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Monthly Archives: August 2010

Federal Reserve: The July 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices

“The July 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months. The survey included a set of special questions that asked respondents about lending to European firms and their affiliates and subsidiaries. This summary… Continue Reading

Categorical Exclusions for Gulf Offshore Activity to be Limited While Interior Reviews NEPA Process and Develops Revised Policy

Follow up to postings on the Gulf Coast oil spill, this news release: “Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) Director Michael R. Bromwich today announced that the department will restrict its use of categorical exclusions for offshore oil and gas development to activities involving limited… Continue Reading

Cancer Statistics, 2010

Cancer Statistics, 2010. CA Cancer J Clin 2010. doi: 10.3322/caac.20073 “Each year, the American Cancer Society estimates the number of new cancer cases and deaths expected in the United States in the current year and compiles the most recent data regarding cancer incidence, mortality, and survival based on incidence data from the National Cancer Institute,… Continue Reading

The Impact of Housing and Investment Market Declines On the Wealth of Baby Boomers

The Impact of Housing and Investment Market Declines On the Wealth of Baby Boomers, Millie Parekh, Greg Anrig, The Century Foundation, August 4, 2010 The bursting of the housing bubble in 2007, the financial meltdown in 2008, and the most severe recession since the Great Depression have destabilized the economic security of the baby boom… Continue Reading

China Now World Second Largest Economy, Overtaking Japan

Bloomberg: “China surpassed Japan as the world’s second-largest economy last quarter, capping the nation’s three- decade rise from Communist isolation to emerging superpower. Japan’s nominal gross domestic product for the second quarter totaled $1.288 trillion, less than China’s $1.337 trillion, the Japanese Cabinet Office said today. Japan remained bigger in the first half of 2010,… Continue Reading

New Orders, Production and Employment Growing; Supplier Deliveries Slower; Inventories Growing

“Economic activity in the manufacturing sector expanded in July for the 12th consecutive month, and the overall economy grew for the 15th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®. Manufacturing continued to grow during July, but at a slightly slower rate than in June. Employment, supplier deliveries… Continue Reading

CRS: Financing the U.S. Trade Deficit

Financing the U.S. Trade Deficit, James K. Jackson, Specialist in International Trade and Finance, June 22, 2010 “The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments, a summary statement of all economic transactions between the residents of the United States and the rest of the world, during a given… Continue Reading

New GAO Reports: Formaldehyde in Textiles, Higher Education, State and Local Governments

Formaldehyde in Textiles: While Levels in Clothing Generally Appear to Be Low, Allergic Contact Dermatitis Is a Health Issue for Some People, GAO-10-875, August 13, 2010 Higher Education: Institutions’ Reported Data Collection Burden Is Higher Than Estimated but Can Be Reduced through Increased Coordination, GAO-10-871, August 13, 2010 State and Local Governments: Fiscal Pressures Could… Continue Reading

Questions About Fate of the American Dream in Face of Long-Term Unemployment

Jobless millions signal death of the American dream for many: “Growth rates are stuttering and a recovery is struggling to take hold. It may even now be showing signs of going backwards again, as countries such as Germany start to power forward. Joblessness has taken hold in America, with the numbers of long-term unemployed reaching… Continue Reading