediting Project Development, GAO-09-763T, June 03, 2009 Rebuilding… Continue Reading
Treasury Releases Capital Purchase Program Monthly Lending Report Data
News release: “The U.S. Department of the Treasury today released the data from its first Capital Purchase Program (CPP) Monthly Lending Report. The CPP Monthly Lending Report includes all participants in the CPP and will be published in addition to the Monthly Lending and Intermediation Snapshot of the top 21 CPP participants, which Treasury first… Continue Reading
ADP National Employment Report
ADP National Employment Report: “Nonfarm private employment decreased 532,000 from April to May 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from March to April was revised by 54,000, from a decline of 491,000 to a decline of 545,000. Monthly employment losses in April and… Continue Reading
National Geological Carbon Capture Program Can Help Develop Cleaner Energy, Reduce Greenhouse Gases
News release: “Secretary of the Interior Ken Salazar today sent Congress his recommendations for a national program to help reduce greenhouse gases by selecting appropriate underground geological formations on public lands to inject and store carbon dioxide emissions from coal-fired power plants and other carbon-dioxide producing facilities.” “The Interior report to Congress, Framework for Geological… Continue Reading
Google Squared Now Live
“Google Squared is a search tool that helps you quickly build a collection of facts from the Web for any topic you specify. Facts about your topic are organized as a table of items and attributes (we call them “Squares” for fun). Customize these Squares to see just the items and attributes you’re interested in.… Continue Reading
Report Examines Private Long-Term Care Insurance And The Challenges of Paying for Long-Term Care
“As the ongoing recession places new constraints on family and government budgets, the long-standing gap between Americans need for long-term care services and the public and private funding available to pay for them grows ever wider. Policymakers may be interested in exploring whether private long-term care insurance which now covers only about 6 million… Continue Reading
European Commission: Financial Services Supervision and Committee Architecture
“Currently, three committees exist at the EU level in the financial services sector, with advisory powers, the Committee of European Banking Supervisors (CEBS), the Committee of European Insurance and Occupational Pensions Committee (CEIOPS) and the Committee of European Securities Regulators (CESR). These are often known as the Lamfalussy level 3 Committees because of the role… Continue Reading
BEA: Economic Slowdown Widespread Among States in 2008
“New statistics released by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2008 as economic growth overall slowed. Real GDP growth slowed in 38 states, with downturns in construction, manufacturing, and finance and insurance restraining growth in many states.1 Growth in real U.S.… Continue Reading
