News release: “Revenues for securities, commodity contracts and other financial investment activities decreased 36.1 percent in 2008, from $464 billion in 2007 to $297 billion in 2008, according to new data from the U.S. Census Bureau. The data tables, 2008 Service Annual Survey: Securities, Commodities, and other Financial Investments, provide national estimates of annual revenue… Continue Reading
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Monthly Archives: December 2009
Census: Newspaper Publishers Revenues Decline in 2008
News release: “Newspaper publishers experienced a single-year decline in total revenue of 8.3 percent from $47.9 billion in 2007 to $43.9 billion in 2008. This followed a more modest decline of 2.7 percent in 2007, the U.S. Census Bureau reported today. A major contributor to the overall loss in revenues for the industry was… Continue Reading
Detroit's Unemployment Rate Is Nearly 50% – Detroit News
Nearly half of Detroit’s workers are unemployed: “Despite an official unemployment rate of 27 percent, the real jobs problem in Detroit may be affecting half of the working-age population, thousands of whom either can’t find a job or are working fewer hours than they want. Using a broader definition of unemployment, as much as 45… Continue Reading
CBO Cost Estimate for Clean Energy Jobs and American Power Act
S. 1733, Clean Energy Jobs and American Power Act, December 16, 2009. Cost estimate for the bill as ordered reported by the Senate Committee on Environment and Public Works on November 5, 2009. “In total, those changes would reduce budget deficits (or increase future surpluses) by about $21 billion over the 2010-2019 period. (All estimated… Continue Reading
Federal Reserve Consent order to cease and desist against Credit Suisse
News release: “The Federal Reserve Board on Wednesday announced the issuance of a consent Order to Cease and Desist against Credit Suisse AG, Zurich, Switzerland. The Order requires that Credit Suisse improve its program for compliance with U.S. economic sanctions requirements on a global basis. The Swiss Financial Markets Supervisory Authority, the home country supervisor… Continue Reading
New York M.T.A. Approves Big Service Cuts in Mass Transit
New York Times: “The Metropolitan Transportation Authority approved a punishing slate of service cuts on Wednesday that would amount to the most significant erosion of New York Citys transit system since its recovery from the ruinous days of the 1980s. The cuts represent some of the first concrete consequences of a fiscal crisis in New… Continue Reading
New GAO Reports – Impoundment Control Act, TARP, DHS Management Integration, Formula Grants
Impoundment Control Act: Use and Impact of Rescission Procedures, GAO-10-320T, December 16, 2009 Service-Disabled Veteran-Owned Small Business Program: Case Studies Show Fraud and Abuse Allowed Ineligible Firms to Obtain Millions of Dollars in Contracts, GAO-10-306T, December 16, 2009 Status of GAO Recommendations to the Department of Defense (Fiscal Years 2001-2008), GAO-10-211R, December 16, 2009 Troubled… Continue Reading
New York City Community Air Survey: Results Winter 2008-2009
New York City Community Air Survey: Results Winter 2008-2009, Prepublication version, December 15, 200 “Across the country and in New York City, air quality has improved in recent decades, due to measures implemented to meet U.S. Environmental Protection Agency (EPA) clean air regulations. Emissions controls are now required for motor vehicles, factories and electric power… Continue Reading
Census: Chinas Population to Peak at 1.4 Billion Around 2026
News release: “Chinas population is projected to peak at slightly less than 1.4 billion in 2026, both earlier and at a lower level than previously projected. Meanwhile, Indias population is projected to surpass Chinas population in 2025, according to new data being released by the U.S. Census Bureau. These figures come from the population estimates… Continue Reading
Census Bureau Releases 2010 Statistical Abstract Depicting the State of Our Nation
Texting More Than Doubles in the Last Year: “How r u? The way we communicate is rapidly evolving, as evidenced by the fact that the number of text messages sent on cell phones has more than doubled from 48 billion in December 2007 to 110 billion in December 2008, according to the U.S. Census Bureaus… Continue Reading
Vice President Biden: Progress Report: The Transformation to A Clean Energy Economy
Progress Report: The Transformation to A Clean Energy Economy, December 15, 2009: “Im pleased to report that the administration is laying the foundation for a clean energy economy that will create a new generation of jobs, reduce dependence on oil and enhance national security. Through the Recovery Act and more effective use of programs already… Continue Reading
Presidential Task Force Report on Controlled Unclassified Information
Via FAS: “The President’s Memorandum of May 27, 2009 on Classified Information and Controlled Unclassified Information, directed a Task Force, led by the Secretary of Homeland Security and the Attorney General, to review the Controlled Unclassified Information (CUI) Framework established in 2008 for the management of Sensitive but Unclassified1 (SBU) terrorism-related information. The Task Force… Continue Reading
