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Daily Archives: January 8, 2012

Economic Developments, Risks to the Outlook, and Housing Market Policies

Economic Developments, Risks to the Outlook, and Housing Market Policies – Governor Elizabeth A. Duke At the Virginia Bankers Association/Virginia Chamber of Commerce 2012 Financial Forecast, Richmond, Virginia, January 6, 2012

  • “Perhaps the most telling measure of the subpar pace of recovery is the painfully slow improvement in the labor market. Employment gains were tepid last year and made only a small dent in the large number of people who are still out of work (chart 2). In recent months, there have been glimmers of hope seen in the job market. For example, payroll employment rose 200,000 in December and the unemployment rate, which had hovered around 9 percent for most of the year, fell to 8.5 percent, a rate that while still far too high was the lowest in 2-1/2 years (chart 3). That said, other economic data have improved more modestly, and the bulk of the evidence, including help-wanted advertising and surveys of employers’ hiring plans, suggests that the job market is not poised for marked improvement in the months ahead…Housing markets…have shown only slight signs of improvement: Housing demand and homebuilding (chart 6) continue to be restrained by weak income and sentiment, tight lending standards, and a large overhang of vacant properties (chart 7).”
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  • DC.gov – applications built by DC government

    Via DC Apps – Users may Browse Categories: Education, Public Safety, Economic Development, Infrastructure, Government Operations, Health and Human Services, About DC. Also includes links to Best applications built by individuals/companies. Apps include: DC Police Crime Mapping, Where is my Bus?, DC Wi-Fi Hot Spot Map, AreYouSafe DC, find a metro dc, DC Multimodal Crime… Continue Reading

    CBO – Deforestation and Greenhouse Gases Report and Infographic

    Deforestation and Greenhouse Gases – Human activities produce large amounts of greenhouse gases (GHGs), primarily carbon dioxide (CO2), and thus contribute to global warming. The use of fossil fuels is the primary source of CO2 emissions, but the removal of trees from forested land has also contributed. Mature forests, having absorbed CO2 from the atmosphere… Continue Reading

    NASA expands open source activities with launch of code.nasa.gov

    News release: “…we are launching code.nasa.gov, the latest member of the open NASA web family. Through this website, we will continue, unify, and expand NASA’s open source activities. The site will serve to surface existing projects, provide a forum for discussing projects and processes, and guide internal and external groups in open development, release, and… Continue Reading

    Down and Out: Measuring Long-Term Hardship in the Labor Market

    Down and Out: Measuring Long-Term Hardship in the Labor Market, January 2012, John Schmitt and Janelle Jones – Center for Economic and Policy Research “From peak to trough, the United States lost almost nine million jobs in the most recent economic downturn. What was completely unprecedented about the most recent recession, however, was the explosion… Continue Reading

    Maldives: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

    Maldives: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism, January 2012 – IMF Country Report No. 12/1 “This report summarizes the anti-money laundering and counter-terrorist financing measures (AML/CFT) that were in place in the Republic of Maldives at the time of the on-site visit (October 17–28, 2010) and shortly thereafter. It… Continue Reading